Existing growth research provides little explanation for the very large differences in long-run growth performance across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of economic institutions and quantitative measures of...

Diese Arbeit untersucht die Determinanten des Wirtschaftswachstums in OECD-Ländern für die Periode von1960 bis 2000. Die geschätzten Wachstumsregressionen ergeben dabei mit überraschender Deutlichkeit, dassdas Wachstum der Staatsquote eine wichtige negative und die grössere Offenheit eine...

Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present paper it is shown that – when this variable is added...