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This article aims to highlight the first work of economist Nathan Nunn on slavery and colonization. Indeed, for the latter, these two historical facts, quantifiable consequences, have defined the path of economic development of African countries. Secondly, this paper discusses the findings of...
Persistent link: https://www.econbiz.de/10011260637
. According to our preferred interpretation, these events provide evidence that, under weak institutions, popular mobilization and …
Persistent link: https://www.econbiz.de/10011083238
Two decades after the end of central planning, we investigate the extent to which the advantages bequeathed by planning in terms of high investment in physical infrastructure and human capital compensated for the costs in allocative inefficiency and weak incentives for innovation. We assemble...
Persistent link: https://www.econbiz.de/10011083892
We investigate the role of national institutions on regional development in a novel framework. We exploit the fact that … institutions. Using both a matching-type and a regression discontinuity approach we show that differences in countrywide … correlation between formal national institutions and economic development has to be carefully interpreted. …
Persistent link: https://www.econbiz.de/10011084103
We examine the link between pre-colonial statehood and contemporary regional African development, as reflected in satellite images on light density at night. We employ a variety of historical maps to capture the former. Our within-country analysis reveals a strong positive correlation between...
Persistent link: https://www.econbiz.de/10011084301
We evaluate the empirical relevance of de facto vs. de jure determinants of political power in the U.S. South between the end of the nineteenth and the beginning of the twentieth century. We apply a variety of estimation techniques to a previously unexploited dataset on voter registration by...
Persistent link: https://www.econbiz.de/10011084306
Institutions that serve the interests of an elite are often cited as an important reason for poor economic performance …. This paper builds a model of institutions that allocate resources and power to maximize the payoff of an elite, but where … any group that exerts sufficient fighting effort can launch a rebellion that destroys the existing institutions. The …
Persistent link: https://www.econbiz.de/10011084465
, where due to population mixing and the salience of national institutions ethnic traits play a lesser role. Overall, our …
Persistent link: https://www.econbiz.de/10011084579
This survey reviews the recent research on trust, institutions and economic development. It discusses the various … institutions and policies can affect trust and promote pro-social behaviors. …
Persistent link: https://www.econbiz.de/10011084699
Economics is not only a means of interpreting the past, but it must become an instrument for shaping the future, too. It should show inevitable future economic processes, with their links to culture, technology, and environment. With theoretical knowledge of this area, strategies of...
Persistent link: https://www.econbiz.de/10011094515