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作者:Batzell, Rudi
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作者:Hong Kong University of Science & Technology
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作者:Cook, Lisa
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作者:Yale University; University of Navarra; IESE Business School
摘要:We analyze patterns of informal information exchange by the English East India Company's captains to assess the role of relational and institutional governance systems and uncertainty in encouraging information exchange. Using archival data from the emerging early-modern global trade network, we show that uncertainty drove information exchange. Relational-based contract enforcement mechanisms such as small group exchange were largely absent, and increasing institutional strength was associated...
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作者:Wheaton College; University of British Columbia
摘要:We construct longitudinal data from U.S. census records to study the economics of the Dust Bowl migration of the 1930s. Most of our findings contradict long-standing perceptions. While migration rates were high relative to elsewhere in the United States, they were similar to migration rates from the region in the 1920s. Relative to other occupations, farmers were the least likely to move. Furthermore, migrants from the Dust Bowl were not exceptionally likely to move to California. Finally, the...
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作者:North Carolina State University; Colorado School of Mines; Colorado School of Mines
摘要:We examine the role of irrigation in explaining U.S. agricultural gains post-1940. Specifically, we analyze how productivity and farm values changed in the western United States as a result of technological and policy changes that expanded access to ground and surface water. To statistically identify the effects, we compare counties based on their potential access to irrigation water defined by physical characteristics. We find areas with access to large streams and/or groundwater increase cro...
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作者:University of California System; University of California Davis; National Bureau of Economic Research; Australian National University
摘要:Between 1880 and 1910, Japanese exports increased in volume, changed composition, and shifted from leading industrialized countries toward poorer Asian neighbors. Using a new dataset disaggregated by product and trade partner for the universe of Japanese exports, we find extensive margins accounted for 30 percent of export growth, with trade costs and market size associated with successful market entry. There was also considerable persistence in maintaining market presence and exit was rare. T...