This research suggests that the distribution of land within and across countries affected the nature of the transition from an agrarian to an industrial economy generating diverging growth patterns across countries. Land abundance, which was beneficial in early stages of development, generated...

This research develops a unified growth theory that captures the transition from the domination of geographical factors in the determination of productivity in early stages of development to the domination of institutional factors in mature stages of development. It identifies a novel channel...

This research develops a unified growth theory that captures the transition from the domination of geographical factors in the determination of productivity in early stages of development to the domination of institutional factors in mature stages of development. It identifies a novel channel...

The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that, in contrast to conventional wisdom that views early industrialization as a predominantly...

This paper advances a novel hypothesis regarding the historical roots of labor emancipation. It argues that the decline of coercive labor institutions in the industrial phase of development has been an inevitable by-product of the intensification of capital-skill complementarity in the...

This paper advances a novel hypothesis regarding the historical roots of labor emancipation. It argues that the decline of coercive labor institutions in the industrial phase of development has been an inevitable by-product of the intensification of capital-skill complementarity in the...