Showing 1 - 10 of 12
-2000 period. Our main conclusion is that race, rather than political institutions and education policies, is the main force …
Persistent link: https://www.econbiz.de/10009321839
Ferguson and Schularick (2006) recently provided a measure of the effect of Empire subjection on borrowing countries’ interest rates. They find this effect to be large and significant, ranging between 80 to 180 basis points. We argue that their methodology is inadequate and that their...
Persistent link: https://www.econbiz.de/10005666472
We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of … institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects …
Persistent link: https://www.econbiz.de/10005667122
Do foreign educated individuals play a role in promoting democracy in their home country? Despite the large amount of private and public resources spent on foreign education, there is no systematic evidence that foreign educated individuals foster democracy in their home countries. Using a...
Persistent link: https://www.econbiz.de/10005791894
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
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10008680759
-specific pre-colonial institutions in shaping comparative regional development in Africa. We utilize information on the spatial … different country-level institutions, offers a regression discontinuity framework. After identifying the partitioned ethnicities … we document a positive cross-sectional association between national institutions and regional economic development …
Persistent link: https://www.econbiz.de/10008683528
We investigate the role of national institutions on regional development in a novel framework. We exploit the fact that … institutions. Using both a matching-type and a regression discontinuity approach we show that differences in countrywide … correlation between formal national institutions and economic development has to be carefully interpreted. …
Persistent link: https://www.econbiz.de/10011084103
We examine the link between pre-colonial statehood and contemporary regional African development, as reflected in satellite images on light density at night. We employ a variety of historical maps to capture the former. Our within-country analysis reveals a strong positive correlation between...
Persistent link: https://www.econbiz.de/10011084301
, where due to population mixing and the salience of national institutions ethnic traits play a lesser role. Overall, our …
Persistent link: https://www.econbiz.de/10011084579