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This work is part of a long-term research project on global electrification. Here we focus on the initial phase of electrification, from the 1880s to 1914, when multinational enterprise and international finance played a crucial role. Electrical equipment manufacturers were first movers in the...
Persistent link: https://www.econbiz.de/10008578644
Access to electricity is widely recognized as an essential element of economic development. This paper uses a comprehensive dataset on electrification aid projects to quantify and model the determinants of multilateral and bilateral electrification aid in the last three decades of the 20th...
Persistent link: https://www.econbiz.de/10008645053
We measure the overall impact of railroad investment on economic growth in the antebellum period in the United States using a bivariate dynamic time series methodological approach, based on the use of a vector autoregressive (VAR) model. We find bidirectional causality between railroad...
Persistent link: https://www.econbiz.de/10011160812
Persistent link: https://www.econbiz.de/10005388596