institutional change in a context of technological innovation. When decisions are made through majority voting, the vote on …

This paper studies the effect of individual uncertainty on collective decision-making to implement innovation. We show … Fernandez and Rodrik (1991). Blocking innovation is rooted in the aversion to the potential loss of political clout in future …-monotonic relationship between institutional efficiency and the size of innovation. …

Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did … (WTO), many of its trading partners are increasingly concerned that China’s competition in the world goods and capital … markets may adversely affect their own growth prospects. This paper examines the implications of China’s WTO accession for …

This paper seeks to investigate the transmission mechanisms linking productivity to the real exchange rate in the … former Yugoslav Republic of Macedonia. At first glance, the stylized facts-low labor productivity growth and a trend real …

used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic … suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture. …

A new dataset on export sophistication reveals that in many countries the importance of modern services, and the …

Recently, the export performance of France relative to its own past and relative to a major trading partner, Germany …