A Perfect Storm: First-Nature Geography and Economic Development
Fuente:
arXiv
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Preprint |
| Veröffentlicht: |
2024
|
| Schlagworte: | |
| Online-Zugang: | |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| _version_ | 1866918487189880832 |
|---|---|
| author | Vedel, Christian |
| author_facet | Vedel, Christian |
| contents | First-nature geography shapes the location of prosperity. I provide evidence by investigating the effects when it suddenly changes. In 1825 a storm breached the Agger Isthmus. This connected Denmark's west Limfjord Region to the North Sea. I demonstrate that trade followed. Prosperity relocated with it: population rose 27.0 percent within a generation - an elasticity of 1.6 relative to market access - with occupational shifts toward fishing and manufacturing. Fertility, not migration, drove the expansion. A mirror experiment, the waterway's closure circa 1086-1208, caused symmetric declines in medieval coin and building finds. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2408_00885 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | A Perfect Storm: First-Nature Geography and Economic Development Vedel, Christian General Economics Economics First-nature geography shapes the location of prosperity. I provide evidence by investigating the effects when it suddenly changes. In 1825 a storm breached the Agger Isthmus. This connected Denmark's west Limfjord Region to the North Sea. I demonstrate that trade followed. Prosperity relocated with it: population rose 27.0 percent within a generation - an elasticity of 1.6 relative to market access - with occupational shifts toward fishing and manufacturing. Fertility, not migration, drove the expansion. A mirror experiment, the waterway's closure circa 1086-1208, caused symmetric declines in medieval coin and building finds. |
| title | A Perfect Storm: First-Nature Geography and Economic Development |
| topic | General Economics Economics |
| url | https://arxiv.org/abs/2408.00885 |