This paper sets out to evaluate the role that entrepreneurs and small businesses play in economic development.  How important are entrepreneurs and small businesses in creating jobs, and are these the types of jobs that should be encouraged?  How important are entrepreneurs and small...

Using an Okun's law framework, this paper estimates potential growth for the 1990s as measured by both fixed-and chain-weighted indexes of GDP. Estimated potential growth rates are then decomposed into growth in labor productivity and growth in labor input using a regression analysis to separate...