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Demirguc-Kunt, Asli; Levine, Ross; Beck, Thorsten - National Bureau of Economic Research (NBER) - 2005

This paper explores the relationship between the relative size of the Small and Medium Enterprise (SME) sector, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force. Using a sample of 45 countries, we find a strong,...

Persistent link: https://www.econbiz.de/10005830798

The European Origins of Economic Development

Easterly, William; Levine, Ross - National Bureau of Economic Research (NBER) - 2012

Although a large literature argues that European settlement outside of Europe shaped institutional, educational, technological, cultural, and economic outcomes, researchers have been unable to directly assess these predictions because of an absence of data on colonial European settlement. In...

Persistent link: https://www.econbiz.de/10010821800

Finance, Firm Size, and Growth

Demirguc-Kunt, Asli; Laeven, Luc; Levine, Ross; Beck, … - National Bureau of Economic Research (NBER) - 2004

This paper examines whether financial development boosts the growth of small firms more than large firms and hence provides information on the mechanisms through which financial development fosters aggregate economic growth. We define an industry's technological firm size as the firm size...

Persistent link: https://www.econbiz.de/10005084876

Financial Innovation and Endogenous Growth

Laeven, Luc; Levine, Ross; Michalopoulos, Stelios - National Bureau of Economic Research (NBER) - 2009

Is financial innovation necessary for sustaining economic growth? To address this question, we build a Schumpeterian … innovation: they can invent better methods for screening entrepreneurs. Second, every screening process becomes less effective as … technology advances. The model predicts that technological innovation and economic growth eventually stop unless financiers …

Persistent link: https://www.econbiz.de/10005089132

Tropics, Germs, and Crops: How Endowments Influence Economic Development

Easterly, William; Levine, Ross - National Bureau of Economic Research (NBER) - 2002

Does economic development depend on geographic endowments like temperate instead of tropical location, the ecological conditions shaping diseases, or an environment good for grains or certain cash crops? Or do these endowments of tropics, germs, and crops affect economic development only through...

Persistent link: https://www.econbiz.de/10005049894