Given the lack of empirical consensus on the relationship between formal market-oriented institution and entrepreneurial activity, our research aimed to explore the relationship between formal entrepreneurship and overall ...

In recent decades, in addition to variables such as capital, labor and technology, the impact of nations on the level of per capita output of countries has been considered. In this way, the main objective of this work ...

This work studies the relation between economic freedom of countries, measured of the government interventionism level, and thy growth and economic development. Through the analysis of this relation it is tried to ...

T.W. Schultz (1975) proposed that returns to human capital were highest in economic environments where technology, price or production shocks were common and managerial skills to adapt resource allocations to those shocks ...

This paper aims to measure how economic freedom impacts poverty and inequality. To achieve this goal, the Economic Freedom World Index, published by the Fraser Institute, was used as a way to measure economic freedom, the ...

This paper presents evidence that legal protection of property rights is indeed an important contributor to economic success but that institutional and legal protection of the rights of labor is also associated with ...