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This paper addresses the complex relationship between geography and macroeconomic growth. We investigate the ways in … which geography may matter directly for growth, controlling for economic policies and institutions, as well as the effects … of geography on policy choices and institutions. We find that location and climate have large effects on income levels …
Persistent link: https://www.econbiz.de/10012471963
There is controversy about whether geography matters mainly because of its contemporaneous impact on economic outcomes …
Persistent link: https://www.econbiz.de/10012463730
that geography's effects on development occurred exclusively through its effects on this historical institutional … in the natural resource base and physical geography (e.g. distance to coast), and by the amplification of those …, technology, and geography, and that none of these alone is sufficient to account for the diverse patterns of global growth. We …
Persistent link: https://www.econbiz.de/10012459151
The empirical literature on economic growth and development has moved from the study of proximate determinants to the analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on the measurement and estimation of the effects of...
Persistent link: https://www.econbiz.de/10012460529
This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that, in the course of the...
Persistent link: https://www.econbiz.de/10012461441
This paper assesses two theories regarding the historical determinants of international differences in financial development. The law and finance theory holds that legal traditions differ in terms of the priority they attach to protecting the rights of private investors vis-a-vis the State and...
Persistent link: https://www.econbiz.de/10012469624
Africa and Sweden to illustrate that inequality dynamics cannot be understood without embedding economic factors in the …
Persistent link: https://www.econbiz.de/10012457900
. Multinationals from the United States, Japan and Sweden have all increased their shares of LDC exports of manufactures since the mid …
Persistent link: https://www.econbiz.de/10012476574
Persistent link: https://www.econbiz.de/10000068130
"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...
Persistent link: https://www.econbiz.de/10010522996