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We explore the role of financial development to explain the negative correlation between capital inflows and productivity catch-up. Evidence shows that countries with higher productivity growth rates export capital while countries with lower productivity growth rates receive positive capital...
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We explore empirically the relationship between economic growth, factor inputs, institutions, and entrepreneurship. In … particular, we investigate whether entrepreneurship and institutions, either independently or in combination in an ecosystem … interdependent system of complementarities. We argue that entrepreneurship operating in particular institutional contexts, perhaps …
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