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Understanding Long-Run Economic Growth
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Understanding Long-Run Economic Growth: Geography, Institutions, and the Knowledge Economy

Dora L. Costa and Naomi R. Lamoreaux


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 ... More

Keywords: sustainable growth, economics, institutions, economies, immigration policy, land distribution, financial development, economic conditions, growth, inequality

Bibliographic Information

Print publication date: 2011 Print ISBN-13: 9780226116341
Published to Chicago Scholarship Online: September 2013 DOI:10.7208/chicago/9780226116426.001.0001


Affiliations are at time of print publication.

Dora L. Costa, editor

Naomi R. Lamoreaux, editor

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