Showing 1 - 10 of 11
In recent years, there has been an increasing focus by policymakers on rural infrastructure in the United States, including most recently tax credits to encourage investment. Previous work has documented the importance of railroad expansion for nineteenth century development, and demonstrated...
Persistent link: https://www.econbiz.de/10014155467
We argue for a new approach to examining the relationship between tariffs and growth. We demonstrate that more can be learned from time series analyses of the experience of individual countries rather than the usual panel data approach, which imposes a causal relation and presents an average...
Persistent link: https://www.econbiz.de/10010818951
In this paper we argue that the answer is yes. Our optimism rests on the finding that differences in the level of institutional quality predict cross-country variation in African economic growth during the period 1995-2011. This finding is quite robust. It holds in OLS, LAD and 2SLS settings; it...
Persistent link: https://www.econbiz.de/10010818964
We provide an estimate of China’s impact on the growth rate of resource-rich countries after its WTO accession on 11 December 2001. Our empirical approach follows the logic of the differences-in-differences estimator. In addition to temporal variation arising from the WTO accession, which we...
Persistent link: https://www.econbiz.de/10010697289
This paper estimates the effect of institutions on economic growth in Sub-Saharan Africa over the period 1995-2007. We follow Henderson, Storeygard, and Weil (American Economic Review 102(2): 994-1028, 2012) in combining Penn World Tables GDP data with satellite-based data on nightlights in...
Persistent link: https://www.econbiz.de/10010627867
This research tests the long-standing hypothesis, put forth by Lynn White, Jr. (1962), that the adoption of the heavy plough in northern Europe led to increased population density and urbanization. White argued that it was impossible to take proper advantage of the fertile clay soils of northern...
Persistent link: https://www.econbiz.de/10010720136
This paper tests the hypothesis that the extension of the voting franchise was caused by the threat of revolution, as suggested by Acemoglu and Robinson (2000). We approximate the threat of revolution in a given country by revolutionary events happening in neighboring countries. We investigate...
Persistent link: https://www.econbiz.de/10009149970
Is a lack of domestic energy resources necessarily a limiting factor to growth, as suggested for example by the work of Robert C. Allen? We examine the case of Denmark - a country which historically had next to no domestic energy resources - for which we present new historical energy accounts...
Persistent link: https://www.econbiz.de/10010818954
We investigate the costs of transportation regulation using the example of agricultural markets in the United States. Using a large database of prices by state of agricultural commodities, we find that dispersion fell for many commodities until the First World War. We demonstrate that this...
Persistent link: https://www.econbiz.de/10010818959
We hypothesize that cultural appreciation of hard work and thrift, the "Protestant ethic" according to Max Weber, had a pre-Reformation origin. The proximate source of these values was, according to the proposed theory, the Catholic Order of Cistercians. In support, we document that the...
Persistent link: https://www.econbiz.de/10010818962