microeconomic theory and evidence showing that entrepreneurs with superior levels of human capital run larger firms. …

Countries and a World comprising 55 countries). Our findings indicate that the equal-share relationship holds strongly for US … states, holds weakly for EU countries, but does not hold for Developing Countries or the World. …

literature. In contrast, studies on relative location tend to be weakly linked to theory, but apply relatively sophisticated … appropriateness of such models, and identify areas of potential concern. The rather weak linkage between theory and operational models …

share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … country depends on its connections to the rest of the world and on the human capital of the countries it is exchanging … knowledge with. We show how the diffusion of knowledge through the world explains the evolution of global income inequality. It …