, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … very important—but specific—function in the economy. They engender relatively much employment creation, productivity growth … studies show that entrepreneurial firms produce important spillovers that affect regional employment growth rates of all …

positively affected Latin American economic growth in this period, while the determinants traditionally put forward in the … empirical growth literature, such as technical change and openness, did not. Finally, the positive correlation between the …

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 hinder growth. This paper generates estimates of the net …

relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that … terms of a rule of law. On the other hand do democracies not simply arise as consequence of economic development, but …

The Chilean development story of the last two to three decades is a mix of successes in the macro, growth, poverty and … trade fronts but also of failure in reducing chronic inequality of income and wealth. In addition, the current growth … development model include urban insecurity and rising crime, pollution, pressure on natural resources, congestion and social …

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 …

We construct an endogenous growth model that includes a cultural variable along the dimension of individualism … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

This paper examines growth successes and failures across countries and notes the latter’s perplexing predominance among … investigation that brings forth evidence on the importance of natural resource endowment type on growth or, more appropriately, lack … growth than a resource endowment that is agricultural. The robustness of this result is tested across a number of growth …