Institutions and u.s. regional development
Subtitle: a study of massachusetts and virginia
By: Sukkoo Kim
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 13431; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 13431.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource] :
Description: "The development of the American economy was accompanied by significant spatial income inequalities between the northern and southern regions.  While many factors contributed to northern industrialization and southern stagnation, an important factor was differences in their institutions.  In the North, a democratic institution fostered growth whereas in the South, an oligarchic institution favored status quo.  To gain some insights on the nature and causes of the divergence of these institutions, this paper examines the development of political and legal institutions in Massachusetts and Virginia, the two leading states in the North and the South"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 9/26/2007.

Includes bibliographical references.

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