institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies …

constraints on productive entrepreneurship would require that the decline in level-two institutions, such as democracy and science …We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies …

This paper studies whether institutions matter for economic performance. For this aim, we first construct a simple … framework illustrating how to examine the interaction between institutions and economic performance from a different point of … interaction between institutions and economic performance in Turkey. Co-integration analysis finds a long-run relationship between …

explanations highlight, mainly, the roles of trade openness, political institutions, financial integration, financial development …

of institutions. These results are confirmed with both annual data and five year average data. …

, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial … unleashing technological change and through rituals, legal institutions, political economy, and conflict. Synthesizing a disjoint …