UNDERSTANDING LONG-RUN ECONOMIC GROWTH COSTA D.L. LAMOREAUX N.R. EDITORS Księgarnia

Understanding Long-Run Economic Growth:

Geography, Institutions, and the Knowledge Economy

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.

Acknowledgments ix

Introduction Dora L. Costa Naomi R. Lamoreaux 1

1 Once Upon a Time in the Americas: Land and Immigration Policies in the New World Stanley L. Engerman Kenneth L. Sokoloff 3

2 The Myth of the Frontier Camilo Garcia-Jimeno James A. Robinson 49

3 Differential Paths of Financial Development: Evidence from New World Economies Stephen Haber 89

4 Political Centralization and Urban Primacy: Evidence from National and Provincial Capitals in the Americas Sebastian Galiani Sukkoo Kim 121

5 History, Geography, and the Markets for Mortgage Loans in Nineteenth-Century France Philip T. Hoffman Gilles Postel-Vinay Jean-Laurent Rosenthal 155

6 Two Roads to the Transportation Revolution: Early Corporations in the United Kingdom and the United States Dan Bogart John Majewski 177

7 Premium Inventions: Patents and Prizes as Incentive Mechanisms in Britain and the United States, 1750-1930 B. Zorina Khan 205

8 The Reorganization of Inventive Activity in the United States during the Early Twentieth Century Naomi R. Lamoreaux Kenneth L. Sokoloff Dhanoos Sutthiphisal 235

9 Mass Secondary Schooling and the State:The Role of State Compulsion in the High School Movement Claudia Goldin Lawrence F. Katz 275

10 The Impact of the Asian Miracle on the Theory of Economic Growth Robert W. Fogel 311

11 Ken Sokoloff and the Economic History of Technology: An Appreciation Joel Mokyr 355

12 KennethSokoloffonlnequalityintheAmericas Peter H. Lindert 363

13 Remembering Ken, Our Beloved Friend Manuel Trajtenberg 373

Contributors 375

Author Index 377

Subject Index 385

400 pages, Hardcover

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