Entrepreneurial activity and economic growth withinpost-Soviet Russia is studied by using a rich regional data set to obtain astatistical characterization.Russia was considered a good source forevaluating links between entrepreneurial activity and growth because of theunusual variation in...

In the early stages of post-Soviet Russia's economic transition, small-scale entrepreneurial activity appeared to be a strong engine of growth. Moreover, striking regional variations in initial conditions and adopted policy reforms appeared useful in accounting statistically for observed...

We use population data from the U.S. Census to track regional patterns of growth from 1790 through 1990. At the county level, we find that an initial general tendency towards population convergence lasting roughly through the 1800s becomes dramatically reversed: particularly in the post-WWII...

We develop a forecasting model of GDP growth that features regime-switching behavior and an error-correction mechanism (ECM). Regime changes are manifested in the behavior of a stochastic regime drift component that moves between expansionary and contractionary phases, thus generating cycles in...

A growing body of national-level survey evidence indicates that small-scale entrepreneurial activity has been an important engine of growth in post-socialist economies. Here we use a rich regional data set to obtain a statistical characterization of the relationship between entrepreneurial...