Showing 1 - 10 of 44
growth of African countries primarily due to the high prevalence of agriculture in these countries. But with avenues of … countries in the East African Community (EAC). Recently, the growth rate of the service sector has been impressive in the … sales growth, innovation and turnovers of service firms. The results show the factors that have contributed to the …
Persistent link: https://www.econbiz.de/10011520971
This paper introduces a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE). The NEE construct is based on a methodology that combines institutions and human...
Persistent link: https://www.econbiz.de/10010438892
Large international differences in the price of labor can be sustained by differences between workers, or by natural and policy barriers to worker mobility. We use migrant selection theory and evidence to place lower bounds on the ad valorem equivalent of labor mobility barriers to the United...
Persistent link: https://www.econbiz.de/10011454010
aggregate labor supply and savings. Next, we turn to economic growth, and describe how accounting for families is central for …
Persistent link: https://www.econbiz.de/10011454407
estimation, the paper estimates a growth model using the difference in the log of GDPC between periods t and t+1. Buttressed by … sufficient empirical evidence, the paper's findings corroborate that the Arab Spring had been negatively associated with growth …
Persistent link: https://www.econbiz.de/10011980078
Satiation of need is generally ignored by growth theory. I study a model where consumers may be satiated in any given … endogenized, the satiated equilibrium generically survives. For some parameter values, its growth rate is positive while labor … supply declines over time to zero. Its growth rate is then lower than that of the non satiated equilibrium. Hence, the …
Persistent link: https://www.econbiz.de/10011704209
Policy makers find it difficult to promote economic development through entrepreneurship and SMEs. In this paper we argue that this is because the positive impact of entrepreneurship is overestimated and its negative impact underestimated. It is moreover also because there is no unified...
Persistent link: https://www.econbiz.de/10011743542
This paper examines the economic consequences of terror attacks and the channels through which terrorism affects local economies. I rely on an exhaustive list of terror attacks over the period 1970-2013 in the U.S. and exploit the inherent randomness in the success or failure of terror attacks...
Persistent link: https://www.econbiz.de/10011388324
international differences in post-crisis GDP growth. …
Persistent link: https://www.econbiz.de/10011641565
In earlier work (Bénabou, Ticchi and Vindigni 2013) we uncovered a robust negative association between religiosity and patents per capita, holding across countries as well as US states, with and without controls. In this paper we turn to the individual level, examining the relationship between...
Persistent link: https://www.econbiz.de/10010509962