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The 'Out of Africa' Hypothesis, Human Genetic Diversity, and Comparative Economic Development

TLDR
The level of genetic diversity within a society is found to have a hump-shaped effect on development outcomes in both the pre-colonial and the modern era, reflecting the trade-off between the beneficial and the detrimental effects of diversity on productivity.
Abstract
This research advances and empirically establishes the hypothesis that, in the course of the prehistoric exodus of Homo sapiens out of Africa, variation in migratory distance to various settlements across the globe affected genetic diversity and has had a persistent humpshaped effect on comparative economic development, reflecting the trade-off between the beneficial and the detrimental effects of diversity on productivity. While the low diversity of Native American populations and the high diversity of African populations have been detrimental for the development of these regions, the intermediate levels of diversity associated with European and Asian populations have been conducive for development. (JEL N10, N30, N50, O10, O50, Z10) Prevailing hypotheses of comparative economic development highlight various determinants of the remarkable inequality in income per capita across the globe. The significance of geographical, institutional, and cultural factors, human capital, ethnolinguistic fractionalization, colonialism, and globalization has been at the heart of a debate concerning the genesis of the astounding transformation in the pattern of comparative development over the past few centuries. While early research focused on the proximate forces that contributed to the divergence in living

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On Human Nature

TL;DR: In his new preface E. O. Wilson reflects on how he came to write this book: how "The Insect Societies" led him to write "Sociobiology", and how the political and religious uproar that engulfed that book persuaded him to writing another book that would better explain the relevance of biology to the understanding of human behavior as mentioned in this paper.
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Global Evidence on Economic Preferences

TL;DR: The Global Preference Survey (GPS) as discussed by the authors ) is an experimentally validated survey dataset of time preference, risk preference, positive and negative reciprocity, altruism, and trust from 80,000 individuals in 76 countries.
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Pre-colonial Ethnic Institutions and Contemporary African Development

TL;DR: In this paper, the role of deeply rooted pre-colonized ethnic institutions in shaping comparative regional development within African countries is investigated, where the authors combine information on the spatial distribution of ethnicities before colonization with regional variation in contemporary economic performance as proxied by satellite images of light density at night.
References
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Book

Econometric Analysis of Cross Section and Panel Data

TL;DR: This is the essential companion to Jeffrey Wooldridge's widely-used graduate text Econometric Analysis of Cross Section and Panel Data (MIT Press, 2001).
Journal ArticleDOI

The Genetical Evolution of Social Behaviour. I

TL;DR: A genetical mathematical model is described which allows for interactions between relatives on one another's fitness and a quantity is found which incorporates the maximizing property of Darwinian fitness, named “inclusive fitness”.
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Increasing Returns and Economic Geography

TL;DR: This paper developed a simple model that shows how a country can endogenously become differentiated into an industrialized core and an agricultural periphery, in which manufacturing firms tend to locate in the region with larger demand, but the location of demand itself depends on the distribution of manufacturing.
Book

Trust: The Social Virtues and the Creation of Prosperity

TL;DR: Fukuyama as discussed by the authors argued that the end of the Cold War would also mean the beginning of a struggle for position in the rapidly emerging order of 21st-century capitalism and argued that in an era when social capital may be as important as physical capital, only those societies with a high degree of social trust will be able to create the flexible, large scale business organizations that are needed to compete in the new global economy.
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