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Evolution and the growth process: Natural selection of entrepreneurial traits

Galor, Oded; Michalopoulos, Stelios - 2012

This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of … economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit … evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting …

Persistent link: https://www.econbiz.de/10010282576

Teaching practices and social capital

Algan, Yann; Cahuc, Pierre; Shleifer, Andrei - 2011

We use several data sets to consider the effect of teaching practices on student beliefs, as well as on organization of firms and institutions. In cross-country data, we show that teaching practices (such as copying from the board versus working on projects together) are strongly related to...

Persistent link: https://www.econbiz.de/10010286875

Origins and Implications of Family Structure across Italian Provinces in Historical Perspective

Bertocchi, Graziella; Bozzano, Monica - 2016

In this study we review the literature on the origins and implications of family structure in historical perspective with a focus on Italian provinces. Furthermore we present newly-collected data on three of the main features of family structure: female mean age at marriage, the female celibacy...

Persistent link: https://www.econbiz.de/10011584642

Wirtschaftliche Entwicklung und Demokratie: ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?

Sunde, Uwe - 2006

relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that … terms of a rule of law. On the other hand do democracies not simply arise as consequence of economic development, but …

Persistent link: https://www.econbiz.de/10010267954

Culture, institutions and the wealth of nations

Gorodnichenko, Yuriy; Roland, Gerard - 2010

We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with innovation in an individualist culture. This cultural...

Persistent link: https://www.econbiz.de/10010274699

Risk, institutions and growth: Why England and not China?

Greif, Avner; Iyigun, Murat; Sasson, Diego - 2011

We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual-level, idiosyncratic risk implies that distinct...

Persistent link: https://www.econbiz.de/10010278525

Will GDP growth increase happiness in developing countries?

Clark, Andrew E.; Senik, Claudia - 2011

reliable than those at the individual level. Second, development is a qualitative process involving take-off points and … stages and dimensions of the development process. …

Persistent link: https://www.econbiz.de/10010278591

Slavery, education, and inequality

Bertocchi, Graziella; Dimico, Arcangelo - 2010

We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...

Persistent link: https://www.econbiz.de/10010278600

Race v. suffrage: The determinants of development in Mississippi

Bertocchi, Graziella; Dimico, Arcangelo - 2011

1950s. Finally, we turn to the determinants of a broad array of development indicators for the year 1960 and for the 1960 …

Persistent link: https://www.econbiz.de/10010280698

Entrepreneurship in advanced and developing countries: A microeconomic perspective

Vivarelli, Marco - 2012

The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from simple 'turbulence'; 2) the different microeconomic...

Persistent link: https://www.econbiz.de/10010282123