Showing 1 - 10 of 1,599
economic development, notably institutions and geography. This paper sheds a different light on these determinants. We use … spatial econometrics to analyse the importance of the geography of institutions. We show that it is not only absolute … geography, in terms of for instance climate, but also relative geography, the spatial linkages between countries, that matters …
Persistent link: https://www.econbiz.de/10013317516
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/10013105134
paper provides a theory of why the “latitude gradient” seemingly changed sign in the course of the last half millennium. In … economic development during pre-industrial times, yet allow for an early onset of sustained growth. As a result, the theory …
Persistent link: https://www.econbiz.de/10012927736
There is a well-known debate about the roles of geography versus institutions in explaining the long-term development … Robinson (2001) was to address this last point by using settler mortality as an instrument for geography-induced endogenous … mechanisms from geography via institutions to economic development outcomes. In particular, we examine the determinants of …
Persistent link: https://www.econbiz.de/10013316552
We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy sources. As a result, renewable sources twice as dense,...
Persistent link: https://www.econbiz.de/10013315804
study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …
Persistent link: https://www.econbiz.de/10013315648
Social preference research has fundamentally changed the way economists think about many important economic and social phenomena. However, the empirical foundation of social preferences is largely based on laboratory experiments with self-selected students as participants. This is potentially...
Persistent link: https://www.econbiz.de/10013316160
Lionel Robbins contributions are often discussed in terms of two main aspects. First, the delineation of the scope of economics in terms of decision making conditional on scarcity. Second, a more methodological concern with respect to scientific neutrality and the possibility of meaningful...
Persistent link: https://www.econbiz.de/10013316653
To discuss experimental results without discussing how they came about makes sense when the results are robust to the way experiments are conducted. Experimental results, however, are – arguably more often than not – sensitive to numerous design and implementation characteristics such as the...
Persistent link: https://www.econbiz.de/10013149365
We review and interpret the main theoretical developments in the gravity literature from its very early, a-theoretical applications to the latest structural contributions. We also discuss challenges and implement methods to estimate empirical gravity equations. We finish with a presentation and...
Persistent link: https://www.econbiz.de/10012960473