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- W3124333886 abstract "This paper provides a general theory explaining the geographic and population size and wealth of nations. Successful countries create conditions for high productivity in the economic sphere by enforcing property rights and providing social overhead capital and at the same time minimize political costs by creating a system of rules that reduces influence costs and allows for diverse preferences. Countries also need an effective military apparatus to protect their wealth from predation by other countries. Success in these endeavors may lead to immigration and geo-graphical expansion, while an inability to meet these goals may lead to extensive emigration or breakup of the country. The argument is done within the context of a formal model that integrates spatial political costs with the benefits of spatially determined economic production and the effect of coercive transfers. The analysis is used to provide insight into secessions and mergers of nation states. Several historical events are covered." @default.
- W3124333886 created "2021-02-01" @default.
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- W3124333886 date "2000-03-01" @default.
- W3124333886 modified "2023-09-28" @default.
- W3124333886 title "The Wealth and Size of Nations" @default.
- W3124333886 hasPublicationYear "2000" @default.
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