Test Your Knowledge of Europe's Institutional and Cultural Influences with this...

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What is the research question of the paper?

What are the determinants of regional economic development in European countries?

What are the past historical institutions that determine current economic performance?

What are the economic, political, and social forces that determine the functioning of institutions and organizations?

What is the role of culture in historical influence within countries? (correct)

What is the variable that measures current economic development?

Per capita gross value added (correct)

Education and urbanization

Regional differences

Culture

What is the issue of reverse causality in the paper?

Culture determines output

Regional differences in education and economic development

Output determines a certain culture (correct)

Past historical institutions determine current economic performance

What is the estimation strategy used in the paper?

2SLS with instruments Signup and view all the answers

What is the conclusion of the paper regarding the determinants of regional economic development?

Past historical institutions are the most important determinants. Signup and view all the answers

What is the research question of the paper?

The research question is: What economic, political or social forces determine the functioning of institutions and organizations? Signup and view all the answers

What variables are used in the study?

The variables used in the study are current economic development, education, urbanization, and culture. Signup and view all the answers

What is the role of culture in the study?

The study examines the role of culture as a channel of historical influence within countries. Signup and view all the answers

What is the output of the study?

The output of the study shows a strong and significant correlation between all measures of culture and current development when controlling with country FE. Signup and view all the answers