Our paper identifies and estimates the effects of R&D spillovers on total factor productivity with consideration of spatial effects. We first run our estimations on the Coe and Helpman (1995) model introducing spatial correlation. The results show positive R&D spillover effects on TFP and high...

The countries that were once British colonies in the Caribbean share a common language and a colonial history of slavery, dominance of a plantation-based sugar industry, and broadly similar government and administrative traditions. Following independence in the late-1960s economic strategies and...

We explore the impact of British colonial institutions on the economic development of India. In some regions, the British colonial government assigned property rights in land and taxes to landlords whereas in others it assigned them directly to cultivators or non-landlords. Although Banerjee and...