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https://hdl.handle.net/10316/90228
Título: | Historical European Institutions, Human Capital and Development | Autor: | Sequeira, Tiago Miguel Guterres Neves Murta, Daniel Filipe Videira Santos, Marcelo Serra |
Palavras-chave: | Development, regions, historical determinants of development | Data: | 30-Jun-2020 | Relatório da Série N.º: | CeBER Working Paper 2020-11; | Local de edição ou do evento: | https://www.uc.pt/en/uid/ceber/working-paper?key=d06f7fc2 | Resumo: | The literature on development has pointed out some deeply-rooted determinants of current economic development. Most research on the field has been devoted to developing countries or specific to single countries. We focus on deeply-rooted determinants of development of European regions, in particular on the influence of human capital. Following an identification strategy using instrumental variables, we approach the historical links between current human capital and the presence of universities and trade guilds in medieval times. We show that human capital is an important determinant of income disparities across European regions, and that trade guilds and universities at 1500 are good instruments to track the exogenous influence of the current levels of human capital. This finding shows robustness to several econometric specifications. | URI: | https://hdl.handle.net/10316/90228 | Direitos: | openAccess |
Aparece nas coleções: | I&D CeBER - Working Papers |
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Ficheiro | Descrição | Tamanho | Formato | |
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wp-ceber-2020-11-1.pdf | Historical European Institutions, Human Capital and Development | 1.14 MB | Adobe PDF | Ver/Abrir |
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