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How Deep are the Roots of Economic Development?
Spolaore, Enrico - 2012
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
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Agricultural Diversity, Structural Change and Long-Run Development : Evidence from the U.S
Fiszbein, Martin - 2017
This paper examines the role of agricultural diversity in the process of development. Using data from U.S. counties and exploiting climate-induced variation in agricultural production patterns, I show that mid-19th century agricultural diversity had positive long-run effects on population...
Persistent link: https://www.econbiz.de/10012962188
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National Institutions and Subnational Development in Africa
Michalopoulos, Stelios; Papaioannou, Elias - 2021
We investigate the role of national institutions on subnational African development in a novel framework that accounts both for local geography and cultural-genetic traits. We exploit the fact that the political boundaries in the eve of African independence partitioned more than two hundred...
Persistent link: https://www.econbiz.de/10013224396
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Young, Restless and Creative : Openness to Disruption and Creative Innovations
Acemoglu, Daron - 2015
This paper argues that openness to new, unconventional and disruptive ideas has a first-order impact on creative innovations-innovations that break new ground in terms of knowledge creation. After presenting a motivating model focusing on the choice between incremental and radical innovation,...
Persistent link: https://www.econbiz.de/10013034169
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Culture, Institutions and the Wealth of Nations
Gorodnichenko, Yuriy - 2014
innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal … collectivism, in line with recent advances in biology and neuro-science. The effect of culture on long-run growth remains very …
Persistent link: https://www.econbiz.de/10013069257
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Agriculture, Roads, and Economic Development in Uganda
Gollin, Douglas - 2014
A large fraction of Uganda's population continues to earn a living from quasi-subsistence agriculture. This paper uses …-subsistence agriculture is highly sensitive both to agricultural productivity levels and to transportation costs. The model also suggests …
Persistent link: https://www.econbiz.de/10013070062
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Did Inequality in Farm Sizes Lead to Suppression of Banking and Credit in the Late Nineteenth Century?
Jaremski, Matthew - 2017
This paper creates a new database that covers all banks in the United States in the census years between 1870 and 1900 to test the interaction between inequality and financial development when the banking system was starting over from scratch. A fixed-effects panel regression shows that the...
Persistent link: https://www.econbiz.de/10012957385
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Two Blades of Grass : The Impact of the Green Revolution
Gollin, Douglas - 2018
We examine the economic impact of high-yielding crop varieties (HYVs) in developing countries 1960-2000. We use time variation in the development and diffusion of HYVs of 10 major crops, spatial variation in agro-climatically suitability for growing them, and a differences-in-differences...
Persistent link: https://www.econbiz.de/10012916176
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Under the Weather : Health, Schooling, and Economic Consequences of Early-Life Rainfall
Maccini, Sharon - 2010
How sensitive is long-run individual well-being to environmental conditions early in life? This paper examines the effect of weather conditions around the time of birth on the health, education, and socioeconomic outcomes of Indonesian adults born between 1953 and 1974. We link historical...
Persistent link: https://www.econbiz.de/10012759306
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Industrial Catching Up in the Poor Periphery 1870-1975
Williamson, Jeffrey G. - 2011
This paper documents industrial output and labor productivity growth around the poor periphery 1870-1975 (Latin America, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial growth accelerated there over this critical century. The...
Persistent link: https://www.econbiz.de/10013129186