We present a new dataset that tracks changes in legal ownership regimes in the petroleum sector between 1867 and 2008 for a panel of countries. We document that foreign ownership has been taken over by partnerships as the leading ownership regime, while domestic ownership is on the rise again in...

This study relates foreign direct investment (FDI) to economic growth, institutional quality and manufacturing value added, using panel data techniques that allow for parameter heterogeneity and non-stationarity. The results confirm that economic growth, institutional quality, and natural...

Objective: The objective of this study was to examine the moderating effect of institutional quality in the relationship between oil rents and entrepreneurial start-ups for oil-rich countries in Africa. Research Design & Methods: The study employed panel regression techniques that included...

The aim of the concept of inclusive growth, which is being promoted in particular by international organisations such as the OECD, is to derive political recommendations on the basis of selected indicators so that a maximum number of socio-economic groups may benefit from the economic progress...

After more than half a century of armed conflict, Colombia is moving towards a post-conflict period. National and regional strategies aimed to strengthen institutional capacities, promote productive entrepreneurship and reduce organized violence and crime, are crucial lines of action for the...

Trust and entrepreneurship are seen as key ingredients of long-term prosperity. However, it is not clear how these two are related. Part of the confusion can be traced back to the measurement of entrepreneurship, biased towards independent entrepreneurship (self-employed and new firms), and...