This study examines the repercussions of the 1979 Sandinista revolution on Nicaragua's economic growth trajectory … estimating the counterfactual gross domestic product (GDP) per capita growth rate, assuming that the revolution did not take … place. By doing so, the study quantifies the extent to which the Sandinista revolution influenced the country's economic …

This study examines the repercussions of the 1979 Sandinista revolution on Nicaragua's economic growth trajectory … estimating the counterfactual gross domestic product (GDP) per capita growth rate, assuming that the revolution did not take … place. By doing so, the study quantifies the extent to which the Sandinista revolution influenced the country's economic …

industrial economies. Moreover, we find it is the stage of economic development (or the absence/presence of industrialization … historians—that institutional changes in 17th and 18th century England did not cause the Industrial Revolution. …

income. I find that institutions are the main determinant of development, but that endowments have a sizeable direct impact …

the historical determinants of institutions with the sizeable direct impact of geographic endowments on development. …

income. I find that institutions are the main determinant of development, but that endowments have a sizeable direct impact …

the historical determinants of institutions with the sizeable direct impact of geographic endowments on development. …

climate and disease did affect institutional development in the group of former colonies while this is not the case in the … that also accounts for the direct effect of endowments. I find that institutions are the main determinant of development … and that endowments also have a sizeable direct impact on development. Third, I highlight the importance of disease …

differential effect settler mortality had on development can only be rationalized by the early institution building hypothesis that …