Glaeser, Edward L.; Kerr, Sari Pekkala; Kerr, William R. - In: The Review of Economics and Statistics 2 (2015) 97, pp. 498-520
We study entrepreneurship and growth through the lens of U.S. cities. Initial entrepreneurship correlates strongly with … damped entrepreneurship across several generations. Proximity to historical mining deposits is associated with reduced … entrepreneurship for cities in the 1970s and onward in industries unrelated to mining. We use historical mines as an instrument for our …