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From the 19th century to the 1940's, Quebec remained poorer and less economically developed than the rest of Canada in general and poorer than Ontario in particular. This placed Quebec at the bottom of North American rankings of living standards. One prominent hypothesis for the initiation of...
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Why are some spatial differences in land rents and wages not bid away by firms and individuals in search of low-cost or high-income locations? Why does economic activity cluster in centers of activity? And what are the consequences of remoteness from existing centers?
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economic development, notably institutions and geography. This paper sheds a different light on these determinants. We use … spatial econometrics to analyse the importance of the geography of institutions. We show that it is not only absolute … geography, in terms of for instance climate, but also relative geography, the spatial linkages between countries, that matters …
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