TY - BOOK ID - 136290810 TI - Understanding long-run economic growth AU - Costa, Dora L AU - Lamoreaux, Naomi R PY - 2011 SN - 1283242222 9786613242228 0226116425 9780226116426 9781283242226 6613242225 9780226116341 0226116344 PB - Chicago London University of Chicago Press DB - UniCat KW - Economic development. KW - Economic history. KW - Sokoloff, Kenneth Lee. KW - economic growth, economy, geography, development, finance, inequality, land distribution, immigration policy, credit markets, innovation, discovery, technology, human capital, investment, incentives, resources, monopoly, nonfiction, economics, transportation companies, france, england, united kingdom, britain, frontier, urban, centralization, history, mortgage loans, debt, patents. UR - https://www.unicat.be/uniCat?func=search&query=sysid:136290810 AB - The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. Probing the long-term effects of early colonial differences on immigration policy, land distribution, and financial development in a variety of settings, Understanding Long-Run Economic Growth explores the relationship between economic conditions, growth, and inequality, with a focus on how the monopolization of resources by the political elite limits incentives for ordinary people to invest in human capital or technological discovery. Among the topics discussed are the development of credit markets in France, the evolution of transportation companies in the United Kingdom and the United States, and the organization of innovation in the United States. ER -