this process. This paper aims to shed some light on the relation between entrepreneurship and growth by arguing that … entrepreneurial activity relates to growth via reallocation of factors across sectors. While the importance of entrepreneurship for … the reallocation of factors is widely acknowledged, and economic growth may be accelerated by structural change, there is …

homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth … equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward …

Using detailed establishment-level micro data, this paper analyzes the quantitative implications of the missing-growth … hypothesis by Aghion, Bergeaud, Boppart, Klenow, and Li (2019) for Germany. This hypothesis states that actual growth rates of … real output are systematically understated by official estimates, such that a part of real growth is missing in the …

spatial patterns of growth. . Features of such a change know many facets: fierce competition for skilled, mobile and motivated …