Showing 1 - 3 of 3
This research tests the long-standing hypothesis put forth by Lynn White, Jr. (1962) that the adoption of the heavy plough in Northern Europe was an important cause of economic development. White argued that it was impossible to take proper advantage of the fertile clay soils of Northern Europe...
Persistent link: https://www.econbiz.de/10011115688
This research evaluates the impact of the introduction of clover and potatoes on urbanization using a panel of Danish market towns from 1672 to 1901. We find evidence that both clover and potatoes contributed to urbanization using a difference-in-difference type estimation strategy which...
Persistent link: https://www.econbiz.de/10011115690
Communal responsibility, a medieval institution studied by Greif (2006), supported the use of credit among European merchants in the absence of modern enforcement technologies. This paper shows how this mechanism helps to overcome enforcement problems in anonymous buyer/seller transactions. In a...
Persistent link: https://www.econbiz.de/10009415631