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Physical capital estimates for China's provinces, 1952-2015 and beyond

Holz, Carsten A.; Yue, Sun - 2017

Capital estimates are widely used in economic growth and productivity studies, for profitability considerations and wealth accounting exercises. Yet the calculation of "capital" frequently receives only cursory attention, despite the challenges posed by conceptual difficulties, the complexity of...

Persistent link: https://www.econbiz.de/10011653808

Income inequality, capitalism and ethno-linguistic fractionalization

Sturm, Jan-Egbert; Haan, Jakob de - 2015 - Version 24 December 2014

We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted … economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our …

Persistent link: https://www.econbiz.de/10010474859

Pandemics, places, and populations : evidence from the Black Death

Jedwab, Remi; Johnson, Noel D.; Koyama, Mark - 2019

The Black Death killed 40% of Europe's population between 1347-1352, making it one of the largest shocks in the history of mankind. Despite its historical importance, little is known about its spatial effects and the effects of pandemics more generally. Using a novel dataset that provides...

Persistent link: https://www.econbiz.de/10011977143

Running the U.S. economy at full throttle is a stressful variant of capitalism

Komlos, John - 2022

Maximizing output without taking into consideration the negative externalities generated, including the harm to the mental and physical health of the population creates psychological stress. Focusing on the bellwether indicators of economic performance including working more, generating income,...

Persistent link: https://www.econbiz.de/10013383434

The rise of capitalism and the roots of Anti-American terrorism

Krieger, Tim; Meierieks, Daniel - 2014

This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 …, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …

Persistent link: https://www.econbiz.de/10010375158

Power and values : the gap between capitalist mindsets and capitalism

Amegashie, J. Atsu - 2025

According to the economics Nobel laureate, Kenneth Arrow, "… capitalism is a flawed system. It probably has the same … virtues as Churchill attributed to democracy: It’s the worst system except for any other." Thus, capitalism is a necessary … different types of capitalism and, as a result, different socio-economic outcomes. I discuss the relationship between capitalism …

Persistent link: https://www.econbiz.de/10015462546

What's in a name? : initial geography and German urban development

Nguyen, Duc A.; Brakman, Steven; Garretsen, Harry; … - 2023

Place names, or toponyms, provide insight into the initial geographical characteristics of settlements. We present a unique dataset of 3,705 German toponyms that includes the date of the first historical record mentioning the settlement and the date it was granted city rights. We show that the...

Persistent link: https://www.econbiz.de/10014281491

The political economy of the Prussian three-class franchise

Becker, Sascha O.; Hornung, Erik - 2019

Did the Prussian three-class franchise, which politically over-represented the economic elite, affect policy-making? Combining MP-level political orientation, derived from all roll call votes in the Prussian parliament (1867-1903), with constituency characteristics, we analyze how local vote...

Persistent link: https://www.econbiz.de/10012065064

Railways and the productivity gap in Italy : persistence and divergence after unification

Pontarollo, Nicola; Ricciuti, Roberto - 2015

The political unification of Italy in 1861 led to the establishment of a single market, by removing the trade barriers across the pre-existing states, with a single currency. Market integration was the economic outcome of this process. At the same time, the Kingdom of Italy started a large...

Persistent link: https://www.econbiz.de/10011295798

Urbanization and growth : why did the splendor of the Italian cities in the sixteenth century not lead to transition?

Chiarini, Bruno; Marzano, Elisabetta - 2014

In this paper we investigate the relation between population, wages and urban population in the Italian economy. During the period examined, 1320 - 1870, the prevailing conditions were those of a poor, mainly agricultural economy with limited human capital and rudimentary technology. However,...

Persistent link: https://www.econbiz.de/10010424891