Henry Sinden (2004) Flashcards

1
Q

Allen (2009)

A
  • Steam Engine was an outcome of tinkering, not the industrial revolution
  • It paid to invent the steam engine in Britain, because Britain had a large endowment of coal relative to labour, compared to other countries (high wage economy)
  • Hence puts geography forward, reasons for high wage not so clear
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2
Q

Acemoglu, Johnson, and Robinson (2001)

A
  • The quality of institutions is the most important factor in economic development. Inclusive institutions which provide a level playing field for all individuals and groups are necessary for sustained economic growth
  • The type of colonialism a nation experiences has a significant impact on its current economic development. Extractive institutions, established by colonisers to extract resources from colonies, have persisted in many countries and continue to hinder growth
  • Geography plays a role in determining economic development. Countries with favourable geography, such as those with access to waterways or natural resources, are more likely to develop than those without
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3
Q

Bazzi, Fiszbein, and Gebresilasse (2020)

A
  • Rugged individualism, which is a combination of individualism and anti-statism, is a prominent feature of American culture with deep roots in the country’s frontier culture, which would hamper the response to COVID-19
  • Across US counties, greater total frontier experience (TFE) is associated with less social distancing and mask use as well as weaker local government effort to control the virus.
  • The authors argue that frontier culture lies at the the root of several more proximate explanations for the weak collective response to public health risks, including a lack of civic duty, partisanship, and distrust in science.
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4
Q

David (1985)

A
  • The QWERTY layout became dominant because it was adopted by the first successful typewriter manufacturer, Remington, and other manufacturers followed suit to ensure compatibility
  • The cost of switching to a new keyboard layout was prohibitively high for typists who had already learned the QWERTY layout
  • The widespread adoption of QWERTY created a network effect that made it difficult for alternative keyboard layouts to gain acceptance
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5
Q

Persson, Gunnar, and Sharp (2015)

A

An Economic History of Europe from 600 to the present day.

No underlying argument, check individual chapters.

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6
Q

Rodrik, Subramanian, and Trebbi (2004)

A
  • The quality of institutions is the most important factor in determining income levels around the world. Indeed, the quality of institutions “trumps” everything else
  • They estimate the respective contributions of institutions, geography, and trade in determining income levels around the world, using recently developed instrumental variables for institutions and trade
  • They also find that trade is not a significant determinant of income once regional indicators and proxies for institutional quality are included
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7
Q

Blanning (2007)

A

In this text, the “Five revolutions which made modern Europe” are:
- The Scientific Revolution, which transformed the understanding of nature and the role of human reason
- The Industrial Revolution, which unleashed unprecedented economic growth and social change
- The American Revolution, which challenged the legitimacy of colonialism and monarchy
- The French Revolution, which overturned the old order and inspired a wave of radical movements across Europe
- The Romantic Revolution, which redefined the meaning of art, culture, and identity

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8
Q

Clark (2007)

A
  • The evolution of specific behaviours which first occurred in Britain was responsible to a divide between rich and poor nations.
  • Prior to 1790, Clark asserts that there was a Malthusian trap, and though technology enabled more food this was consumed by high populations
  • In Britain, however, as disease continually killed of poorer members of society, their positions were taken over by the descendants of the wealthy. In this way, less violent, more literate and more hard-working behaviour - middle-class values - were spread culturally and biologically throughout the UK.
  • This process of “downward social mobility” eventually enabled Britain to attain a rate of productivity which escaped the Malthusian trap.

Clark sees this process continuing to this day

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9
Q

Fouquet and Broadberry (2015)

A
  • Significant increase in per capita income in Europe between 1348 and 1780, followed by stagnation until the Industrial Revolution
  • The Black Death, which killed 1/3 of Europe’s population, led to a rise in wages and a decline in land rents, which in turn led to an increase in per capita income.
  • The paper argues that the Industrial Revolution was not a sudden event but rather the culmination of a long process of technological change that began in the late Middle Ages.
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10
Q

Hajnal (1965)

A
  • Women in Europe tended to marry at a later age than in other parts of the world, due to needing to accumulate sufficient wealth, importance of education, etc.
  • A significant proportion of the population remained unmarried throughout their lives. This was due to a variety of factors, including the high age of marriage and prevalence of celibacy
  • Most households in Europe were nuclear, consisting only of parents and their children, as contrast to other parts of the world where extended families were more common
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11
Q

Diamond (1999)

A
  • The differences between societies and societal development arise primarily from geographical causes, a theory known as geographic determinism
  • Eurasia developed faster as it was far more longitudinal than Africa and the Americas, thus allowing similar foods, beasts of burden, and technology to travel faster
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12
Q

Link (2023)

A
  • Paper shows how the geographic distribution of domesticable transport animals shaped differences in development
  • Strong relationship between the historical presence of domesticable transport animals and the emergence of long distance trade routes, as well as early forms of hierarchy
  • Such groups developed greater numerical skills, higher levels of class stratification, but also higher levels of labour specialisation
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13
Q

Bologna Pavlik and T. Young (2018)

A
  • Technologies spread more slowly North-South than they do East-West
  • It was costly to transport innovations from N-S due to climate variations, and some innovations, like selectively bred seeds, would have been less likely to survive N-S movements
  • The evidence is not significant in every estimation, however the results offer compelling support for the Diamond hypothesis
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14
Q

Fernandez-Villaverde et al. (Jan 2023)

A
  • Diamond (1997) argued that “fractured land” was responsible for China’s tendency toward political unification and Europe’s protracted polycentrism
  • Through a dynamic module of granular formations, they find that topography alone is sufficient, but not necessary, to explain polycentrism.
  • Differences in land productivity, in particular the existence of a core region of high land productivity in Northern China, also deliver the same result
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15
Q
A
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