The rise and decline of nations throughout history continuously puzzles economists. Experience shows that successful economic performance is a very complex process, the scope of which goes well beyond the simplified neoclassical approach to growth. Business environment is a key determinant of...

The aim of this article is to present empirical estimates about the impact of human capital on labor productivity growth in the case of Slovenia. Instead the conventional methodology the methodology principally aimed at estimating the real convergence of labor productivity was used. The basic...