dynamic increasing returns to scale. Kaldor's third law purports that overall growth is positively correlated to employment … growth in manufacturing output, and negatively correlated to employment in non-manufacturing sectors. The empirical results … in the economy to a certain degree. -- Kaldor's Law ; Industrial Output ; Employment ; Productivity ; Growth …

entrepreneurship driven by opportunity (directly or indirectly by perceived capacities) is a key factor in stimulating the European … that analyses the impact of entrepreneurship on economic growth, but using a sample of countries in Europe (there are few … the global entrepreneurship monitor (GEM) to assess their impact of entrepreneurship on countries’ economic growth. …