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...

This research explores the long-run effect of industrialization on the process of development. In contrast to conventional wisdom that views industrial development as a catalyst for economic growth, highlighting its persistent effect on economic prosperity, the study establishes that while the...

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...

Many theories link urbanization with industrialization; in partic- ular, with the production of tradable (and typically manufactured) goods. We document that the expected relationship between urbanization and the levelofindustrializationisnotpresentinasampleofdevelopingeconomies. The breakdown...

Many theories link urbanization with industrialization; in particular, with the production of tradable (and typically manufactured) goods. We document that the expected relationship between urbanization and the level of industrialization is not present in a sample of developing economies. The...