economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The … institutions-augmented Solow model fits the empirical data very well. It turns out that differences in physical capital, human … differences in economic development among the countries of the world. According to the institutions-augmented Solow model, the …

We explore a newly available dataset on quality of growth to investigate the effect of institutions on growth quality … in 93 developing countries for the period 1990 to 2011. Quality of institutions is measured in term of political risk … established. First, institutions are positively related to the quality of growth. Second, institutions have significantly …

This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …

In this paper, we empirically investigate the effect of entrepreneurship on economic growth at the country level. We … use data from the Global Entrepreneurship Monitor, which provides comparative data on entrepreneurship from a wide range … effects of entrepreneurship in general and growth-oriented entrepreneurship in particular. We present empirical tests of the …

entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights … from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between … entrepreneurship and development; and (iii) fresh insights for entrepreneurship policy for development that emerges from recent …