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作者:University of London; King's College London; Fudan University
摘要:As a multi-faceted socio-political movement in twentieth-century China, the Cultural Revolution (1966-1976) witnessed conflict and social upheaval. This paper investigates its economic legacies, exploiting geographic variation in revolutionary intensity, measured by the number of resulting deaths. Using a newly assembled county-level panel dataset over five decades, we find worse-affected areas performed slightly better at baseline, but were slower to industrialize. This effect was large in th...
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作者:Auburn University System; Auburn University; National Bureau of Economic Research
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作者:University of Colorado System; University of Colorado Boulder
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作者:Centre National de la Recherche Scientifique (CNRS); CNRS - Institute for Humanities & Social Sciences (INSHS); IESEG School of Management; Universite de Lille
摘要:In this article, I investigate the effect of landholding inequalities on the democratization process in nineteenth-century France. I focus on the 1849 election, which followed the establishment of the Second Republic (1848-1851), and on the first six elections of the Third Republic (1870-1940), which took place between 1876 and 1893. I find that stronger landholding inequalities were associated to a lower support for the Republicans, and therefore constituted a threat to the consolidation of d...
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作者:Yale University
摘要:Economists have reported results based on populations for every country in the world for the past two thousand years. The source, McEvedy and Jones' Atlas of World Population History, includes many estimates that are little more than guesses and that do not reflect research since 1978. McEvedy and Jones often infer population sizes from their view of a particular economy, making their estimates poor proxies for economic growth. Their rounding means their measurement error is not classical. Som...
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作者:Northumbria University; Newcastle University - UK
摘要:Secure property rights are usually considered to be essential for sustained economic development. In England, it is debated whether property rights have been secure since the medieval period or if they were only established after the Glorious Revolution. In this context, the paper examines the Court of Wards, which from 1540 to 1646 administered the Crown's right to take custody of children and their lands when these were held by feudal-military tenures. The paper shows that wardship was a com...
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作者:Xiong, Heyu; Zhao, Yiling
摘要:We study the role of denominational competition in the expansion of higher education in the nineteenth-century United States. We document that nearly all colleges established in this period were affiliated with a Christian denomination. Empirical analysis reveals a robust positive relationship between the denominational fragmentation of the county and the number of colleges established. We take several steps to rule out competing explanations and also highlight the causal channel by utilizing ...
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作者:Queens University Belfast; Queens University Belfast
摘要:Alfred Marshall argued that the malaise of public companies in Edwardian Britain was due to the separation of ownership from control and a lack of professional management. In this paper, we examine the ownership and control of the c.1,700 largest British companies in 1911. We find that most public companies had a separation of ownership and control, but that this had little effect on their performance. We also find that manager characteristics that proxy for amateurism are uncorrelated with pe...
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作者:Universidad Adolfo Ibanez
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作者:Radboud University Nijmegen; University of Antwerp
摘要:Does the prosperity of medieval manors depend on their position in the feudal system? How large are these effects? And what are the underlying economic mechanisms? Using Domesday Book, a unique country-wide survey conducted by William the Conqueror, we reinterpret the eleventh-century English feudal system as a network in which manors are linked to one another based on their common ownership structure. Both a reduced-form and a more structural approach reveal the existence of external economie...