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The Bounty of the Sea and Long-Run Development

Author

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  • Pablo Selaya

    (University of Copenhagen)

  • Carl-Johan Dalgaard

    (University of Copenhagen)

  • Anne Sofie B. Knudsen

    (University of Copenhagen)

Abstract

What is the long run impact on development from di¤erences in subsistence strategies during pre- industrial times? Whereas this question has been explored from the point of view of agriculture, remark- ably little attention has been paid to the complementary strategy of relying on marine resources. As a step towards closing this gap, we construct an index ??the Bounty of the Sea index ?which captures the potential abundance of exploitable marine ?sh that individual countries have had access to, and proceed to explore its correlation with economic development. Our analysis reveals that a greater Bounty of the Sea stimulated pre-industrial development, and that countries inhabited by people with ancestry in regions with abundant marine resources are richer today. Probing possible underlying reasons, we ?nd that populations with ancestry in regions rich in marine resources di¤er from societies with a purely agrarian legacy in terms of institutions, cultural values and average personality traits.

Suggested Citation

  • Pablo Selaya & Carl-Johan Dalgaard & Anne Sofie B. Knudsen, 2015. "The Bounty of the Sea and Long-Run Development," Development Research Working Paper Series 10/2015, Institute for Advanced Development Studies.
  • Handle: RePEc:adv:wpaper:201510
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    Cited by:

    1. Carl-Johan Dalgaard & Holger Strulik, 2014. "Physiological Constraints and Comparative Economic Development," Discussion Papers 14-21, University of Copenhagen. Department of Economics.
    2. Stelios Michalopoulos & Elias Papaioannou, 2018. "Spatial Patterns of Development: A Meso Approach," Annual Review of Economics, Annual Reviews, vol. 10(1), pages 383-410, August.
    3. T. Ryan Johnson & Dietrich Vollrath, 2017. "How Tight are Malthusian Constraints?," Working Papers 2017-192-55, Department of Economics, University of Houston.
    4. BenYishay, Ariel & Grosjean, Pauline & Vecci, Joe, 2017. "The fish is the friend of matriliny: Reef density and matrilineal inheritance," Journal of Development Economics, Elsevier, vol. 127(C), pages 234-249.
    5. Vincent Leyaro & Pablo Selaya & Neda Trifkovic, 2017. "Fishermen’s wives: On the cultural origins of violence against women," WIDER Working Paper Series 205, World Institute for Development Economic Research (UNU-WIDER).

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    More about this item

    Keywords

    Fishing; Economic Development; Personality; Culture; Institutions;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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