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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/10013122467
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/10013105459
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 …
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There is controversy about whether geography matters mainly because of its contemporaneous impact on economic outcomes …
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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/10013238940