Replication data for: The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth
Principal Investigator(s): View help for Principal Investigator(s) Daron Acemoglu; Simon Johnson; James Robinson
Version: View help for Version V1
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Project Citation:
Acemoglu, Daron, Johnson, Simon, and Robinson, James. Replication data for: The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth. Nashville, TN: American Economic Association [publisher], 2005. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-06. https://doi.org/10.3886/E116047V1
Project Description
Summary:
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The rise of Western Europe after 1500 is due largely to growth in countries with access to the Atlantic Ocean and with substantial trade with the New World, Africa, and Asia via the Atlantic. This trade and the associated colonialism affected Europe not only directly, but also indirectly by inducing institutional change. Where "initial" political institutions (those established before 1500) placed significant checks on the monarchy, the growth of Atlantic trade strengthened merchant groups by constraining the power of the monarchy, and helped merchants obtain changes in institutions to protect property rights. These changes were central to subsequent economic growth.
Scope of Project
JEL Classification:
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F43 Economic Growth of Open Economies
N13 Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Europe: Pre-1913
O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
F43 Economic Growth of Open Economies
N13 Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Europe: Pre-1913
O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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