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The Argentina Paradox: Microexplanations and Macropuzzles
Taylor, Alan M. - C.E.P.R. Discussion Papers - 2014
The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...
Persistent link: https://www.econbiz.de/10011083510
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Markets in China and Europe on the Eve of the Industrial Revolution
Keller, Wolfgang; Shiue, Carol Hua - C.E.P.R. Discussion Papers - 2004
Current orthodoxy suggests that the Industrial Revolution began in Europe because European institutions promoted …
Persistent link: https://www.econbiz.de/10005114184
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Institutions and Development: The Interaction Between Trade Regime and Political System
Falkinger, Josef; Grossmann, Volker - In: Journal of Economic Growth 10 (2005) 3, pp. 231-272
Persistent link: https://www.econbiz.de/10005716587
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The political economy of rural property rights and the persistence of the dual economy
Fergusson, Leopoldo - In: Journal of Development Economics 103 (2013) C, pp. 167-181
Rural areas often have more than one regime of property rights and production. Large, private-property farms owned by powerful landowners coexist with subsistence peasants who farm small plots with limited property rights. At the same time, there is broad consensus that individual,...
Persistent link: https://www.econbiz.de/10010679306
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Zero-Sum Thinking, the Evolution of Effort-Suppressing Beliefs, and Economic Development
Carvalho, Jean-Paul; Bergeron, Augustin; Henrich, Joseph; … - National Bureau of Economic Research - 2023
We study the evolution of belief systems that suppress productive effort. These include concerns about the envy of others, beliefs in the importance of luck for success, disdain for competitive effort, and traditional beliefs in witchcraft. We show that such demotivating beliefs can evolve when...
Persistent link: https://www.econbiz.de/10014372420
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The growing dependence of Britain on trade during the Industrial Revolution
Clark, Gregory; O'Rourke, Kevin Hjortshøj; Taylor, Alan M. - C.E.P.R. Discussion Papers - 2014
Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for … trade in explaining British living standards or growth rates. We construct a three-region model of the world in which … that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s. This …
Persistent link: https://www.econbiz.de/10011083876
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Made in America? The New World, the Old, and the Industrial Revolution
Clark, Gregory; O'Rourke, Kevin Hjortshøj; Taylor, Alan M. - C.E.P.R. Discussion Papers - 2008
supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations … have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was …
Persistent link: https://www.econbiz.de/10005497925
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Economic Backwardness in Political Perspective
Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 2002
We construct a simple model where political elites may block technological and institutional development, because of a ‘political replacement effect.’ Innovations often erode elites’ incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political...
Persistent link: https://www.econbiz.de/10005124137
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Is democracy good for growth? : development at political transition time matters
Sima, Di; Huang, Fali - In: European journal of political economy 78 (2023), pp. 1-20
Persistent link: https://www.econbiz.de/10014457377
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Political regime types and economic development in Nigeria : significance of conflict and corruption
Okunlola, Olalekan Charles - In: Journal of interdisciplinary economics 31 (2019) 2, pp. 183-216
Persistent link: https://www.econbiz.de/10011999441