Isolation and Development
Journal of the European Economic Association, Vol. 8, Nos. 2 & 3, 2010
13 Pages Posted: 24 Dec 2009 Last revised: 4 Jul 2012
Date Written: September 28, 2009
This paper exploits cross-country variation in the degree of geographical isolation, prior to the advent of sea-faring and airborne transportation technologies, to examine its impact on the course of economic development across the globe. The empirical investigation establishes that prehistoric geographical isolation has generated a persistent beneficial effect on the process of development and contributed to the contemporary variation in the standard of living across countries.
Keywords: Growth, Development, Isolation, Agglomeration, Globalization, International Trade
JEL Classification: O10, F15, N7
Suggested Citation: Suggested Citation