Religion and Economic Development: Past, Present, and Future
Abstract: This chapter examines the role of religion in economic development, both historically and today. Religion’s influence varies globally, with high religiosity in countries like Pakistan and low rates in China. Despite declines in some Western countries, religion remains influential worldwide, with projected growth in Muslim populations due to higher fertility rates. Religion continues to […]
Irish GDP Since Independence
Abstract: This paper constructs annual GDP estimates for Ireland (1924-47) to join the first complete official aggregates. The new series is deployed to revisit Ireland’s economic performance in the post-independence decades. Ireland’s economy grew at 1.5 per cent per annum and average living standards improved by 40 per cent. The bulk of this was due […]
The Births, Lives And Deaths Of Corporations In Late Imperial Russia
Abstract: Enterprise creation, destruction and evolution support the transition to modern economic growth, yet these processes are poorly understood in industrialising contexts. We investigate Imperial Russia’s industrial development at the firm level by examining entry, exit and persistence of corporations. Relying on newly developed balance sheet panel data from every non-financial Russian corporation (more than […]
Songlines
Abstract: This paper examines the long-term economic impacts of the adoption of local knowledge during European colonisation. We use the case of Australia, where Aboriginal knowledge of the landscape was integral to colonial exploration and settlement. To quantify the effects of this knowledge, we construct a newly digitised and georeferenced dataset of trade routes created […]
The Good Friday Agreement at 25: has there been a peace dividend?
Abstract: The Good Friday Agreement ended a three decades-long conflict in Northern Ireland. Peace has brought some economic improvements, including lower unemployment, higher wages for low earners and the arrival of new industries. But progress in other areas – particularly productivity – has been limited. Cite as: Graham Brownlow, David Jordan and John Turner, ‘The […]
‘Getting to Denmark’: the role of agricultural elites for development
Abstract: We explore the role of elites for development and the spread of industrialized dairying in Denmark in the 1880s. We demonstrate that the location of early proto-modern dairies, introduced by landowning elites from northern Germany in the eighteenth century, explains the location of industrialized dairying in 1890: an increase of one standard deviation in […]
Tracing Sustainability In The Long Run: Genuine Savings Estimates 1850 – 2018
Abstract: We introduce a new database of historical Genuine Savings (GS), an indicator of sustainable development promoted by the World Bank and widely used in contemporary economic research. GS derives from the theoretical work on wealth accounting, and addresses shortcomings in conventional metrics of economic development by incorporating broader measures of saving and investment, including […]
Northern Ireland and the economic consequences of Brexit: taking back control or perpetuating underperformance?
Abstract: This paper investigates the economic implications of Brexit by making recourse to original archival studies as well as the literatures concerning modern British and European economic history as well as the Two Irelands. An overriding lesson is that Northern Ireland, like the UK as whole, has suffered from weaknesses in competition and productivity that […]
Financing industrial corporations in a developing economy: panel evidence from Imperial Russia
Abstract: This article explores the financing of early industrial corporations using newly constructed panel data from Imperial Russian balance sheets. We document how corporate capital structures and dividend payout policies reflected internal agency issues, information asymmetries with external investors, lifecycle considerations, and other frictions present in the Russian context. In particular, we find that widely […]
Public Good or Public Bad? Indigenous Institutions and the Demand for Public Goods
Abstract: This paper argues that the underprovision of public goods can be partly explained by lower demand from Indigenous groups with high preferences for Indigenous identity and a high capacity for coordination. Examining the post-Mexican Revolution period (1920s-1950s), when the state used the first road network for nation-building, our diff-in-diff analysis shows that pre-colonial political […]
The Long-Run Effects of Temporarily Closing Schools: Evidence from Virginia, 1870s-1910s
Abstract: New hand-collected school administrative data from 1870s Virginia, alongside linked individual US Census records, reveals that temporary school closures had lasting effects on literacy and income in adulthood. Those affected by the closures had lower intergenerational economic mobility, particularly those from low-income backgrounds. The age at which the closures occurred also played a role […]
The fiscal state in Africa: Evidence from a century of growth
Abstract: What is the level of state capacity in developing countries today, and what have been its drivers over the past century? We construct a comprehensive new data set of tax and revenue collection for forty-six African polities from 1900 to 2015. Our data show that polities in Africa have been characterized by strong growth […]
How Has the Gender Earnings Gap in Ireland Changed in Thirty Years?
Abstract: Since 1987, the wages of women in Ireland have been growing faster than those of men. This, coupled with a decrease in the average hours worked by men, has resulted in a reduction in the gender earnings gap in Ireland, most notably at the bottom of the earnings distribution. This paper provides a descriptive […]
High-speed broadband availability, Internet activity among older people, quality of life and loneliness
Abstract: Using data from The Irish Longitudinal Study on Ageing (TILDA), linked to administrative data on high-speed broadband availability from infrastructure maps, this study examines patterns of Internet uses and psychosocial outcomes for over 3500 people aged 50 plus across Ireland. High-speed broadband availability is associated with higher reported levels of home Internet access, greater […]
Racial Diversity and Racial Policy Preferences: The Great Migration and Civil Rights
Abstract: Between 1940 and 1970, more than 4 million African Americans moved from the South to the North of the US, during the Second Great Migration. This same period witnessed the struggle and eventual success of the civil rights movement in ending institutionalized racial discrimination. This article shows that the Great Migration and support for […]
From Immigrants to Americans: Race and Assimilation during the Great Migration
Abstract: How does the arrival of a new minority group affect the social acceptance and outcomes of existing minorities? We study this question in the context of the First Great Migration. Between 1915 and 1930, 1.5 million African Americans moved from the U.S. South to Northern urban centres, which were home to millions of European […]
Winners and losers from agrarian reform: Evidence from Danish land inequality 1682–1895
Abstract: Pro-market and pro-farmer agrarian reforms enacted in eighteenth century Denmark laid the basis for rural development but we demonstrate that they also resulted in increased inequality. We investigate this using a novel parish-level database spanning more than two centuries. We identify the impact of land quality on inequality following the reforms by instrumenting with soil […]
A time to print, a time to reform
Abstract: The public mechanical clock and movable type printing press were arguably the most important and complex technologies of the late medieval period. We posit that towns with clocks became upper-tail human capital hubs—clocks required extensive technical know-how and fine mechanical skill. This meant that clock towns were in position to adopt the printing press […]
The Irish economy during the century after partition
Abstract: This article provides a centennial overview of the Irish economy in the one hundred years following partition and independence. A comparative perspective allows us to distinguish between those aspects of Irish policies and performance that were unique to the country, and those which mirrored developments elsewhere. While Irish performance was typical in the long […]
Financial Inclusion with Hybrid Organizational Forms: Microfinance, Philanthropy, and the Poor Law in Ireland, c. 1836–1845
Abstract: The turbulent 1830s saw a sequence of great political and social reforms in the United Kingdom. One such reform was the introduction of a locally funded Poor Law in Ireland. The development of a nascent welfare system in 1838 coincided with a boom in the formation of microfinance institutions in Ireland. The focus of […]
Folklore
Abstract: Folklore is the collection of traditional beliefs, customs, and stories of a community passed through the generations by word of mouth. We introduce to economics a unique catalog of oral traditions spanning approximately 1,000 societies. After validating the catalog’s content by showing that the groups’ motifs reflect known geographic and social attributes, we present […]
On the economic effects of Indigenous institutions: Evidence from Mexico
Abstract: While Indigenous institutions affect policy outcomes and, consequently, economic development, our understanding of this association is as yet unclear. This paper examines this relationship using land reform in Mexico as a case study. Between 1917 and 1992, the rights to 16 million hectares of ancestral land were transferred to the Indigenous population in the […]
Rural Transformation, Inequality, and the Origins of Microfinance
Abstract: What determines the development of rural financial markets? Starting from a simple theoretical framework, we derive the factors shaping the market entry of rural microfinance institutions across time and space. We provide empirical evidence for these determinants using the expansion of credit cooperatives in the 236 eastern counties of Prussia between 1852 and 1913. […]
Occupational structure in Ireland in the nineteenth century: data sources and avenues of exploration
Abstract: This paper considers structural change in post-Famine Ireland through an examination of changes in the allocation of the labour force across three broad production sectors: primary, secondary and tertiary. To do so, it makes extensive use of the Irish Census of Population from 1821 to 1911 as a source of occupational information. While there […]
Pre-colonial institutions and socioeconomic development: The case of Latin America
Abstract: We study the effects of pre-colonial institutions on present-day socioeconomic outcomes for Latin America. Our thesis is that more advanced pre-colonial institutions relate to better socioeconomic outcomes today. We advance that pre-colonial institutions survived to our days thanks to the existence of largely self-governed Amerindian communities in rural Latin America. Amerindians groups with more […]
Convergence in the pre-1914 Atlantic economy: what really happened to wages in Ireland between 1881 and 1911?
Abstract: After the Famine, Irish wages caught up to those of Great Britain. Catch-up is ascribed to globalised labour markets and the effects of emigration. However current estimates of the level of Irish wages and their rate of growth are based on a small sample of the male workforce. This article presents estimates of the […]
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