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Should countries or regions (generically, "states") invest more in education to promote economic growth? Policy makers often assert that if their state spends more on educating its population, growth...
In this paper, we aim to document some early effects of how mobile devices might change Internet and retail commerce. We present three main findings based on an analysis of eBay’s mobile shopp...
Is decentralization beneÖcial to Örm performance in ìbad timesî? We present a model where negative demand shocks increase the importance of rapid action, and improve the alignment of in...
In a general equilibrium product-cycle model, lower trade barriers increase Southern purchasing power, which lifts long-run growth by increasing the profit from innovation. In the short run, factors o...
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in te...
A growing body of evidence suggests that uncertainty is counter cyclical, rising sharply in recessions and falling in booms. But what is the causal relationship between uncertainty and growth? To iden...
Economy-wide increasing returns to scale embodied in a general purpose technology (GPT) and its applications are often a key source of long-run growth. Yet the successful exploitation of increasing re...
I use panel data to examine the effect of fiscal decentralization over time within countries, attempting to distinguish between decentralization that is funded by intergovernmental transfers a...
This article provides a longitudinal case study of the use of acquisitions by the Anglo-Dutch multinational Unilever to build the world's largest ice cream and tea businesses. The study supports recen...
Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of...
We examine the link between corporations and community by showing how corporate density interacts with the local social and cultural infrastructure to affect the growth and decline of the number of lo...
This presentation draws on ideas from Professor Porter's articles and books, in particular, The Competitive Advantage of Nations (The Free Press, 1990), "Building the Microeconomic Foundations of Comp...
Prof. Christian Ketels - Institute for Strategy and Competitiveness, Harvard Business School and Center for Strategy and Competitiveness, Stockholm School of Economics.

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