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change and urbanization, the two common features of modern economic growth. I examine this particular mechanism in the … mean reversion in population growth, eventually leading to urbanization. My results support the view that railroad network …
Persistent link: https://www.econbiz.de/10011638910
change and urbanization, the two common features of modern economic growth. I examine this particular mechanism in the … mean reversion in population growth, eventually leading to urbanization. My results support the view that railroad network …
Persistent link: https://www.econbiz.de/10012957313
urbanization - the two common features of modern economic development. By digitizing novel datasets of factories and railroad … instrument, I find that the distance from railroads in 1892 accounts for 38 percent of the growth in steam power adopted by … factories from 1888 to 1902. I also find that proximity to railroads induced a structural change and changed the population …
Persistent link: https://www.econbiz.de/10012865177
This paper uses the adoption and invention of the spinning jenny as a test case to understandwhy the industrial revolution occurred in Britain in the eighteenth century rather than inFrance or India. It is shown that wages were much higher relative to capital prices in Britainthan in other...
Persistent link: https://www.econbiz.de/10005870138
This paper uses the adoption and invention of the spinning jenny as a test case to understand why the industrial revolution occurred in Britain in the eighteenth century rather than in France or India.  It is shown that wages were much higher relative to capital prices in Britain than in other...
Persistent link: https://www.econbiz.de/10005047777
Our analysis of over 500 Ghanaian firms sheds light, for the first time, on how certain firms managed to extract value from mobile money. Our regressions point to the usefulness of this form of cashless payments in stabilizing sales during the COVID pandemic. Perhaps the most important message...
Persistent link: https://www.econbiz.de/10015066217
Our analysis of over 500 Ghanaian firms sheds light, for the first time, on how certain firms managed to extract value from mobile money. Our regressions point to the usefulness of this form of cashless payments in stabilizing sales during the COVID pandemic. Perhaps the most important message...
Persistent link: https://www.econbiz.de/10015063472
This paper discusses the development of four production sectors of the economies in Southeast Asia since the end of the Second World War: agriculture, non-renewable natural resources, manufacturing, and services. First, although Southeast Asia has experienced sectoral transformation toward...
Persistent link: https://www.econbiz.de/10012893505
The U.S. antidumping law suffers from a series of defects in its implementation, resulting in the unwarranted finding of illegal predatory pricing by foreign companies. In light of the existing technical flaws outlined in this Article, it is clear that the U.S. antidumping law is merely a form...
Persistent link: https://www.econbiz.de/10012980608
It is often claimed that what is popularly known as the "flying geese paradigm" of dynamic comparative advantage has accurately depicted the East Asian catching-up process. This paper presents a critical study of the paradigm, as well as its application to the current situation in East Asia...
Persistent link: https://www.econbiz.de/10008543780