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作者:University of Mississippi
摘要:The TVA has been applauded for its anti-malaria programs in the Southeast during the 1930s and 1940s. However, the TVA developed their anti-malaria programs because they created lakes suitable for mosquito breeding. To estimate the relationship between the TVA and malaria, I construct a county-level panel data from the Southeast United States. I find that the net effect of the TVA was to increase malaria rates following its construction. Using statistical life value estimates, I find that the ...
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作者:University of Minnesota System; University of Minnesota Twin Cities
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作者:Centro de Investigacion y Docencia Economicas A.C. (CIDE)
摘要:The success of fiscal centralization and military buildup in colonial Mexico contrasts with failed similar attempts elsewhere. Why did powerful elites comply with fiscal-military reforms in eighteenth-century Mexico? I argue that the Seven Years' War provided incentives for the Crown to centralize and elites to comply by accentuating the free rider problems inherent in the provision of military defense under fiscal fragmentation. Fiscal data and history document that reforms were more successf...
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作者:University System of Maryland; University of Maryland Baltimore County
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作者:University of Amsterdam; University of Amsterdam; Tinbergen Institute
摘要:This article shows how asymmetric information shaped slavery by determining the likelihood of manumission. A theoretical model explains the need to offer positive incentives to slaves working in occupations characterized by a high degree of asymmetric information. As a result, masters freed ( and, more generally, rewarded) slaves who performed well. The model's implications are then tested against the available evidence: both in Rome and in the Atlantic world, slaves with high asymmetric infor...
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作者:Universidad de los Andes (Colombia)
摘要:Construction of the first transcontinental railroad, financed with large federal subsidies, is an important event in American history. Were the subsidies necessary to induce private investment in the railroad? The ex-ante investment decision examined uses contemporary reports and a simulation model to show that investors expected the railroad to be profitable. Evidence also shows that the railroad created political conflicts in Congress between the North and South. The secession removed the So...
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作者:University College Dublin
摘要:Carefully constructed but fallible historical estimates of GDP and agricultural output inform our understanding of the preindustrial origins of economic growth. Here we review four recent attempts at estimating agricultural output and food availability in England and Wales at different points between the Middle Ages and the Industrial Revolution. We highlight their contrasting implications for trends in well-being and nutritional status over time. Building on these estimates, we propose our ow...
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作者:University of Oxford; University of California System; University of California Berkeley; University of Oxford
摘要:We examine the impact of the Great Depression on the share of votes for right-wing extremists in elections in the 1920s and 1930s. We confirm the existence of a link between political extremism and economic hard times as captured by growth or contraction of the economy. What mattered was not simply growth at the time of the election, but cumulative growth performance. The impact was greatest in countries with relatively short histories of democracy, with electoral systems that created low hurd...
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作者:Texas Tech University System; Texas Tech University
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作者:University of Munster