entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … other natural resources determines structural change and economic development. A more equal distribution of natural … earned in the primary goods sector. Second, by shifting the distribution of political power from resource owners towards the …

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … other natural resources determines structural change and economic development. A more equal distribution of natural … earned in the primary goods sector. Second, by shifting the distribution of political power from resource owners towards the …

This paper argues that openness to goods trade in combination with an unequal distribution of political power has been …

This paper argues that openness to goods trade in combination with an unequal distribution of political power has been …

where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …

country-of-ancestry distribution for US counties from 1850 to 2010. We also develop a county-level measure of GDP per capita …-of-origin composition of a county matters. Moreover, the culture, institutions, and human capital that the immigrant groups brought with …

This paper emphasizes that the evolution of religious institutions in Europe was influenced by the expansionary threat …

Although social institutions permeate the world in which we live, they are all but absent from our analyses of economic … institutions for growth and development. …

institutions, and are robust to the use of alternative data and estimation techniques. …