DP7531 Isolation and Development
|Author(s):||Quamrul H. Ashraf, Oded Galor, Ömer Özak|
|Publication Date:||November 2009|
|Keyword(s):||Agglomeration, Development, Globalization, Growth, Isolation|
|JEL(s):||F15, N7, O10|
|Programme Areas:||International Macroeconomics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=7531|
This paper exploits cross-country variation in the degree of geographical isolation, prior to the advent of sea-faring and airborne transportation technologies, to examine its impact on the course of economic development across the globe. The empirical investigation establishes that prehistoric geographical isolation has generated a persistent beneficial effect on the process of development and contributed to the contemporary variation in the standard of living across countries.