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Analyses of municipal GDP growth in Rio Grande do Norte in the Northeast of Brazil during 1970-96 reveal that the cross-section dispersion of per capita income increased over time. The authors reveal that although the analysis indicates some spatial dependence in income, it is small and has a downward trend, indicating that the growth path is only weakly determined by geographical links in Rio Grande do Norte.

The author reviews how three pillars of political economy collective action, institutions, and political market imperfections help us answer the question: Why do some countries develop and others do not? The study of political market imperfections strongly suggests that the lack of credibility of pre-electoral political promises and incomplete voter information are especially robust in explaining development outcomes.

The index is an integrated and overall benchmark of the knowledge capacity, capability and sustainability of 125 regions across the globe, and the extent to which this knowledge is translated into economic value, and transferred into the wealth of the citizens of these regions, utilizing 19 knowledge economy benchmarks, including employment levels in the knowledge economy, patent registrations, R&D investment by the private and public sector, education expenditure, information and communication technology infrastructure, and access to private equity.

According to the authors, the Creative Economy’s innovations in products and services are the leading edge of growth in the Maine economy. Both the arts and culture and technology sectors play key roles in this innovative process, although their roles are somewhat different. The report analyzes these roles and offers recommendations.

The System Dynamics methodology is used in the article as unifying approach in order to show how a number of theories about the performance of territories developed in the past 20 years can integrate the one with the other; to demonstrate this, a model of local economy coherent with these schools is constructed and simulated.

Findings from the study indicate that natural resource abundance decreases investment, schooling, openness, and R&D expenditure and increases corruption. The authors show that these effects can fully explain the negative effect of natural resource abundance on growth.

The authors analyze the impact of new business formation on regional employment change and identified considerable time lags. Results indicate that the indirect effects of new business formation are of greater magnitude than the direct effect, i.e. the jobs that are created in the new entities.

The paper examines the relationship between firm births and job creation in Great Britain. The authors find, for Great Britain as a whole, no significant
relationship between startups and employment creation in the 1980s, but a negative relationship for the low enterprise area of the North East of England.

The paper examines the relationship between business dynamics (entry and exit of firms) and employment growth at the country-industry level. The authors find positive employment effects of net-entry rates, both for manufacturing industries and for services industries.

Using data from central and Eastern Europe, the authors investigate the impact of alternative methods of privatization on economic growth. The analysis suggests that the use of conventional privatization methods to match owners with firms can be inefficient in economies with underdeveloped capital markets, particularly if wealth is poorly correlated with managerial and entrepreneurial ability.