Entrepreneurs, Local Amenities and Growth: A research proposal. Rodrigo Wagner December 1 st , 2008. (De)motivating evidence about negative “growth”. One out of five countries had their peak GDP per capita before 1985. Below the historical peak….
December 1st , 2008
Y = A f(k,h)
2) Entrepreneurs exit the country (or the area):
V(stay local, w) < V(live in “Miami”, w - Cost of moving)
3) Conflict stops, but “coordinators” are not there…
(article in EL PAIS)