| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6473 |
| DP6473 Financial Exchange Rates and International Currency Exposures | |
| Philip Lane; Jay Shambaugh | |
| 发表日期 | 2007-09-21 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | In 1795 the British took control of the Cape colony (South Africa) from the Dutch; and in 1843 they exogenously changed the legal basis of landholding, giving more secure property rights to landholders. Since endowments and other factors were held constant, these changes offer clean tests of the effects on economic growth of colonial identity and secure property rights. The effects of both changes were immediate, positive and large. Other legal and institutional changes, such as the move to a common law system in 1827, had no such effects on economic growth. |
| 主题 | International Macroeconomics |
| 关键词 | Economic growth Legal origins Property rights |
| URL | https://cepr.org/publications/dp6473 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535294 |
| 推荐引用方式 GB/T 7714 | Philip Lane,Jay Shambaugh. DP6473 Financial Exchange Rates and International Currency Exposures. 2007. |
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