Market competition is central to innovative activity, the diffusion process and macro-economic productivity growth …. Productivity growth at all levels comes about through institutional reconfiguration in response to the ongoing market process …. Stable and sustained long-term growth in output requires the continuous creation of new technological and commercial …

effects of its own investment, while treating other countries' investments as given. Average world growth is endogenous, as is …

growth. Data from the World Values Survey enable us to investigate tolerance–growth relationships for 54 countries. We … tolerance toward homosexuals is negatively related to growth. For tolerance toward people of a different race, we do not find …

We conduct an extensive robustness analysis of the relationship between trust and growth by investigating a later time …. We find that when outliers (especially China) are removed, the trust-growth relationship is no longer robust. On average …

phenomena - the industrialization and growth take-off of rich 'northern' nations, massive global income divergence, and rapid … trade expansion. Specifically, we present a stages-of-growth model in which the four phenomena are jointly endogenous and …

The paper demonstrates how trade between developing countries can cause the divergence of long-run growth among these …

phenomena - the industrialization and growth take-off of rich 'northern' nations, massive global income divergence, and rapid … trade expansion. Specifically, we present a stages-of growth model in which the four phenomena are jointly endogenous and … high, industry is dispersed and growth is low. In the second stage, the north industrializes rapidly, growth takes off and …