Understanding Long-Run Economic Growth: Geography, Institutions, and the Knowledge Economy
Understanding Long-Run Economic Growth: Geography, Institutions, and the Knowledge Economy
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Abstract
The conditions for sustainable growth and development are among the most-debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. Probing the long-term effects of early colonial differences on immigration policy, land distribution, and financial development in a variety of settings, this book explores the relationship between economic conditions, growth, and inequality, with a focus on how the monopolization of resources by the political elite limits incentives for ordinary people to invest in human capital or technological discovery. Among the topics discussed are the development of credit markets in France, the evolution of transportation companies in the United Kingdom and the United States, and the organization of innovation in the United States.
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Front Matter
- Introduction
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1
Once Upon a Time in the Americas: Land and Immigration Policies in the New World
Stanley L. Engerman andKenneth L. Sokoloff
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2
The Myth of the Frontier
Camilo García-Jimeno andJames A. Robinson
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3
Differential Paths of Financial Development: Evidence from New World Economies
Stephen Haber
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4
Political Centralization and Urban Primacy: Evidence from National and Provincial Capitals in the Americas
Sebastian Galiani andSukkoo Kim
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5
History, Geography, and the Markets for Mortgage Loans in Nineteenth-Century France
Philip T. Hoffman and others
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6
Two Roads to the Transportation Revolution Early Corporations in the United Kingdom and the United States
Dan Bogart andJohn Majewski
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7
Premium Inventions: Patents and Prizes as Incentive Mechanisms in Britain and the United States, 1750–1930
B. Zorina Khan
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8
The Reorganization of Inventive Activity in the United States during the Early Twentieth Century
Naomi R. Lamoreaux and others
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9
Mass Secondary Schooling and the State: The Role of State Compulsion in the High School Movement
Claudia Goldin andLawrence F. Katz
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10
The Impact of the Asian Miracle on the Theory of Economic Growth
Robert W. Fogel
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11
Ken Sokoloffand the Economic History of Technology
Joel Mokyr
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12
Kenneth Sokoloff on Inequality in the Americas
Peter H. Lindert
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13
Remembering Ken, Our Beloved Friend
Manuel Trajtenberg
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End Matter
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