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Acemoglu, Johnson, Robinson (2005) (view source)
Revision as of 14:00, 15 May 2012
, 14:00, 15 May 2012→How does the author test the hypothesis?
Specification 1 (results in table 2)
<math>u_{jt} = d_{t} + \delta_{j} + \sum\limits_{t>=1600} \alpha_{t} \cdot WE_{j} \cdot d_{t} + \sum\limits_{t>=1500} \beta_{t} \cdot PAT_{j} \cdot d_{t}+X_{jt} \cdot \gamma +\epsilon_{jt}</math>
*u_{jt} is urbanization in country j at time t
*WE is dummy for Western Europe
*d is the year effects
*<math>/delta_{j}</math> is country effects
*X is other covarriate
*PAT is potential for Atlantic Trade
=== What do the authors tests achieve?===
