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Barro, Robert J.; McCleary, Rachel M. - 2021

Empirical research on the determinants of economic growth has typically neglected the influence of religion. To fill … are the dependent variables. The instruments are dummy variables for the presence of state religion and for regulation of … the religion market, an indicator of religious pluralism, and the composition of religions. We find that economic growth …

Persistent link: https://www.econbiz.de/10013223306

Interpreting the Tariff-Growth Correlation of the Late Nineteenth Century

Irwin, Douglas A. - 2021

Recent research has documented a positive relationship between tariffs and growth in the late nineteenth century. Such a correlation does not establish a causal relationship between tariffs and growth, but it is tempting to view the correlation as constituting evidence that protectionist or...

Persistent link: https://www.econbiz.de/10013227191

Government, Openness and Finance : Past and Present

Demetriadis, Panicos - 2010

We explore the role of government in the nexus of finance and trade starting from the earliest days of organised finance in England and then broadening the analysis to 84 countries from 1960 to 2004. For 18th century England, we find that the government expenditures and international trade did...

Persistent link: https://www.econbiz.de/10013137020

The European Origins of Economic Development

Easterly, William - 2012

Although a large literature argues that European settlement outside of Europe shaped institutional, educational, technological, cultural, and economic outcomes, researchers have been unable to directly assess these predictions because of an absence of data on colonial European settlement. In...

Persistent link: https://www.econbiz.de/10013104984

Equilibrium Fictions : a Cognitive Approach to Societal Rigidity

Hoff, Karla Ruth - 2010

framework, technology, contacts with the outside world, and changes in power and wealth matter not just directly but because …

Persistent link: https://www.econbiz.de/10013147216

Growth in a Time of Debt

Reinhart, Carmen M. - 2010

We study economic growth and inflation at different levels of government and external debt. Our analysis is based on new data on forty-four countries spanning about two hundred years. The dataset incorporates over 3,700 annual observations covering a wide range of political systems,...

Persistent link: https://www.econbiz.de/10013149089

Foreign Currency Debt, Financial Crises and Economic Growth : A Long Run View

Bordo, Michael D. - 2010

Foreign currency debt is widely believed to increase risks of financial crisis, especially after being implicated as a cause of the East Asian crisis in the late 1990s. In this paper, we study the effects of foreign currency debt on currency and debt crises and its indirect short and long run...

Persistent link: https://www.econbiz.de/10013150169

Revealing Failures in the History of School Finance

Lindert, Peter H. - 2009

This essay proposes a set of non-econometric tests using data on wage structure, school resource costs, public expenditures, taxes, and rates of return to explain anomalies in which richer political units deliver less education than poorer ones. Both the anomalies of education history, and its...

Persistent link: https://www.econbiz.de/10013155017

Three Epochs of Oil

Dvir, Eyal - 2009

, the real price of oil has tended to be highly persistent and volatile whenever rapid industrialization in a major world …

Persistent link: https://www.econbiz.de/10013160159

Oil Prices, Exhaustible Resources, and Economic Growth

Hamilton, James D. - 2012

This paper explores details behind the phenomenal increase in global crude oil production over the last century and a half and the implications if that trend should be reversed. I document that a key feature of the growth in production has been exploitation of new geographic areas rather than...

Persistent link: https://www.econbiz.de/10013112048