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Lecture 9 Notes

Lecture 9 Notes - How Deep are the Roots of Economic...

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How Deep are the Roots of Economic Development? Enrico’ Spolaore’and’ Romain’ Wacziarg’ Journal of Economic Literature, 2012’
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Geography’ Culture’ Ins>tu>ons’ Income’ Technology’ Capital’
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Geography’ Culture’ Ins>tu>ons’ Income’ Technology’ Capital’ Direct’ Indirect’
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Geography’ Culture’ Ins>tu>ons’ Income’ Technology’ Capital’ ?’ ?’ ?’ ?’ ?’
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Geography’ Culture’ Ins>tu>ons’ Income’ Technology’ Capital’
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Defining Culture In’the’dic>onary:’ “the’customs,’arts,’social’ins>tu>ons,’and’achievements’of’a’par>cular’na>on,’people,’or’ other’social’group.”’ “the’a±tudes’and’behavior’characteris>c’of’a’par>cular’social’group.”’ ’ ’(Google)’ In’Anthropology’ ’“’the’range’of’human’phenomena’that’cannot’be’directly’aNributed’to’gene>c’inheritance”’ ’ (Wikipedia)’ In’Economics’ Preferences?’Expecta>ons?’Whatever’is’leR’over’aRer’deFning’technology,’ins>tu>ons’and’ social’capital?’ In’this’paper:’ “informa>on’capable’of’a²ec>ng’individual³s’behavior’that’they’acquire’from’other’ members’of’their’species’through’teaching,’imita>on,’and’other’forms’of’social’ transmission.”’ ’ (via’ ´icherson’and’Boyd,’2005)’
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Geography’ Culture/Biology’ Ins>tu>ons’ Income’ Technology’ Capital’ ter-genera>onally’ ransmiNed’traits’ la4on ’characteris>cs)’
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Overview Review’and’replica>on’of’key’results’regarding:’ Geography’and’Development’ Culture’and’Ancestry’ Taxonomy’of’Inheritance’channels’ Data:’ Log’per’capita’income’in’2005’from’the’Penn’World’Tables,’version’6.3’ Popula>on’density’in’1500’from’ McEvedy’and’Jones,’1978’ SpeciFc’series’from’individual’papers’as’noted’
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(Bio)geography and Development Large’literature’documen>ng’strong’correla>ons’between’current’ income’and’biogeographic’variables’ Key’Correlates:’ Climate’and’Temperature’ Disease’ Natural’Resources’ Transporta>on’Condi>ons’
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Biogeographic Mechanisms Direct’(detrimental)’efects’oF’tropical’geography’ Sachs,’2001;’Master’and’McMillan,’2001’ Low’agricultural’produc>vity’and’high’disease’burden’reduces’contemporaneous’ produc>vity’
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Biogeographic Mechanisms Indirect’historical’influences’ Diamond,’1997;’Olson’and’ Hibbs’,2005’ Local’ domes>catable’species’and’ease’of’agricultural’technology’diFusion’(con>nental’ axis)’give’a’head’start’on’technology’and’disease’(“guns,’germs’and’steel”)’ Engerman’and’ SokoloF,’1997,’2002;’ Acemoglu,’Johnson’and’Robinson,’2001,’ 2002;’Easterly’and’Levine,’2003’
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Lecture 9 Notes - How Deep are the Roots of Economic...

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