Construct · 1 fields · 1 citations

factor endowment hypothesis: a standalone construct

One name. One construct. A landmark on the map.

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factor endowmenthypothesis1 CONSTRUCTFactor endowmentSOKOLOFF · ECONOMIC HISTORY

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Economic history

the argument that New World soils and climates suited to plantations produced extreme inequality and institutions that slowed later development.

In economic history, factor endowment hypothesis refers to the argument that New World soils and climates suited to plantations produced extreme inequality and institutions that slowed later development. This meaning comes from Sokoloff (2000) in Journal of Economic Perspectives.[1]

Unit
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argument3 fields · 3 citationsjingle · one word, three constructsdevelopment1 fields · 2 citationsanchor · a standalone constructfactor3 fields · 4 citationsjingle · one word, three constructs

References

  1. Sokoloff, K. L., & Engerman, S. L. (2000). History Lessons: Institutions, Factor Endowments, and Paths of Development in the New World. Journal of Economic Perspectives, 14(3), 217-232. https://doi.org/10.1257/jep.14.3.217

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