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The Handbook of Historical Economics PDF

976 Pages·2020·27.926 MB·English
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The Handbook of Historical Economics The Handbook of Historical Economics Edited by Alberto Bisin Giovanni Federico AcademicPressisanimprintofElsevier 125LondonWall,LondonEC2Y5AS,UnitedKingdom 525BStreet,Suite1650,SanDiego,CA92101,UnitedStates 50HampshireStreet,5thFloor,Cambridge,MA02139,UnitedStates TheBoulevard,LangfordLane,Kidlington,OxfordOX51GB,UnitedKingdom Copyright©2021ElsevierInc.Allrightsreserved. Nopartofthispublicationmaybereproducedortransmittedinanyformorbyanymeans,electronicormechanical, includingphotocopying,recording,oranyinformationstorageandretrievalsystem,withoutpermissioninwritingfromthe publisher.Detailsonhowtoseekpermission,furtherinformationaboutthePublisher’spermissionspoliciesandour arrangementswithorganizationssuchastheCopyrightClearanceCenterandtheCopyrightLicensingAgency,canbefound atourwebsite:www.elsevier.com/permissions. ThisbookandtheindividualcontributionscontainedinitareprotectedundercopyrightbythePublisher(otherthanasmay benotedherein). Notices Knowledgeandbestpracticeinthisfieldareconstantlychanging.Asnewresearchandexperiencebroadenour understanding,changesinresearchmethods,professionalpractices,ormedicaltreatmentmaybecomenecessary. Practitionersandresearchersmustalwaysrelyontheirownexperienceandknowledgeinevaluatingandusingany information,methods,compounds,orexperimentsdescribedherein.Inusingsuchinformationormethodstheyshouldbe mindfuloftheirownsafetyandthesafetyofothers,includingpartiesforwhomtheyhaveaprofessionalresponsibility. Tothefullestextentofthelaw,neitherthePublishernortheauthors,contributors,oreditors,assumeanyliabilityforany injuryand/ordamagetopersonsorpropertyasamatterofproductsliability,negligenceorotherwise,orfromanyuseor operationofanymethods,products,instructions,orideascontainedinthematerialherein. LibraryofCongressCataloging-in-PublicationData AcatalogrecordforthisbookisavailablefromtheLibraryofCongress BritishLibraryCataloguing-in-PublicationData AcataloguerecordforthisbookisavailablefromtheBritishLibrary ISBN:978-0-12-815874-6 ForinformationonallAcademicPresspublications visitourwebsiteathttps://www.elsevier.com/books-and-journals Publisher:BrianRomer EditorialProjectManager:LizHeijkoop ProductionProjectManager:PunithavathyGovindaradjane Designer:MatthewLimbert TypesetbyVTeX Contents Mergeroracquisition?AnintroductiontoTheHandbookofHistoricalEconomics ........ xv Alberto Bisin and Giovanni Federico PART 1 WHAT IS HISTORICAL ECONOMICS CHAPTER1 Theeconomichistoryofeconomichistory:theevolutionofafieldin economics ................................................ 3 Robert A. Margo CHAPTER2 Thetworevolutionsineconomichistory .......................... 17 Martina Cioni, Giovanni Federico, and MichelangeloVasta CHAPTER3 Historyasevolution ......................................... 41 Nathan Nunn PART 2 SOURCES AND METHODS CHAPTER4 Historicaldata:wheretofindthem,howtousethem ................. 95 Paola Giuliano and Andrea Matranga CHAPTER5 Theuseofarchaeologicaldataineconomics ...................... 125 Andrea Matranga and Luigi Pascali CHAPTER6 Ethnographicandfielddatainhistoricaleconomics ................. 147 Sara Lowes CHAPTER7 HistoricalEconometrics:InstrumentalVariablesandRegressionDiscontinuity Designs .................................................. 179 Felipe ValenciaCaicedo CHAPTER8 Historicalnaturalexperiments:bridgingeconomicsandeconomichistory . 213 Davide Cantoni and Noam Yuchtman CHAPTER9 Persistence–mythandmystery ................................ 243 Hans-Joachim Voth CHAPTER10 LATEforhistory ............................................ 269 Alberto Bisin and Andrea Moro CHAPTER11 Dynamicgeneralequilibriummodelingoflongandshort-runhistorical events ................................................... 297 Gary D. Hansen, Lee E. Ohanian, and Fatih Ozturk CHAPTER12 Money,banking,andold-schoolhistoricaleconomics ................ 335 Eric Monnet and François R. Velde v vi Contents CHAPTER13 Institutionalchangeandinstitutionalpersistence ................... 365 Daron Acemoglu, Georgy Egorov, and Konstantin Sonin CHAPTER14 Howinstitutionsandcultureschange:anevolutionaryperspective ....... 391 Samuel Bowles, Jung-Kyoo Choi, Sung-Ha Hwang, and Suresh Naidu CHAPTER15 Statepowerandconflictdrivenevolution ......................... 435 David K. Levine and Salvatore Modica CHAPTER16 Culture,institutions,andpolicy ................................ 463 Torsten Persson and Guido Tabellini CHAPTER17 Phasediagramsinhistoricaleconomics:cultureandinstitutions ........ 491 Alberto Bisin and Thierry Verdier PART 3 TOPICS CHAPTER18 Theeconomichistoryofcommoditymarketdevelopment .............. 525 Giovanni Federico CHAPTER19 WhyAfricaisnotthat poor .................................... 557 Ewout Frankema CHAPTER20 Religionineconomichistory:asurvey ........................... 585 Sascha O. Becker, Jared Rubin, and Ludger Woessmann CHAPTER21 Persistentfailure?InternationalinterventionssinceWorldWarII ........ 641 Matt Malis, Pablo Querubin, and Shanker Satyanath CHAPTER22 Theancientoriginsofthewealthofnations ....................... 675 Quamrul H. Ashraf, Oded Galor, and Marc Klemp CHAPTER23 Socialmobilityinhistoricaleconomics ........................... 719 Gregory Clark CHAPTER24 TheIndustrialRevolutionandtheGreatDivergence:recentfindingsfrom historicalnationalaccounting ................................. 749 Stephen Broadberry CHAPTER25 Attitudes,aptitudes,andtherootsofthegreatenrichment ............. 773 Joel Mokyr CHAPTER26 Theinterplayamongwages,technology,andglobalization:thelabormarket andinequality,1620-2020.................................... 795 Robert C. Allen CHAPTER27 DebtandtaxesineightU.S.warsandtwoinsurrections............... 825 George J. Hall and Thomas J. Sargent CHAPTER28 Biogeography,writing,andtheoriginsofthestate ................... 881 David Stasavage Contents vii CHAPTER29 Thewife’sprotector:aquantitativetheorylinkingcontraceptivetechnology withthedeclineinmarriage ................................... 903 Jeremy Greenwood, Nezih Guner, and Karen A. Kopecky Index................................................................ 945 List of contributors DaronAcemoglu MassachusettsInstituteofTechnology,Cambridge,MA,UnitedStates RobertC.Allen FacultyofSocialScience,NewYorkUniversityAbuDhabi,AbuDhabi,UnitedArabEmirates QuamrulH.Ashraf DepartmentofEconomics,WilliamsCollege,Williamstown,MA,UnitedStates SaschaO.Becker MonashUniversity,Melbourne,Victoria,Australia UniversityofWarwick,Coventry,UnitedKingdom CAGE,Coventry,UnitedKingdom CEPR,London,UnitedKingdom CESifo,Munich,Germany IZA,Bonn,Germany ROA,Maastricht,Netherlands ifoInstitute,Munich,Germany AlbertoBisin DepartmentofEconomics,NewYorkUniversity,NewYork,NY,UnitedStates NBER,Cambridge,MA,UnitedStates CEPR,London,UnitedKingdom SamuelBowles SanteFeInstitute,SantaFe,NM,UnitedStates StephenBroadberry NuffieldCollege,Oxford,UnitedKingdom DavideCantoni Ludwig-Maximilians-UniversitätMunich,Munich,Germany CEPR,London,UnitedKingdom CESifo,Munich,Germany Jung-KyooChoi KyungpookNationalUniversity,Daegu,RepublicofKorea MartinaCioni DepartmentofEconomicsandStatistics,UniversityofSiena,Siena,Italy ix x List of contributors GregoryClark DepartmentofEconomics,UniversityofCalifornia,Davis,CA,UnitedStates DepartmentofEconomicHistory,LSE,London,UnitedKingdom CEPR,London,UnitedKingdom GeorgyEgorov NorthwesternUniversity–KelloggSchoolofManagement,Evanston,IL,UnitedStates NBER,Cambridge,MA,UnitedStates GiovanniFederico DivisionofSocialSciences,NYUAD,AbuDhabi,UnitedArabEmirates CEPR,London,UnitedKingdom EwoutFrankema WageningenUniversity,Wageningen,TheNetherlands OdedGalor DepartmentofEconomics,BrownUniversity,Providence,RI,UnitedStates PaolaGiuliano UCLA,LosAngeles,CA,UnitedStates NBER,Cambridge,MA,UnitedStates CEPR,London,UnitedKingdom IZA,Bonn,Germany JeremyGreenwood UniversityofPennsylvania,Philadelphia,PA,UnitedStates NezihGuner CEMFI,Madrid,Spain GeorgeJ.Hall BrandeisUniversity,Waltham,MA,UnitedStates GaryD.Hansen UCLA,LosAngeles,CA,UnitedStates NBER,Cambridge,MA,UnitedStates Sung-HaHwang KoreanAdvancedInstituteofScienceandTechnology(KAIST),Seoul,RepublicofKorea MarcKlemp DepartmentofEconomics,UniversityofCopenhagen,CopenhagenK,Denmark KarenA.Kopecky FederalReserveBankofAtlanta,Atlanta,GA,UnitedStates List of contributors xi DavidK.Levine DepartmentofEconomics,RSCASEuropeanUniversity,SanDomenicodiFiesole,Italy DepartmentofEconomics,WUSTL,St.Louis,MO,UnitedStates SaraLowes UCSanDiego,LaJolla,CA,UnitedStates NBER,Cambridge,MA,UnitedStates CanadianInstituteforAdvancedResearch(CIFAR),Toronto,ON,Canada MattMalis WilfFamilyDepartmentofPolitics,NewYorkUniversity,NewYork,NY,UnitedStates RobertA.Margo BostonUniversity,Boston,MA,UnitedStates AndreaMatranga ChapmanUniversity,Orange,CA,UnitedStates SalvatoreModica DepartmentofEconomics,BusinessandStatistics(SEAS),UniversitàdiPalermo,Palermo,Italy JoelMokyr DepartmentsofEconomicsandHistory,NorthwesternUniversity,Evanston,IL,UnitedStates BerglasSchoolofEconomics,TelAvivUniversity,TelAviv,Israel EricMonnet ParisSchoolofEconomics,Paris,France AndreaMoro DepartmentofEconomics,VanderbiltUniversity,Nashville,TN,UnitedStates SureshNaidu ColumbiaUniversity,NewYork,NY,UnitedStates NBER,Cambridge,MA,UnitedStates NathanNunn HarvardUniversity,Cambridge,MA,UnitedStates CanadianInstituteforAdvancedResearch(CIFAR),Toronto,ON,Canada LeeE.Ohanian UCLA,LosAngeles,CA,UnitedStates NBER,Cambridge,MA,UnitedStates FatihOzturk UCLA,LosAngeles,CA,UnitedStates

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