This paper analyzes the relationship between economic growth and research funding. The econometric analysis show that gross domestic expenditure on R&D (GERD) as percentage of GDP is a important driver of economic growth (R2 adj = 71%) that is measured by GDP per capita. The optimization shows...

The United States provides a unique laboratory for understanding how the cultural, institutional, and human capital endowments of immigrant groups shape economic outcomes. In this paper, we use census micro-samples to reconstruct the country-of-ancestry composition of the population of U.S....

One commonly held view about the difference between continental European countries and other OECD economies, especially the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in several sectors of many OECD countries, we provide...