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.
| ISBN: | 9780226116341 |
| Publication date: | 13th September 2011 |
| Author: | Dora L Costa, Naomi R Lamoreaux |
| Publisher: | The University of Chicago Press an imprint of University of Chicago Press |
| Format: | Hardback |
| Pagination: | 390 pages |
| Series: | National Bureau of Economic Research Conference Report |
| Genres: |
Economic growth |
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.
Understanding Long-Run Economic Growth features in the following genres: Economic growth
Understanding Long-Run Economic Growth is available in Hardback
Understanding Long-Run Economic Growth was written by Dora L Costa, Naomi R Lamoreaux and published by The University of Chicago Press an imprint of University of Chicago Press
Understanding Long-Run Economic Growth has 390 pages
Yes it is part of National Bureau of Economic Research Conference Report series