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We study the implications of two historical institutions, direct British rule, and the heterogeneous land tenure institutions implemented by the British, on disparity in present day development using district level data from India. Using nightlights per capita as a proxy for district level per...
Persistent link: https://www.econbiz.de/10012508730
. -- growth ; institutions ; geography ; comparative development ; colonialism …
Persistent link: https://www.econbiz.de/10009571204
Persistent link: https://www.econbiz.de/10003364649
The real exchange rate - real interest rate (RERI) relationship is central to most open economy macroeconomic models. However, empirical support for the relationship, especially when cointegrationbased methods are used, is rather weak. In this paper we reinvestigate the RERI relationship using...
Persistent link: https://www.econbiz.de/10011506475
growth, the Second Industrial Revolution (1870-1914) in France. In this period, technology became skill-intensive, leading to …
Persistent link: https://www.econbiz.de/10012039060
How did Britain sustain faster rates of economic growth than comparable European countries, such as France, during the … innovation network using patent data from Britain and France in the late-18th and early-19th century. We show that the network … quantify the implications for technology growth rates in Britain compared to France. Our results indicate that the shape of the …
Persistent link: https://www.econbiz.de/10015051728
This study investigates the economic impact of China's "stadium diplomacy" in Sub-Saharan Africa. Exploiting the staggered timing of the construction in a difference-in-differences framework, we analyze the effect of Chinese-built and financed stadiums on local economic development. Employing...
Persistent link: https://www.econbiz.de/10014456170
Economic development of a remote, mountainous region is a challenge for any country. This paper examines how this development challenge has been addressed in a high-altitude backward region of the People's Republic of China. Is this region increasingly being left behind or has it entered a...
Persistent link: https://www.econbiz.de/10012165995
Persistent link: https://www.econbiz.de/10003599281
This paper looks at whether immigration can mitigate the Dutch disease effects associated with booms in natural resource sectors. We first derive predicted changes in the size of the non-tradable sector from a small general-equilibrium model à la Obstfeld-Rogoff, supplemented by a resource...
Persistent link: https://www.econbiz.de/10009535097