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, and urbanization of the Empire. The significantly larger territorial size of the Colony guarantees its eventual …. The increased population size of the Empire and particularly its high rate of urbanization – both legacy of the …
Persistent link: https://www.econbiz.de/10005069299
Many studies have estimated the growth effects of globalization where globalization was measured with a few economic variables, ignoring its social and political dimensions. Recently Dreher (2006) has developed a comprehensive measure of globalization with several variables from the economic,...
Persistent link: https://www.econbiz.de/10012966200
Why are we rich and others poor? What is preventing the less-developed countries from catching up with the more developed? How did we become rich? Underlying these questions are more fundamental ones: What is the nature of economic progress? What are its causes? I seek the answers to these...
Persistent link: https://www.econbiz.de/10013135194
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10013051452
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present in come differences, and, in...
Persistent link: https://www.econbiz.de/10013052454
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10010370094
Persistent link: https://www.econbiz.de/10013023068
This paper elucidates the key debates surrounding the optimal design of financial systems and institutions: bank-based versus market-based; universal versus specialized banking; relationship versus arms-length banking. The paper also examines the historical pattern of financial system development...
Persistent link: https://www.econbiz.de/10013044095
urbanization rate. For a panel of 41 African countries during the period 1960–2007, the paper’s three main findings are that: (i …) decreases in the share of agricultural value added lead to a significant increase in the urbanization rate; (ii) conditional on … changes in the share of agricultural value added GDP per capita growth does not significantly affect the urbanization rate …
Persistent link: https://www.econbiz.de/10011056710