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Long-run Causes of Comparative Development: An Interpretation of the Recent Evidence

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  • Stephen C. Smith

    ()
    (Department of Economics/Institute for International Economic Policy, George Washington University)

Abstract

What explains the extreme variations in development achievement, among LDCs, and between developing and developed countries? This paper present a schematic framework for the interpretation of some influential recent contributions to the study of the majo long-run causes of comparative development. The major emphasis is placed on what has been learned recently about the role of institutions in relation to other factors, through the use of centuries rather than decades of data.

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File URL: http://www.gwu.edu/~iiep/assets/docs/papers/Smith_IIEPWP2008-13.pdf
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Bibliographic Info

Paper provided by The George Washington University, Institute for International Economic Policy in its series Working Papers with number 2008-13.

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Length: 21 pages
Date of creation: Sep 2007
Date of revision:
Handle: RePEc:gwi:wpaper:2008-13

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Web page: http://www.gwu.edu/~iiep/
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Related research

Keywords: comparative development; institutions; geography; colonialism; inequality; property rights; economic opportunity;

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  1. Daron Acemoglu & Simon Johnson & James A. Robinson & Pierre Yared, 2005. "From Education to Democracy?," NBER Working Papers 11204, National Bureau of Economic Research, Inc.
  2. James Feyrer & Bruce Sacerdote, 2009. "Colonialism and Modern Income: Islands as Natural Experiments," The Review of Economics and Statistics, MIT Press, vol. 91(2), pages 245-262, May.
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