3期

最新文章

• British-French Technology Transfer from the Revolution to Louis Philippe (1791-1844): Evidence from Patent Data AI翻译
  作者：Scuola Superiore Sant'Anna; University of Siena
  摘要：This paper examines the patterns of technology transfer from Britain to France during the early phases of industrializing using a dataset comprising all patents granted in France in the period 1791-1844. Exploiting the peculiarities of French legislation, we construct an array of patent quality indicators and investigate their determinants. We find that patents filed by British inventors or French inventors with personal connections to British inventors were of relatively higher quality. Overa...
• Navigating Nationalism in Global Enterprise: A Century of Indo-German Business Relations AI翻译
  作者：University of Geneva
• Churches as Social Insurance: Oil Risk and Religion in the US South AI翻译
  作者：Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; National Bureau of Economic Research; Tulane University
  摘要：Religious communities are important providers of social insurance. We show that risk associated with oil dependence facilitated the proliferation of religious communities throughout the U.S. South during the twentieth century. Known oil abundance predicts higher rates of church membership, which are not driven by selective migration or local economic development. Consistent with a social insurance channel, greater oil price volatility increases effects, while greater access to credit, state-le...
• Plantation Mortgage-Backed Securities: Evidence from Surinam in the Eighteenth Century AI翻译
  作者：Monash University; Royal Melbourne Institute of Technology (RMIT); Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
  摘要：In the second half of the eighteenth century, Dutch bankers channeled investors' funds to sugar and coffee plantations in the Caribbean, Surinam in particular. Agency problems between plantation owners, bankers, and investors led to an arrangement called negotiaties. Bankers oversaw plantations' cash flows and placed mortgage debt with investors. We demonstrate how this securitization arrangement worked using market-wide data and detailed records from banker F. W. Hudig. During the boom, debt ...
• The Glorious Revolution and Access to Parliament AI翻译
  作者：Hamilton College; Stellenbosch University
  摘要：This paper shows that the Glorious Revolution of 1688 broadened access to Parliament for families needing rights to sell land in so-called estate bills. Bills were on average 14-27 percentage points more likely to be for gentry families and not aristocratic families in legislative sessions after the Revolution compared to sessions before. Regression and archival evidence suggest that parliamentary certainty was primarily responsible for improved access by altering families' entry calculus and ...
• Internal Borders and Population Geography in the Unification of Italy AI翻译
  作者：University of Oxford; University of Oxford; University of Nottingham; Centre for Economic Policy Research - UK
  摘要：We offer new evidence on the spatial economic impact of Italian unification. Adopting municipal population as a proxy for local economic activity, we construct a new geocoded dataset spanning the pre- and post-unification periods and discover robust evidence of an acceleration in growth near the former borders. A disproportionate improvement in market access boosted growth in these locations when barriers to trade were dismantled. Indirectly, unification's decisive contribution to intraregiona...
• We Do Not Know the Population of Every Country in the World for the Past Two Thousand Years AI翻译
  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...
• The birth of banking in Latin America: Finance and politics in the 19th century AI翻译
  作者：Universidad Adolfo Ibanez
• Dust Bowl Migrants: Environmental Refugees and Economic Adaptation AI翻译
  作者：University of Chicago; National Bureau of Economic Research
  摘要：The 1930s American Dust Bowl created archetypal Dust Bowl migrants, refugees from environmental collapse. I examine this archetype, comparing migration from more-eroded and less-eroded counties to distinguish Dust Bowl migrants from other migrants. Dust Bowl migrants were negatively selected, in years of education, compared to other migrants who were positively selected. Dust Bowl migrants had lower incomes than natives in their destinations, which is reflected in popular impressions. I estima...
• State Capacity, Property Rights, and External Revenues: Haiti, 1932-1949 AI翻译
  作者：Utah System of Higher Education; Utah State University
  摘要：External revenues blunt investments in fiscal capacity. But how do external revenues affect investments in legal capacity? In a simple model of state capacity investment, external revenues should be positively correlated with investments in legal capacity. But this implication could flip if fiscal capacity lowers the cost of legal capacity investments. I test the model by looking at Haiti in 1942 when U.S. mobilization caused a negative shock to external revenues. Contrary to the basic model, ...