| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w14347 |
| 来源ID | Working Paper 14347 |
| Landed Interests and Financial Underdevelopment in the United States | |
| Raghuram G. Rajan; Rodney Ramcharan | |
| 发表日期 | 2008-09-19 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | Landed elites in the United States in the early decades of the twentieth century played a significant role in restricting the development of finance. States that had higher land concentration passed more restrictive banking legislation. At the county level, counties with very concentrated land holdings tended to have disproportionately fewer banks per capita. Banks were especially scarce both when landed elites' incentive to suppress finance, as well as their ability to exercise local influence, was higher. Finally, the resulting financial underdevelopment was negatively correlated with subsequent manufacturing growth. We draw lessons from this episode for understanding economic development. |
| 主题 | Financial Economics ; Financial Institutions ; Development and Growth ; Development ; Growth and Productivity |
| URL | https://www.nber.org/papers/w14347 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572021 |
| 推荐引用方式 GB/T 7714 | Raghuram G. Rajan,Rodney Ramcharan. Landed Interests and Financial Underdevelopment in the United States. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w14347.pdf（242KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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