New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that constitutes a commercial opportunity. Acs, Audretsch,...

This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries, virtual countries and ethnic groups, exhibit highly unequal regional agricultural endowments. Second, Muslim adherence is systematically larger along the pre-Islamic trade...

This paper analyses the relationship between household cost of living and wages in the Brazilian metropolitan regions. The country's economic growth in the last decade contributed significantly to structural economic changes at the regional level, in terms of employment, population growth and...

Unskilled labor is the abundant resource in many developing countries, especially at an early stage of their development. Yet, even as at given technologies labor markets have not cleared, neo-classical economists have rejected the notion of an institutional or bargaining wage not based on...

Over the past several decades, significant efforts have been made to regulate the use of resource and pollution in most industrialized countries, and the stringency of pollution regulations has continued to increase globally. At the same time, physical and social infrastructures are influenced...

This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries, virtual countries and ethnic groups, exhibit highly unequal regional agricultural endowments. Second, Muslim adherence is systematically larger along the pre-Islamic trade...

In this essay - Social Capital and Poverty Reduction Strategies: The Case of Rural India, Claudio Cecchi, Luca Molinas and Fabio Sabatini discuss the role of social capital as a policy tool against poverty and inequality in the development strategies enhanced by international agencies in rural...

Although the term globalization still awaits a globally agreed definition, it is commonly used in different walks of life like academia, politics, media and policy makers etc. It may be termed ‘all for good and good for all', or exactly opposite ‘all for sin and sin for all', reality reckons...

To test the conventional wisdom that Afghanistan's lack of development was due to ethnic diversity, institutions or conflict, I examine potential determinants of the urbanization rate and urbanization growth over the past few decades. Specifically, this paper examines new provincial data on...