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Leader Value Added : Assessing the Growth Contribution of Individual National Leaders (Inglês)

Previous literature suggests that leaders matter for growth in general. This paper asks which leaders matter and develops a methodology to estimate the growth contribution of individual leaders and calculate its precision. The findings show that few leaders have statistically significant contributions; it is difficult to know who is good for growth and who is not. The paper also finds that the most intuitive estimate of a leader's contribution --...
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