Institutions versus Geography : Subnational Evidence from the United States /

Empirical studies of the impact of geography and institutions on growth and development at the international level have become common place, but the high degree of abstraction at that level has led to calls for subnational studies. This paper examines these issues for a region of the United States,...

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Bibliografiske detaljer
Hovedforfatter: Romero-Barrutieta, Alma
Andre forfattere: Clifton, Eric
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2006.
Serier:IMF Working Papers; Working Paper ; No. 2006/169
Online adgang:Full text available on IMF
Beskrivelse
Summary:Empirical studies of the impact of geography and institutions on growth and development at the international level have become common place, but the high degree of abstraction at that level has led to calls for subnational studies. This paper examines these issues for a region of the United States, Appalachia, where the specific factors at play are identified and measured thus obviating the need for instrumental variable techniques. The evidence suggests that initial conditions, including both geography and institutions, are very important for economic development, having significant effects lasting hundreds of years.
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Fysisk beskrivelse:1 online resource (26 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students