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https://hdl.handle.net/10316/110182
Title: | Historical European Institutions, Human Capital and Development: A Plausible Exogenous IV Approach to Developed Regions | Authors: | Sequeira, Tiago Murta, Daniel Santos, Marcelo |
Keywords: | Development, Regions, Historical Determinants Of Development | Issue Date: | 1-Oct-2022 | Publisher: | Empirical Economics Letters A Monthly International Journal of Economics | Volume: | 10 | Place of publication or event: | http://www.eel.my100megs.com/eel-ethical-and-malpractice-policy.htm | Abstract: | The literature on development has pointed out some deeply-rooted determinants of current economic development. Most research on the field has been devoted to developing countries or specific to single countries. We focus on deeply-rooted determinants of development of European regions, in particular on the influence of human capital. Following an identification strategy using a recently developed instrumental variable method for weakly exogenous instruments, we explore the historical links between current human capital and the presence of universities and trade guilds in medieval times, using a newly constructed database that we also describe. We show that human capital is an important determinant of income disparities across European regions. | URI: | https://hdl.handle.net/10316/110182 | ISSN: | 1681-8997 | Rights: | embargoedAccess |
Appears in Collections: | I&D CeBER - Artigos em Revistas Internacionais |
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5_220128_2022 October Reg paper_Tiago et al_EEL Portugal_Historical European Institutions , Human Capital.pdf | Historical European Institutions, Human Capital and Development: A Plausible Exogenous IV Approach to Developed Regions | 465.78 kB | Adobe PDF | View/Open |
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