This paper provides an analytic review of selected contributions to the study of institutions and economic growth. We … review the contributions to the study of institutional determinants of long-run growth by Engerman and Sokoloff, and Acemoglu … steps towards bridging the gap between the study of long-run and short-run growth performances. In addition, we review two …

, income inequality is negatively related to economic growth. The dynamics of income distribution is determined by relative …Public capital investment plays an important role in long run growth through enhancing productivity and complementing …. In this case, public capital once more becomes an important determinant of long-run growth through its indirect effect on …

research policy in Europe. Second, we give our vision for investments in research and higher education for economic growth and …

This paper investigates the interplay between social capital, innovation and economic growth in the European Union. We … identify innovation as an important mechanism that transforms social capital into economic growth. In an empirical … growth and that social capital affects growth indirectly by fostering innovation. Our estimates suggest that there is only a …

"Innovation is good for you" appears actually the common feature of most science, technology and innovation studies … over the last decades. This appears, however surprising given the fact that innovation failure rather than innovation … lecture: could it be that innovation is not always good for you? A frequently heard argument is that at a societal level …

innovation output and economic growth for regions of the European Union from 1990-2002. Using several measures of social capital … and innovation, and the European Union’s Objective 1, 2 and 5b figures for EU regional support, the estimates suggest that …

20th Century to keep pace with rapid population growth. In a third section, we replace the word "population" in the above … cited Malthus' quote with "consumption" and illustrate what this might imply for global world growth and Europe's place in … knowledge re-use, adaptation and embedment in many emerging and developing countries involving efforts at local innovation, is …

) how to deal with jobless growth in manufacturing, (vii) creating adequate systems of financial intermediation, and (viii …

We provide a growth model with imported resources and foreign debt accumulation providing the basis for two questions … and regression equations. 1) Under what conditions do growth rates of per capita income remain positive if imported inputs … following results. Oil price growth rates have only a marginal impact on those of GDP per capita as long as they exceed …