Voigtländer, Nico; Voth, Joachim - Department of Economics and Business, Universitat … - 2013
Today, per capita income differences around the globe are large – varying by as much as a factor of 35 across countries (Hall and Jones 1999). These differentials mostly reflect the "Great Divergence" (Sam Huntingon) – the fact that Western Europe and former European colonies grew rapidly...