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we show that differences in biogeographic initial conditions and in geography largely account for the different timings … nations today. The effects of biogeography and geography on the wealth of nations are partly mediated by the quality of …
Persistent link: https://www.econbiz.de/10005771214
How much does a nation spend on resources to 'grease the wheels of trade'? To examine this question the Dutch economy is used as an exemplary case as the Netherlands are known as a nation of traders. This image was derived in the seventeenth century from successes in long distance trade,...
Persistent link: https://www.econbiz.de/10005137246
In this comment on AJR (2001), we argue that a bundling of all former colonies into one ‘colonial’ theory of comparative development is problematic for several reasons. During the mercantilist wave of mainly Latin American colonization between 1500-1830, strong capitalist institutions were...
Persistent link: https://www.econbiz.de/10005423917
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10005144476
In recent years, empirical investigations have shown that various aspects of physical geography are closely related to … understanding for this type of regularities, this article reviews the growing empirical literature on geography and institutions, as … well as a large body of older and newer theoretical works on the social impacts of geography. It is argued that the most …
Persistent link: https://www.econbiz.de/10005190941