Asset Details
Do you wish to reserve the book?
State Capacity and Long-run Economic Performance
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
State Capacity and Long-run Economic Performance
Do you wish to request the book?
State Capacity and Long-run Economic Performance
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
State Capacity and Long-run Economic Performance
2016
Overview
We present new evidence about the long-run relationship between state capacity – the fiscal and administrative power of states – and economic performance. Our database is novel and spans 11 European countries and four centuries from the Old Regime to World War I. We argue that national governments undertook two political transformations over this period: fiscal centralisation and limited government. We find a significant direct relationship between fiscal centralisation and economic growth. Furthermore, we find that an increase in the state's capacity to extract greater tax revenues was one mechanism through which both political transformations improved economic performance. Our analysis shows systematic evidence that state capacity is an important determinant of long-run economic growth.
Publisher
Blackwell Publishing Ltd,John Wiley & Sons Ltd,Wiley-Blackwell$h1891,Oxford University Press
