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or younger. In contrast, surviving Indian plants exhibit little growth in terms of either employment or output. Mexico is … aggregate manufacturing productivity on the order of 25% in India and Mexico relative to the U.S …
Persistent link: https://www.econbiz.de/10013066002
While most contemporary historians agree that the use of debt peonage as a coercive labor contract in Mexico was not … watch property rights were reallocated through land laws, and Mexico's economy became much more closely tied to the United …
Persistent link: https://www.econbiz.de/10012772383
investment less attractive, averse trends in technology and productivity growth, and a decline in the relative price of … investment goods. A long view from economic history is most supportive of the last of these four views …
Persistent link: https://www.econbiz.de/10013030614
This paper provides the first quantitative assessment of Jamaican standards of living and income inequality around 1774. To this purpose we compute welfare ratios for a range of occupations and build a social table. We find that the slave colony had extremely high living costs, which rose...
Persistent link: https://www.econbiz.de/10012946034
This paper introduces a new measure of residential segregation based on individual-level data. We exploit complete census manuscript files to derive a measure of segregation based upon the racial similarity of next-door neighbors. Our measure allows us to analyze segregation consistently and...
Persistent link: https://www.econbiz.de/10013028560
Most analysts of the modern Latin American economy have held the pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, and that it's the Iberian colonists' fault. Thus, modern analysts see today a more unequal Latin America...
Persistent link: https://www.econbiz.de/10013029021
The rise of civilizations involved the dual emergence of economies that could produce surplus (“prosperity”) and states that could protect surplus (“security”). But the joint achievement of security and prosperity had to escape a paradox: prosperity attracts predation, and higher...
Persistent link: https://www.econbiz.de/10013009442
We study the emergence of urban self-governance during the Commercial Revolution in the 12th- 13th century and show that municipal autonomy shaped national institutions over the subsequent centuries. We focus on England after the Norman Conquest of 1066 and build a novel comprehensive dataset of...
Persistent link: https://www.econbiz.de/10012951352
We study the link between fiscal austerity and Nazi electoral success. Voting data from a thousand districts and a hundred cities for four elections between 1930 and 1933 shows that areas more affected by austerity (spending cuts and tax increases) had relatively higher vote shares for the Nazi...
Persistent link: https://www.econbiz.de/10012941600
clustering in production or new investment. They have offered three possible reasons for this link: because invention occurs as a … result of learning by doing; because new investment encourages experimentation with novel techniques; and because there are …
Persistent link: https://www.econbiz.de/10013237558