
Understanding Long-Run Economic Growth
Geography, Institutions, and the Knowledge Economy
- English
- PDF
- Available on iOS & Android
Understanding Long-Run Economic Growth
Geography, Institutions, and the Knowledge Economy
About this book
The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. Probing the long-term effects of early colonial differences on immigration policy, land distribution, and financial development in a variety of settings, Understanding Long-Run Economic Growth explores the relationship between economic conditions, growth, and inequality, with a focus on how the monopolization of resources by the political elite limits incentives for ordinary people to invest in human capital or technological discovery. Among the topics discussed are the development of credit markets in France, the evolution of transportation companies in the United Kingdom and the United States, and the organization of innovation in the United States.
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Table of contents
- Contents
- Acknowledgments
- Introduction
- 1. Once Upon a Time in the Americas: Land and Immigration Policies in the New World
- 2. The Myth of the Frontier
- 3. Differential Paths of Financial Development: Evidence from New World Economies
- 4. Political Centralization and Urban Primacy: Evidence from National and Provincial Capitals in the Americas
- 5. History, Geography, and the Markets for Mortgage Loans in Nineteenth- Century France
- 6. Two Roads to the Transportation Revolution: Early Corporations in the United Kingdom and the United States
- 7. Premium Inventions: Patents and Prizes as Incentive Mechanisms in Britain and the United States, 1750–1930
- 8. The Reorganization of Inventive Activity in the United States during the Early Twentieth Century
- 9. Mass Secondary Schooling and the State: The Role of State Compulsion in the High School Movement
- 10. The Impact of the Asian Miracle on the Theory of Economic Growth
- 11. Ken Sokoloff and the Economic History of Technology: An Appreciation
- 12. Kenneth Sokoloff on Inequality in the Americas
- 13. Remembering Ken, Our Beloved Friend
- Contributors
- Author Index
- Subject Index