identify exogenous determinants of timing. We develop a theory illustrating conditions under which synchronicity will vary and …

This paper examines the importance of buyer-supplier relationships, geography and the structure of the production … firm's marginal production costs. We test the theory by exploiting the opening of a high-speed (Shinkansen) train line in …

to the geography view, societies that were relatively rich in 1500 should also be relatively rich today. In contrast, the …

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

development. The law and finance theory holds that legal traditions differ in terms of the priority they attach to protecting the … theory argues that the disease and geographical environment influence the formation of long-lasting institutions that …

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 …

We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with … realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with …