The Theory of the Growth of the Firm proposed a process theory of growth based on the pursuit of knowledge and unconstrained by government, hence applicable only to an economy where the corporation is the dominant form of industrial organization. In her subsequent studies of foreign direct...

Russia has weathered the global crisis better than initially feared, in part due to its large stimulus package, and is now likely to witness a robust but relatively jobless recovery. But the crisis has emphasized the country's long-standing needs to modernize its public sector, strengthen its...

The purpose of this paper is to investigate the nature of water use a drought-inflicted region of Darfur. Economic development in Darfur is constrained due to the occurrence of intermittent droughts, desertification and water scarcity. The aim of this research therefore, was to develop an...

We examine how fiscal rules influence economic growth. The results show that constitutional fiscal rules promoted growth from the Industrial Revolution until World War II (1789-1950) and also increased modern economic growth (1985-2015). To address selection on unobservables, we conduct a...

This paper presents a neoclassical-growth model in which long-run growth is driven by the continuous specialization of capital. The specialization of capital is the allocation of capital into sets of specialized capital and the coordination required for different individuals to use the same set...

The 2020 global pandemic abruptly brought into question many of our social, economic and political institutions. COVID-19 is more than a public health crisis—as economies and states falter there are deep questions about the resilience and robustness of our political and economic systems. Are...

This research examines theoretically and empirically the economic origins of ethnolinguistic diversity. The empirical analysis constructs detailed data on the distribution of land quality and elevation across contiguous regions, virtual and real countries, and shows that variation in elevation...

This paper presents a survey of the literature on property rights and economic growth. It discusses different theoretical mechanisms that relate property rights to economic development. Lack of protection of property rights can result in slow economic growth through different channels:...

Capturing amp; Leveraging Content Centric KPI's With Technology is a discussion of leveraging technology to enable an effective strategy for implementing, leveraging and executing upon dynamic Key Performance Indicators

The essay is based on the knowledge that institutional quality may influence economic performance. From this viewpoint, it is possible to demonstrate that under certain circumstances, governmental policy is able to increase economic efficiency and performance by creating, maintaining, and...