entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … other natural resources determines structural change and economic development. A more equal distribution of natural … earned in the primary goods sector. Second, by shifting the distribution of political power from resource owners towards the …

This paper argues that openness to goods trade in combination with an unequal distribution of political power has been …

Although social institutions permeate the world in which we live, they are all but absent from our analyses of economic … institutions for growth and development. …

institutions, and are robust to the use of alternative data and estimation techniques. …

sociopolitical institutions because they (a) involve a strong degree of increasing returns to scale and the natural monopoly powers …

This paper emphasizes that the evolution of religious institutions in Europe was influenced by the expansionary threat …

We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level, idiosyncratic risk implies that distinct risk-sharing institutions – even those providing the same level of insurance – can lead to … different growth trajectories if they differently motivate risk-taking. Historically, risk sharing institutions were selected …

why different groups or societies develop different attitudes towards human capital formation, entrepreneurship, and …

entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights … from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between … entrepreneurship and development; and (iii) fresh insights for entrepreneurship policy for development that emerges from recent …