1.

Record Nr.

UNINA9910788689703321

Autore

Romero-Barrutieta Alma

Titolo

Institutions versus Geography : : Subnational Evidence from the United States / / Alma Romero-Barrutieta, Eric Clifton

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-9117-6

1-4527-5619-8

1-283-51903-8

9786613831484

1-4519-8613-0

Descrizione fisica

1 online resource (26 p.)

Collana

IMF Working Papers

Altri autori (Persone)

CliftonEric

Soggetti

Economic development

Economic geography

Econometrics

Macroeconomics

Public Finance

Poverty and Homelessness

Welfare, Well-Being, and Poverty: General

Personal Income, Wealth, and Their Distributions

Estimation

Taxation, Subsidies, and Revenue: General

Econometric Modeling: General

Poverty & precarity

Econometrics & economic statistics

Public finance & taxation

Poverty

Personal income

Estimation techniques

Institutional arrangements for revenue administration

Spatial models

Econometric models

Income

Revenue

United States



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"July 2006".

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. INSTITUTIONS AND GEOGRAPHY""; ""III. DATA""; ""IV. EVIDENCE""; ""V. CONCLUSIONS""; ""References""

Sommario/riassunto

Empirical studies of the impact of geography and institutions on growth and development at the international level have become common place, but the high degree of abstraction at that level has led to calls for subnational studies. This paper examines these issues for a region of the United States, Appalachia, where the specific factors at play are identified and measured thus obviating the need for instrumental variable techniques. The evidence suggests that initial conditions, including both geography and institutions, are very important for economic development, having significant effects lasting hundreds of years.