Auray, Stéphane; Eyquem, Aurélien; Jouneau-Sion, … - Département d'économique, Faculté d'administration - 2010
Evidence from English real wages and real land rents for the period 1500-1800 are used to evaluate the impact of temperature and precipitations on under-developed economies. Estimating key parameters of an AK-growth model, we extract Total Factor Productivity (TFP hereafter) shocks and estimate...