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Slavery has been a major institution of labor coercion throughout history. Colonial societies used slavery intensively across the Americas, and slavery remained prevalent in most countries after independence from the European powers. We investigate the impact of slavery on long-run development...
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Slavery has been a major institution of labor coercion throughout history. Colonial societies used slavery intensively across the Americas, and slavery remained prevalent in most countries after independence from the European powers. We investigate the impact of slavery on long-run development...
Persistent link: https://www.econbiz.de/10013104727
Persistent link: https://www.econbiz.de/10013172394
Slavery has been a major institution of labor coercion throughout history. Colonial societies used slavery intensively across the Americas, and slavery remained prevalent in most countries after independence from the European powers. We investigate the impact of slavery on long-run development...
Persistent link: https://www.econbiz.de/10012460483
Persistent link: https://www.econbiz.de/10013422337
We develop a dynamic theory of resource wars and study the conditions under which such wars can be prevented. Our focus is on the interaction between the scarcity of resources and the incentives for war in the presence of limited commitment. We show that a key parameter determining the...
Persistent link: https://www.econbiz.de/10014042774
be slower than that prescribed by the Hotelling rule, which is the rate of extraction in the competitive environment. Our … is avoided in the competitive environment …
Persistent link: https://www.econbiz.de/10014044223
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