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Fickle fossils : economic growth, coal and the European oil invasion, 1900-2015
Fritzsche, Miriam; Wolf, Nikolaus - 2022
coal and oil on long-run economic growth, exploiting variation at the level of European NUTS-2 and NUTS-3 regions over the … last century. We show that an "oil invasion" in the early 1960s turned regional coal abundance from a blessing into a curse … key mechanism behind this reversal of fortune. Not only did former coal regions fail to accumulate sufficient levels of …
Persistent link: https://www.econbiz.de/10014088348
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Political power, resistance to technological change and economic development : evidence from the 19th century Sweden
Tyrefors, Björn; Lindgren, Erik; Pettersson-Lidbom, Per - 2017 - This version: June 16, 2017
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
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Fickle fossils : economic growth, coal and the European oil invasion, 1900-2015
Fritzsche, Miriam; Wolf, Nikolaus - 2023
analyse the effect of both, coal and oil on economic growth between 1900 and 2015, exploiting variation at the level of … European NUTS2 and NUTS3 regions. We show that the reversal of fortune of coal regions resulted from the second energy … transition. Specifically, an "oil invasion" in the early 1960s turned regional coal abundance from a blessing into a curse. Human …
Persistent link: https://www.econbiz.de/10014442780
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From Wood to Coal May Well Be from Malthus to Solow
Eren, Egemen - 2014
the Industrial Revolution as a transition from wood to coal as the main source of energy. We calibrate the model to … historical data on energy uses and growth in England. Switching to the wood and coal stocks of France, the model matches the …
Persistent link: https://www.econbiz.de/10013057347
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Swedish GDP 1620-1800 : stagnation or growth ?
Edvinsson, Rodney Benjamin - In: Cliometrica, Journal of Historical Economics and … 7 (2013) 1, pp. 37-60
This paper reconstructs an annual volume series of GDP and GDP per capita for Sweden within present borders 1620–1800, extending the annual series that exist from 1800 onwards. Annual fluctuations of GDP are estimated from the annual fluctuations of harvests, which in the nineteenth century...
Persistent link: https://www.econbiz.de/10010875692
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Economy as Empire : Dutch Disease and the Decline of Imperial Spain
Schearer, Michael - 2019
The marriage of Ferdinand of Aragon and Isabella of Castile in 1469 began the process of the eventual unification of Spain. Over the ensuing decades, Spain finally conquered the Muslims at Granada in 1492 and completed the Reconquista. Spain then began a period of imperial expansion with...
Persistent link: https://www.econbiz.de/10014105441
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Fickle fossils : economic growth, coal and the European oil invasion, 1900-2015
Fritzsche, Miriam; Wolf, Nikolaus - 2023
analyse the effect of both, coal and oil on economic growth between 1900 and 2015, exploiting variation at the level of … European NUTS2 and NUTS3 regions. We show that the reversal of fortune of coal regions resulted from the second energy … transition. Specifically, an “oil invasion” in the early 1960s turned regional coal abundance from a blessing into a curse. Human …
Persistent link: https://www.econbiz.de/10014487309
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Space and growth
Abreu, Maria; Groot, Henri L. F. de; Florax, Raymond J. … - 2004
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10011342567
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The Wealth of Subnations : Geography, Institutions, and Within-Country Development
Mitton, Todd - 2014
countries, focusing on within-country effects of geography and institutions. I find that several geographic factors have …
Persistent link: https://www.econbiz.de/10014159523
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Health and economic development : evidence from the introduction of public health care
Strittmatter, Anthony; Sunde, Uwe - 2011
This paper investigates the causal effect of changes in health on economic development using a long panel of European countries. Identification is based on the particular timing of the introduction of public health care systems in different countries, which is the random outcome of a political...
Persistent link: https://www.econbiz.de/10009312066