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Switzerland's rise to a wealthy nation: Competition and contestability as key success factors
Weder, Beatrice; Weder, Rolf - 2009
development of the Swiss economy in the nineteenth and twentieth century. We describe how Switzerland evolved from a relatively … markets as well as a high degree of competition were crucial for the development of the Swiss economy. In addition, the Swiss …
Persistent link: https://www.econbiz.de/10010273431
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Out with the sleaze, in with the ease: Insufficient for entrepreneurial development?
Naudé, Wim - 2009
Improved governance and lower start-up costs may not be sufficient for encouraging the type of entrepreneurship that …) opportunitymotivated entrepreneurship (as opposed to necessity-motivated entrepreneurship) drives economic growth; (ii) governance and the … start-up costs are not significant determinants of opportunity entrepreneurship; and (iii) better governance leads to higher …
Persistent link: https://www.econbiz.de/10010273479
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Development path of China and India and the challenges for their sustainable growth
Li, Yuefen; Zhang, Bin - 2008
The segmentation of global manufacturing and services provided China and subsequently India with a golden opportunity to make full use of their absolute advantage low cost yet educated labour to integrate into the world economy within a comparatively shorter period of time than some earlier...
Persistent link: https://www.econbiz.de/10010273488
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Culture, institutions and the wealth of nations
Gorodnichenko, Yuriy; Roland, Gerard - 2010
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with innovation in an individualist culture. This cultural...
Persistent link: https://www.econbiz.de/10010274699
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Subjective well-being, income, economic development and growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2010
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10010274814
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What is the Value of Entrepreneurship? A Review of Recent Research
van Praag, C. Mirjam; Versloot, Peter H. - 2007
This article examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10010325306
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On the Latin American growth paradox: A hindsight into the Golden Age
Barboni, Giorgia; Treibich, Tania - 2010
Fagerberg and Srholec (2008(24)). Our study of the economic evolution of Latin America during the Golden Age (1950-1975) is …
Persistent link: https://www.econbiz.de/10010328448
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Unlucky or bad? Economic policy and economic growth
Osborne, Evan - 2003
Cross-country growth regressions have in recent years become a major growth industry. The most common purpose of this work has been to investigate the determinants of economic growth. But it is also possible to use the existing growth data to determine the extent to which policy choices help or...
Persistent link: https://www.econbiz.de/10010332290
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When Fast Growing Economies Slow Down: International Evidence and Implications for the People's Republic of China
Eichengreen, Barry; Park, Donghyun; Shin, Kwanho - 2011
This paper analyzes international historical evidence and finds that economic growth slows down when per capita income reaches US{dollar}17,000.
Persistent link: https://www.econbiz.de/10010507314
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A Note to Schooling in Development Accounting
Caselli, Francesco; Ciccone, Antonio - 2012
the development accounting literature by describing a non-parametric upper bound on the increase in output that can be … with the necessary data, compare our results with the standard development accounting approach, and provide an update on …
Persistent link: https://www.econbiz.de/10010507360