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<math>y_{t}=\beta_{t}+\epsilon</math>
Acemoglu, Johnson, Robinson (2005) (view source)
Revision as of 11:58, 21 May 2012
, 11:58, 21 May 2012→Atlantic Trading and differential Growth
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>
*<math>u_{jt}</math> is urbanization in country j at time t
