This paper deals with the long cycles that characterize the evolution of capitalist economies. It begins with a discussion of epochs of expansion and contraction in the level of economic activity and makes an effort to move towards a meaningful periodization of economic history. The claim that...

Empirical results from a random-effects regression model show that ethnic heterogeneity has a negative effect on growth. The negative effect is seen largely in the hampering of efficiency improvements, but not capital accumulation.

Ethnic heterogeneity influences economic growth through various channels such as efficiency improvement, capital accumulation, and technological progress. However, it is open to discussion exactly how ethnic heterogeneity affects these channels. Hence, this paper attempts to examine the effects...

In the first place, this paper intends to analyze the kind of relationships existing inside the family. In order to do that, the author makes an effort to reconsider its historical forming process applying the classical anthropological texts. At this stage, the analysis proposes two different...

Empirical results through a fixed effects regression model show that government size has a negative effect on growth mainly through hampering capital accumulation. When a sample is divided into OECD and non-OECD countries, the negative effect of government size on capital accumulation persists...