Failing to level up? Industrial policy and productivity in interwar Northern Ireland
Abstract: Northern Ireland’s productivity performance has persistently been the worst of any UK region. This is despite having the apparent benefit of subnational industrial policy since the 1920s. Can institutions – through the interaction between business and local policymakers – explain this longstanding productivity gap? Existing literature focuses on post-war policy in Northern Ireland, but […]
No Kin in the Game: Moral Hazard and War in the U.S. Congress
Abstract: We study agency frictions in the United States Congress. We examine the longstanding hypothesis that political elites engage in conflict because they fail to internalize the associated costs. We compare the voting behavior of legislators with draft age sons versus draft age daughters during the conscription-era wars of the20th century. We estimate that having […]
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 […]
Business Establishment Opposition to Southern Ireland’s Exit from the United Kingdom
Abstract: After more than a century of political and economic integration, Southern Ireland exited the United Kingdom in 1922. By identifying the leading business firms of the era and the political and religious allegiances of their owners, this paper explores the perspective of the Southern Irish business establishment on the issues involved. While the mass […]
The Northern Ireland Productivity Dashboard
Abstract: Northern Ireland has the worst productivity performance of any region in the UK. The most recent data shows productivity in Northern Ireland is 17% below the UK average. It also lags behind the Republic of Ireland, where productivity is around 29% higher than the UK average. This dashboard, produced for the Northern Ireland Productivity […]
Business Creation and Political Turmoil: Ireland versus Scotland before 1900
Abstract: What effect does political instability in the form of a potential secession from a political union have on business formation? Using newly collected data on business creation, we show that entrepreneurial activity in Ireland in the late nineteenth century was much lower than Scotland, and this divergence fluctuated over time. Several factors may have […]
Statutory incidence and sales tax compliance: Evidence from Wayfair
Abstract: This paper studies the compliance, pricing, and progressivity effects of changing statutory incidence. The Wayfair Supreme Court decision granted U.S. states new authority to shift the statutory incidence of taxation from consumers to online and out-of-state retailers, forcing supply-side remittance of the sales tax. With state-level data, we find this increased sales tax revenues by 7.9 […]
Capital market development over the long run: the portfolios of UK life assurers over two centuries
Abstract: What shapes and drives capital market development over the long run? In this paper, using the asset portfolios of UK life assurers, we examine the role of regulation, historical contingency, and political reactions to events on the long-run development of the UK capital market. Government response to events such as war, hegemony-secured peace, and […]
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 […]
The settlers’ fortunes: Comparing tax censuses in the Cape Colony and early American republic
Abstract: Europeans at the end of the eighteenth century had settled across the globe, from North and South America to Australia to the southern tip of Africa. While theories of institutional persistence explain the ‘reversal of fortunes’ between settled and unsettled regions, few studies consider the large differences in early living standards between settler societies. […]
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 […]
Who donates to revolutionaries? Evidence from post-1916 Ireland
Abstract: This paper analyzes the determinants of providing financial support to revolutionaries, using a hand-compiled dataset of 17,000 donations to the Irish National Aid Association after the Easter Rising of 1916. Financial support is best predicted by literacy, marital status, religious affiliation, and relatively high socio-economic status. In this sense, donations to revolutionaries share some characteristics […]
Why It Matters What Autocrats Say: Assessing Competing Theories of Propaganda
Abstract: This article investigates two accounts of political propaganda in autocratic regimes. One argues that propaganda’s content does not matter substantively and that propaganda is mostly a signal of the regime’s overwhelming power over citizens. A second argues that propaganda is substantively meaningful: autocrats may communicate strategically either by attracting attention through highlighting the regime’s […]
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 […]
Antitrust Policies and Profitability in Nontradable Sectors
Abstract: Firms in tradable sectors are more likely to be subject to external competition to limit market power, while nontradable firms are more dependent on domestic policies and institutions. This paper combines an antitrust index available for multiple countries with firm-level data from Orbis covering more than 12 million firms from 94 countries, including 20 […]
Private Contracting, Law and Finance
Abstract: In the late nineteenth century Britain had almost no mandatory shareholder protections, but had very developed financial markets. We argue that private contracting between shareholders and corporations meant that the absence of statutory protections was immaterial. Using circa 500 articles of association from before 1900, we code the protections offered to shareholders in these […]
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