1.

Record Nr.

UNINA9910823054003321

Autore

Clifton Eric V

Titolo

Institutions v. geography : sub-national evidence from the United States / / prepared by Eric V. Clifton and Alma Romero-Barrutieta

Pubbl/distr/stampa

[Washington, D.C.], : International Monetary Fund, c2006

ISBN

1-4623-9117-6

1-4527-5619-8

1-283-51903-8

9786613831484

1-4519-8613-0

Edizione

[1st ed.]

Descrizione fisica

1 online resource (26 p.)

Collana

IMF working paper ; ; WP/06/169

Altri autori (Persone)

Romero-BarrutietaAlma

Soggetti

Economic development

Economic geography

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.