161 0091 0189 0116 0236 0154 0899 0382 0158 0096 0203

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Unformatted text preview: 1850 year dummy French Revolution x 1900 year dummy -0.161 [0.091] -0.189 [0.116] -0.236 [0.154] 0.899 [0.382] -0.158 [0.096] -0.203 [0.115] -0.234 [0.155] 0.914 [0.394] -0.161 [0.091] -0.197 [0.120] -0.214 [0.163] 0.847 [0.396] -0.136 [0.105] -0.194 [0.115] -0.192 [0.153] 1.137 [0.422] -0.129 [0.104] -0.153 [0.120] -0.143 [0.161] 1.169 [0.400] p-value for joint significance ”French Revolution” after 1800 p-value for joint significance of ”latitude” interactions p-value for joint significance of ”initial urbanization” interactions p-value for joint significance of ”protestantism” interactions 0.001 0.001 0.002 0.001 Daron Acemoglu, Davide Cantoni, Simon Johnson, James Robinson 0.001 0.064 0.332 0.359 0.563 0.055 0.114 Definition of treatment Years of French Presence Years of French Presence Years of French Presence Years of French Presence Years of French Presence Observations Countries R-squared 202 41 0.87 202 41 0.88 202 41 0.88 202 41 0.88 202 41 0.89 Introduction Historical background Cross-country evidence Within-Germany Evidence Reforms in Germany Conclusion Table 6 Country Level Impact of French Revolution: Urbanization Dependent variable: Urbanization (Percent living in cities above 5000 inh.) FE OLS FE OLS FE OLS A.-Bond GMM (2) (3) (4) (5) French Revolution x 1750 year dummy French Revolution x 1800 year dummy French Revolution x 1850 year dummy French Revolution x 1900 year dummy Lagged dependent variable -0.152 [0.092] -0.159 [0.113] -0.179 [0.144] 1.001 [0.374] -0.192 [0.089] -0.133 [0.118] -0.157 [0.148] 0.742 [0.383] -0.345 [0.091] -0.353 [0.140] -0.31 [0.094] 0.283 [0.227] p-value for joint significance ”French Revolution” after 1800 0.001 0.014 0.004 0.000 Years of French Presence Years of French Presence Years of French Presence Years of French Presence Excluding the UK Excluding Eastern Europe Excluding Italy and Germany Y N N Y Y N Y N Y N N N Observations Countries R-squared 197 40 0.88 152 31 0.9 99 20 0.85 120 41 Definition of treatment 0.838 [0.69] -0.100 [0.43] 1.057 [0.38] 0.511 [1.00] The Consequences of Radical Reform: The French Revolution Daron Acemoglu, Davide Cantoni, Simon Johnson, James Robinson Introduction Historical background Cross-country evidence Within-Germany Evidence Reforms in Germany Conclusion Within-Germany Evidence We now exploit the variation within Germany. Interesting because we can focus on more comparable treatment and control groups, but also because we can use information about the actual implementation of reforms. Also important because we can take into account the effects of defensive modernization (Prussia, Bavaria. . . ) and the fact that after the Congress of Vienna reforms were often reversed in places where previous rulers returned. Defensive modernization may be biasing estimates downwards, conservative ‘reaction’ may be biasing them up. We use the same three treatments as before and use them as our instrument for institutional reforms. Basic results very consistent with cross-country evidence. The Consequences of Radical Reform: The French Revolution Daron Acemoglu, Davide Cantoni, Simon Johnson, James Robinson Introduction Historical background Cross-country evidence Within-Germany Evidence Reforms in Germany Conclusion Reduced Form Results The Consequences of Radical Reform: The French Revolution Daron Acemoglu, Davide Cantoni, Simon Johnson, James Robinson Same setup as before Introduction General pattern is that parts of Germany...
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