Pub Date : 2025-01-16DOI: 10.1016/j.jce.2025.01.001
Franciscos Koutentakis
The paper studies the historical process of fiscal state-building in 19th and early 20th century Greece. A new public finance dataset, compiled from primary sources, is combined with international databases in a graphical network analysis revealing dynamic interactions between economic (tax revenue, debt payments and GDP per capita) and institutional variables (army and representation). The emphasis is on two particular results closely related to the fiscal capacity literature: The first is that war preparation, captured by the size of the army, had a positive effect on tax revenue. The second is that representation, measured by legislative constraints to executive, was detrimental for tax revenue.
{"title":"The making of the Greek fiscal state, 1833-1939","authors":"Franciscos Koutentakis","doi":"10.1016/j.jce.2025.01.001","DOIUrl":"10.1016/j.jce.2025.01.001","url":null,"abstract":"<div><div>The paper studies the historical process of fiscal state-building in 19<sup>th</sup> and early 20<sup>th</sup> century Greece. A new public finance dataset, compiled from primary sources, is combined with international databases in a graphical network analysis revealing dynamic interactions between economic (tax revenue, debt payments and GDP per capita) and institutional variables (army and representation). The emphasis is on two particular results closely related to the fiscal capacity literature: The first is that war preparation, captured by the size of the army, had a positive effect on tax revenue. The second is that representation, measured by legislative constraints to executive, was detrimental for tax revenue.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 1","pages":"Pages 243-271"},"PeriodicalIF":2.8,"publicationDate":"2025-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143444924","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-16DOI: 10.1016/j.jce.2025.01.004
Rohit Ticku , Raghul S. Venkatesh
Majoritarian identity politics has become salient in representative democracies. Why do parties engage in identity politics, and what are its consequences? We present a model of electoral competition in which parties capture voter groups based on their identity, and compete over an economic policy platform for the support of non-partisan voters. In addition, the party that caters to majoritarian interests makes a costly investment in polarizing identity. The investment provides subsequent payoffs to voters who have a preference for identity. When voter preferences over policy platforms are idiosyncratic in nature, greater investment in polarizing identity (i) increases both parties’ rents from office; and (ii) marginalizes minority voter interests. Further, the majoritarian party substitutes away from economic policy platforms. This enhances its overall payoffs in equilibrium and decreases that of the opposition party. We discuss the implications in the context of episodes of majoritarian identity politics in India, Turkey, Brazil, and the United States.
{"title":"Economics of majoritarian identity politics","authors":"Rohit Ticku , Raghul S. Venkatesh","doi":"10.1016/j.jce.2025.01.004","DOIUrl":"10.1016/j.jce.2025.01.004","url":null,"abstract":"<div><div>Majoritarian identity politics has become salient in representative democracies. Why do parties engage in identity politics, and what are its consequences? We present a model of electoral competition in which parties capture voter groups based on their identity, and compete over an economic policy platform for the support of non-partisan voters. In addition, the party that caters to majoritarian interests makes a costly investment in polarizing identity. The investment provides subsequent payoffs to voters who have a preference for identity. When voter preferences over policy platforms are idiosyncratic in nature, greater investment in polarizing identity <em>(i)</em> increases <em>both</em> parties’ rents from office; and <em>(ii)</em> marginalizes minority voter interests. Further, the majoritarian party substitutes away from economic policy platforms. This enhances its overall payoffs in equilibrium and decreases that of the opposition party. We discuss the implications in the context of episodes of majoritarian identity politics in India, Turkey, Brazil, and the United States.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 1","pages":"Pages 56-78"},"PeriodicalIF":2.8,"publicationDate":"2025-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143444980","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-13DOI: 10.1016/j.jce.2024.12.005
Arthur Blouin , Sayantan Ghosal , Sharun W. Mukand
We analyze whether the threat of capital flight “disciplines” governments and improves governance. Our findings show that the globalization of capital flows influences governance through two competing channels. When a government effectively manages domestic governance, it seeks to minimize exposure to sudden capital flight driven by external factors. In contrast, when a government fails to manage domestic governance, the threat of capital flight can impose discipline, improving governance and welfare by placing the country in a “golden straitjacket”—the disciplining effect. However, capital flight may also negatively affect governance quality. As a result, this paper proposes a novel and qualified role for modest capital controls. Finally, we present evidence consistent with the predictions of our theoretical framework.
{"title":"Globalization of capital flows and the (in)disciplining of nations","authors":"Arthur Blouin , Sayantan Ghosal , Sharun W. Mukand","doi":"10.1016/j.jce.2024.12.005","DOIUrl":"10.1016/j.jce.2024.12.005","url":null,"abstract":"<div><div>We analyze whether the threat of capital flight “disciplines” governments and improves governance. Our findings show that the globalization of capital flows influences governance through two competing channels. When a government effectively manages domestic governance, it seeks to minimize exposure to sudden capital flight driven by external factors. In contrast, when a government fails to manage domestic governance, the threat of capital flight can impose discipline, improving governance and welfare by placing the country in a “golden straitjacket”—the disciplining effect. However, capital flight may also negatively affect governance quality. As a result, this paper proposes a novel and qualified role for modest capital controls. Finally, we present evidence consistent with the predictions of our theoretical framework.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 1","pages":"Pages 209-226"},"PeriodicalIF":2.8,"publicationDate":"2025-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143444922","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-12DOI: 10.1016/j.jce.2025.01.003
Tibor Rutar , Minea Rutar
The impact of market liberalization on the subjective well-being (SWB) of societies has been thoroughly investigated over the past two decades using indexes of economic freedom. However, one crucial related aspect of well-being at the societal level remains unexplored with aggregate measures of liberalization: rates of suicide. The critical literature on liberalization suggests market reforms are expected to boost suicide. To our knowledge, we are the first to explore the issue using the Economic Freedom of the World (EFW) measure in a quasi-experimental framework. We do so by identifying 43 countries experiencing large, sustained jumps in economic freedom. We then use matching methods to obtain the average treatment effect in the 10 years following the jump. Our main finding, which is robust to a variety of alternative specifications, including a different estimator (synthetic difference-in-differences), is that we detect virtually no statistically significant positive effect of aggregate liberalization on suicide at the conventional level. Thus, we are unable to corroborate the critics’ prediction about reforms worsening this aspect of psychological well-being. We find evidence that individual reform packages, such as sound money, instead even work protectively.
{"title":"Liberalizing reforms do not cause suicide: Causal estimation using matching, 1980–2019","authors":"Tibor Rutar , Minea Rutar","doi":"10.1016/j.jce.2025.01.003","DOIUrl":"10.1016/j.jce.2025.01.003","url":null,"abstract":"<div><div>The impact of market liberalization on the subjective well-being (SWB) of societies has been thoroughly investigated over the past two decades using indexes of economic freedom. However, one crucial related aspect of well-being at the societal level remains unexplored with aggregate measures of liberalization: rates of suicide. The critical literature on liberalization suggests market reforms are expected to boost suicide. To our knowledge, we are the first to explore the issue using the Economic Freedom of the World (EFW) measure in a quasi-experimental framework. We do so by identifying 43 countries experiencing large, sustained jumps in economic freedom. We then use matching methods to obtain the average treatment effect in the 10 years following the jump. Our main finding, which is robust to a variety of alternative specifications, including a different estimator (synthetic difference-in-differences), is that we detect virtually no statistically significant positive effect of aggregate liberalization on suicide at the conventional level. Thus, we are unable to corroborate the critics’ prediction about reforms worsening this aspect of psychological well-being. We find evidence that individual reform packages, such as sound money, instead even work protectively.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 1","pages":"Pages 272-289"},"PeriodicalIF":2.8,"publicationDate":"2025-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143444925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-03DOI: 10.1016/j.jce.2024.12.003
Jian Xie , Song Yuan
What determines the prevalence of family firms? In this project, we investigate the role of historical family culture in the spatial distribution of family firms. Using detailed firm-level data from China, we find that there is a larger share of family firms in regions with a stronger historical family culture, as measured by genealogy density. The results are further confirmed by an instrumental variables approach and a matching approach. Examining mechanisms, we find that entrepreneurs in regions with a stronger historical family culture: (i) tend to have family members engage more in firms; (ii) are more likely to raise initial capital from family members; (iii) are more willing to pass on the firms to their children. Historical family culture predicts better firm performance partly due to a lower leverage ratio.
{"title":"The cultural origins of family firms","authors":"Jian Xie , Song Yuan","doi":"10.1016/j.jce.2024.12.003","DOIUrl":"10.1016/j.jce.2024.12.003","url":null,"abstract":"<div><div>What determines the prevalence of family firms? In this project, we investigate the role of historical family culture in the spatial distribution of family firms. Using detailed firm-level data from China, we find that there is a larger share of family firms in regions with a stronger historical family culture, as measured by genealogy density. The results are further confirmed by an instrumental variables approach and a matching approach. Examining mechanisms, we find that entrepreneurs in regions with a stronger historical family culture: (i) tend to have family members engage more in firms; (ii) are more likely to raise initial capital from family members; (iii) are more willing to pass on the firms to their children. Historical family culture predicts better firm performance partly due to a lower leverage ratio.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 1","pages":"Pages 1-24"},"PeriodicalIF":2.8,"publicationDate":"2025-01-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143444978","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-12-31DOI: 10.1016/j.jce.2024.12.006
Anna Lewczuk, Katarzyna Metelska-Szaniawska
Constitutional non-compliance, understood as non-congruence between provisions written in countries’ constitutions and the behavior of their governments, has recently become the focus of economic analysis. While other studies concentrate on the reasons behind this phenomenon, we are interested in its economic effects. We argue that non-compliance with constitutions is associated with lower GDP per capita and test our hypothesis empirically for more than 150 countries in the period 1960–2019 using the new Comparative Constitutional Compliance Database and a dynamic panel strategy. Our study confirms adverse economic effects of constitutional violations and this, in particular, in the area of property rights protection and the rule of law. In addition, we indicate groups of countries, where (non-)compliance with constitutions is of particular relevance, as well as identify the mechanisms behind these effects. Our findings contribute to several strands of literature at the nexus of constitutional political economy and development economics.
{"title":"Economic effects of (non-)compliance with constitutions","authors":"Anna Lewczuk, Katarzyna Metelska-Szaniawska","doi":"10.1016/j.jce.2024.12.006","DOIUrl":"10.1016/j.jce.2024.12.006","url":null,"abstract":"<div><div>Constitutional non-compliance, understood as non-congruence between provisions written in countries’ constitutions and the behavior of their governments, has recently become the focus of economic analysis. While other studies concentrate on the reasons behind this phenomenon, we are interested in its economic effects. We argue that non-compliance with constitutions is associated with lower GDP per capita and test our hypothesis empirically for more than 150 countries in the period 1960–2019 using the new Comparative Constitutional Compliance Database and a dynamic panel strategy. Our study confirms adverse economic effects of constitutional violations and this, in particular, in the area of property rights protection and the rule of law. In addition, we indicate groups of countries, where (non-)compliance with constitutions is of particular relevance, as well as identify the mechanisms behind these effects. Our findings contribute to several strands of literature at the nexus of constitutional political economy and development economics.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 1","pages":"Pages 227-242"},"PeriodicalIF":2.8,"publicationDate":"2024-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143444923","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-12-18DOI: 10.1016/j.jce.2024.12.002
Wonkyung Lee , Hong Ma , Yuan Xu
Existing studies have examined the determinants of antidumping measures in different countries. Much less attention has been paid to the role of high-frequency bilateral relations in imposing temporary trade barriers. Using quarterly data on antidumping cases from 1997Q1 to 2020Q4, this paper examines the bilateral relationship between China and its major trading partners in imposing antidumping. A bivariate vector autoregressive methodology is employed and Granger causality tests are carried out. We find that antidumping investigations against China by the US significantly lead to and predict the investigations against the US by China, suggesting that the US is the first mover and China is the follower that retaliates. In contrast, in bilateral relations between China and the European Union, Korea, or Japan, there is no evidence of significant causality in either direction. Furthermore, we find that China retaliates against the US both within and across industries. While China’s retaliatory measures have shown some effectiveness in terminating outstanding US investigations, this is not always the case. However, this tit-for-tat behavior does effectively deter future investigations by the US.
{"title":"Tit-for-tat in antidumping: How did China fight its antidumping wars with its trading partners?","authors":"Wonkyung Lee , Hong Ma , Yuan Xu","doi":"10.1016/j.jce.2024.12.002","DOIUrl":"10.1016/j.jce.2024.12.002","url":null,"abstract":"<div><div>Existing studies have examined the determinants of antidumping measures in different countries. Much less attention has been paid to the role of high-frequency bilateral relations in imposing temporary trade barriers. Using quarterly data on antidumping cases from 1997Q1 to 2020Q4, this paper examines the bilateral relationship between China and its major trading partners in imposing antidumping. A bivariate vector autoregressive methodology is employed and Granger causality tests are carried out. We find that antidumping investigations against China by the US significantly lead to and predict the investigations against the US by China, suggesting that the US is the first mover and China is the follower that retaliates. In contrast, in bilateral relations between China and the European Union, Korea, or Japan, there is no evidence of significant causality in either direction. Furthermore, we find that China retaliates against the US both within and across industries. While China’s retaliatory measures have shown some effectiveness in terminating outstanding US investigations, this is not always the case. However, this tit-for-tat behavior does effectively deter future investigations by the US.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 1","pages":"Pages 165-181"},"PeriodicalIF":2.8,"publicationDate":"2024-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143444920","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-12-17DOI: 10.1016/j.jce.2024.12.004
Bin Xie
Using county-level data and linked individual samples, this study explores the labor market impact of the immigration shock triggered by the US immigration quota system and its causal effect on the Great Black Migration. County-level analysis indicates that immigration restrictions did not affect average manufacturing wages and lowered the average occupational standings of US-born whites and immigrants. Analysis of linked individual samples reveals substantial internal migration and distributional effect caused by the immigration shock: migrants moving to counties more impacted by the shock experienced greater economic gains, while non-movers suffered greater losses. Notably, the negative immigration shock led to a marked increase in the migration of Black southerners to northern counties. Black migrants moving to more affected areas achieved higher occupational standings, increased literacy rates, and greater employment in urban manufacturing jobs.
{"title":"The aggregate and distributional effects of immigration restrictions: The 1920s Quota Acts and the Great Black Migration","authors":"Bin Xie","doi":"10.1016/j.jce.2024.12.004","DOIUrl":"10.1016/j.jce.2024.12.004","url":null,"abstract":"<div><div>Using county-level data and linked individual samples, this study explores the labor market impact of the immigration shock triggered by the US immigration quota system and its causal effect on the Great Black Migration. County-level analysis indicates that immigration restrictions did not affect average manufacturing wages and lowered the average occupational standings of US-born whites and immigrants. Analysis of linked individual samples reveals substantial internal migration and distributional effect caused by the immigration shock: migrants moving to counties more impacted by the shock experienced greater economic gains, while non-movers suffered greater losses. Notably, the negative immigration shock led to a marked increase in the migration of Black southerners to northern counties. Black migrants moving to more affected areas achieved higher occupational standings, increased literacy rates, and greater employment in urban manufacturing jobs.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 1","pages":"Pages 25-55"},"PeriodicalIF":2.8,"publicationDate":"2024-12-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143444979","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-12-15DOI: 10.1016/j.jce.2024.12.001
Pei Li , Kaihao Liu , Yi Lu , Lu Peng
The effectiveness of environmental policies is often compromised by weak enforcement due to conflicts between local and national interests. We examine a novel institutional reform in China that centralizes the management authority of grassroots environmental bureaus to address the issue of local capture. By analyzing the staggered roll-out of this reform, we find that the Air Quality Index significantly decreased by 25.1%. We attribute this improvement to a reduction in the capture of front-line environmental regulators by local interest groups, alignment of interests between local regulators and their upper-level administrators, and increased efforts for environmental protection by local governments in a more independent and impartial regulatory environment. These results highlight the effectiveness of distributing management authority to different administrative levels, as it reshapes the incentives for local environmental regulators, strengthens enforcement efficiency, and facilitates the achievement of policy objectives.
{"title":"Organizing regulatory structure and local air quality: Evidence from the environmental vertical management reform in China","authors":"Pei Li , Kaihao Liu , Yi Lu , Lu Peng","doi":"10.1016/j.jce.2024.12.001","DOIUrl":"10.1016/j.jce.2024.12.001","url":null,"abstract":"<div><div>The effectiveness of environmental policies is often compromised by weak enforcement due to conflicts between local and national interests. We examine a novel institutional reform in China that centralizes the management authority of grassroots environmental bureaus to address the issue of local capture. By analyzing the staggered roll-out of this reform, we find that the Air Quality Index significantly decreased by 25.1%. We attribute this improvement to a reduction in the capture of front-line environmental regulators by local interest groups, alignment of interests between local regulators and their upper-level administrators, and increased efforts for environmental protection by local governments in a more independent and impartial regulatory environment. These results highlight the effectiveness of distributing management authority to different administrative levels, as it reshapes the incentives for local environmental regulators, strengthens enforcement efficiency, and facilitates the achievement of policy objectives.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 1","pages":"Pages 139-164"},"PeriodicalIF":2.8,"publicationDate":"2024-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143444984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-12-05DOI: 10.1016/j.jce.2024.11.003
Jiafu An , Shiqi Guo , Haicheng Jiang
This study examines the impact of Chinese infrastructure aid on local employment across ten African countries, surveying over 500,000 individuals from 2000 to 2014. Utilizing variations in proximity to aid projects and the timing of project construction relative to local surveys reveals that Chinese aid increases local employment by two percentage points in areas near project sites compared to those awaiting project commencement, contrasting with regions without such aid. Employment rises with the onset of construction, primarily benefiting individuals with lower educational attainment, and persists post-completion, sustained by the migration and employment of skilled workers. Various infrastructure projects temporarily boost local employment, with long-term benefits particularly pronounced for projects in education, healthcare, and water and power utilities. Cross-sectoral and spatial spillover effects are also identified, with results remaining robust after accounting for additional local development factors.
{"title":"Foreign-assisted infrastructure and local employment: Evidence from China's aid to Africa","authors":"Jiafu An , Shiqi Guo , Haicheng Jiang","doi":"10.1016/j.jce.2024.11.003","DOIUrl":"10.1016/j.jce.2024.11.003","url":null,"abstract":"<div><div>This study examines the impact of Chinese infrastructure aid on local employment across ten African countries, surveying over 500,000 individuals from 2000 to 2014. Utilizing variations in proximity to aid projects and the timing of project construction relative to local surveys reveals that Chinese aid increases local employment by two percentage points in areas near project sites compared to those awaiting project commencement, contrasting with regions without such aid. Employment rises with the onset of construction, primarily benefiting individuals with lower educational attainment, and persists post-completion, sustained by the migration and employment of skilled workers. Various infrastructure projects temporarily boost local employment, with long-term benefits particularly pronounced for projects in education, healthcare, and water and power utilities. Cross-sectoral and spatial spillover effects are also identified, with results remaining robust after accounting for additional local development factors.</div></div>","PeriodicalId":48183,"journal":{"name":"Journal of Comparative Economics","volume":"53 1","pages":"Pages 118-138"},"PeriodicalIF":2.8,"publicationDate":"2024-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143444983","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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