This paper focuses on the source of path dependency in institutions. Within a bargaining theory of reform, the domain of bargaining and number of bargains reached determine the path of institutional change. The French and British governments negotiated with their various African independence...

Several studies link modern economic performance to institutions transplanted by European colonizers and here we extend this line of research to Asia. Japan imposed its system of well-defined property rights in land on some of its Asian colonies, including Korea, Taiwan and Palau. In 1939 Japan...

Factors related to geography such as climate, natural resources or waterways often affect human activities. However, traditional approaches such as ordinary least squares (OLS) have limitations in investigating such patterns. Unlike OLS regression, geographically weighted regression (GWR) allows...