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Moehrle, Sascha and Sunde, Uwe (2021): Distance to the pre-industrial technological frontier, patience, and economic development. In: Economics Letters, Vol. 201, 109788

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Abstract

This research provides evidence that the persistent non-monotonic effect of distance to the preindustrial technological frontier on economic development is associated with systematic variation in patience. This supports an interpretation of an underlying mechanism through culture and innovation. (c) 2021 Elsevier B.V. All rights reserved.

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