Entrepreneurship contributes importantly to the economy. However, differences in the quality
and quantity of entrepreneurship vary significantly across developing and developed …

Baumol's [Baumol, WJ, 1990. Entrepreneurship: productive, unproductive and destructive.
Journal of Political Economy 98 (5), 893–921] theory of productive and unproductive …

This survey focuses on the efforts, carried out mainly by public choice scholars, to measure
the social cost of rent seeking. The concept, introduced by Gordon Tullock in 1967 and …

Conventional wisdom is that lobbying is the preferred mean for exerting political influence in
rich countries and corruption the preferred one in poor countries. Analyses of their joint …

Theoretically, this article draws on political agency theory to formulate hypotheses.
Empirically, it shows that political institutions have a role in explaining the prevalence of …

The negative effects of corruption at the macro level are well-documented. Corruption
reduces economic growth, lowers investment, and erodes trust in government officials …

The growth of an economy depends upon entrepreneurial activities leading to the formation
of new businesses and the production of new goods and services. In turn, institutions …

Numerous studies have found that income inequality reduces the chances of upward
relative mobility (ie, climbing up the income ladder). However, most of this work ignores the …

The financial bailouts of 2008 were but one example in a long list of privileges that
governments occasionally bestow upon particular firms or particular industries. At various …

Recent literatures on entrepreneurship and economic growth estimate the empirical
relationships between the following pairs of variables:(1) institutions and entrepreneurial …