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trust and civic norms from the World Values Surveys for a sample of 29 market economies. Memberships in formal groups …
Persistent link: https://www.econbiz.de/10014059403
This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...
Persistent link: https://www.econbiz.de/10014025693
The paper develops a simple model to exemplify how social trust might affect the growth of schooling through lowering transaction costs associated with employing educated individuals. In a sample of 52 countries, the paper thereafter provides empirical evidence that trust has led to faster...
Persistent link: https://www.econbiz.de/10012729874
Entrepreneurship Monitor's Adult Population Survey of 63 countries over 2002-2010 and find robust support for these hypotheses. …
Persistent link: https://www.econbiz.de/10011734505
This paper shows how and why the Solow growth accounting framework is useful for linking entrepreneurship capital to … knowledge investments on economic growth. By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link … between investments in new knowledge and economic growth. Entrepreneurship is an important mechanism permeating the knowledge …
Persistent link: https://www.econbiz.de/10012714139
study has used paneldata for a large set of countries of the world. Panel-data framework has certain advantages over cross …-country regression. Coverage of our data-set for large number of countries of the world also adds to the authenticity of our analysis …
Persistent link: https://www.econbiz.de/10011928772
Persistent link: https://www.econbiz.de/10003589864
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We study the effect of entrepreneurship on economic growth. First, we illustrate that entrepreneurship affects the … entrepreneurship exerts significant growth stimuli. We then evaluate this prediction empirically applying 3SLS estimations based on the … approach proposed by Barro (1991, 2000, 2003). Using data of 188 countries between 1980-2010, we show that entrepreneurship has …
Persistent link: https://www.econbiz.de/10009674946