Institutions and Economic Growth in the Late Ottoman Empire: A Quantitative Approach, 1820-1913
(2023) EKHS12 20231Department of Economic History
- Abstract
- This thesis studies the institutions and economic development of the late Ottoman Empire, examining whether institutions can explain the economic development of the regions and countries subject to it during the period of 1820-1913. The thesis aims to quantify the institutional determinants of geography, religion/culture, and political economy/interests, and it employs a semi-experimental approach of using inequality extraction ratios as an indicator for the political economy. Using quantitative data analysis, the study looks for evidence of the relationship between the named institutional determinants and economic growth. The results of the empirical study find little to no evidence that geography or religion had any significant... (More)
- This thesis studies the institutions and economic development of the late Ottoman Empire, examining whether institutions can explain the economic development of the regions and countries subject to it during the period of 1820-1913. The thesis aims to quantify the institutional determinants of geography, religion/culture, and political economy/interests, and it employs a semi-experimental approach of using inequality extraction ratios as an indicator for the political economy. Using quantitative data analysis, the study looks for evidence of the relationship between the named institutional determinants and economic growth. The results of the empirical study find little to no evidence that geography or religion had any significant relationship with economic growth, but they do find significant evidence that the political economy, defined as the inequality extraction ratio, did have a negative relationship with growth throughout the period in study. However, the limitations of the data and the methodology render the results open to question, and the thesis encourages ample research into the subject in the future. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9127769
- author
- Vesterager Husfeldt, David LU
- supervisor
- organization
- course
- EKHS12 20231
- year
- 2023
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- institutions, economic history, economic growth, Ottoman Empire
- language
- English
- id
- 9127769
- date added to LUP
- 2023-06-21 09:47:43
- date last changed
- 2023-06-21 09:47:43
@misc{9127769,
abstract = {{This thesis studies the institutions and economic development of the late Ottoman Empire, examining whether institutions can explain the economic development of the regions and countries subject to it during the period of 1820-1913. The thesis aims to quantify the institutional determinants of geography, religion/culture, and political economy/interests, and it employs a semi-experimental approach of using inequality extraction ratios as an indicator for the political economy. Using quantitative data analysis, the study looks for evidence of the relationship between the named institutional determinants and economic growth. The results of the empirical study find little to no evidence that geography or religion had any significant relationship with economic growth, but they do find significant evidence that the political economy, defined as the inequality extraction ratio, did have a negative relationship with growth throughout the period in study. However, the limitations of the data and the methodology render the results open to question, and the thesis encourages ample research into the subject in the future.}},
author = {{Vesterager Husfeldt, David}},
language = {{eng}},
note = {{Student Paper}},
title = {{Institutions and Economic Growth in the Late Ottoman Empire: A Quantitative Approach, 1820-1913}},
year = {{2023}},
}