The deep roots of economic development in the U.S. states: an application of Putterman and Weil (2010)

The “Deep Roots” literature investigates the effects of ancient cultural variables on economic outcomes. We extend Putterman and Weil’s (Q J Econ 125(4):1627–1682, 2010 ) inquiry into the effects of State History and Agricultural History to the economic output in ethnically and racially diverse fift...

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Bibliographic Details
Published in:Journal of bioeconomics 2018-07, Vol.20 (2), p.227-242
Main Authors: Murphy, Ryan H., Nowrasteh, Alex
Format: Article
Language:English
Subjects:
Agricultural history
Agronomy
Behavioral Sciences
Economic development
Economic growth
Economic theory
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Environmental Economics
History
Immigration
Impact analysis
Institutions
Law and Economics
Political Science
Roots
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Summary:The “Deep Roots” literature investigates the effects of ancient cultural variables on economic outcomes. We extend Putterman and Weil’s (Q J Econ 125(4):1627–1682, 2010 ) inquiry into the effects of State History and Agricultural History to the economic output in ethnically and racially diverse fifty U.S. States. The ethnic and racial differences across the populations of the fifty U.S. states vary considerably due to historical immigration and slave flows that, as a result, produced radically different State History and Agricultural History scores across the states. Results derived from Putterman and Weil’s methodology do not robustly predict per capita levels of economic output across U.S. States. We also investigate the institutions channel, and find that they impact some measures of institutions, but they do not impact the quality of economic institutions which may be essential for promoting economic growth and development.
ISSN:1387-6996
1573-6989
DOI:10.1007/s10818-017-9255-x