A large literature has found positive associations between economic freedom and income,
growth, and a variety of other desirable outcomes. This paper surveys the literature that …

There is increasing realization that state capacity is a fundamental ingredient for effective
governance, and is a crucial element of long‐run economic development. This paper offers …

What is the interrelationship among formal institutions, social networks, and new venture
growth? Drawing on the theory of institutional polycentrism and social network theory, we …

The economics of growth has shown that countries grow by better allocating whatever
resources are at their disposal and by introducing productivity‐enhancing innovations …

Property rights are one of the most fundamental and highly robust institutions supporting
economic performance. However, the channels through which property rights are achieved …

The paper uses concepts of the conditional and unconditional β-convergence in order to
answer the question of whether there is a convergence in the institutional quality of the …

We report evidence that trust is the missing root relating education, institutions, and
economic development. We observe that more trust both increases education and improves …

If and how economic freedom is associated with environmental damage remains an open
question. In this paper, I therefore combine data on greenhouse gas emissions and GDP per …

With primary and secondary data on 658 firms from 17 countries across three continents, we
examine the combined influence of country-level institutions on industry attributes and in …

Abstract The United Nations have announced 17 Sustainable Development Goals and 169
targets, which are indivisible and integrated, and which balance the economic, social, and …