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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
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
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