History Lessons: Institutions, Factor Endowments, and Paths of Development in the New World
对比北美和南美社会的长期增长差异，认为要素禀赋或初始条件对制度和经济发展的路径有深远且持久的影响，而非传统强调的国民遗产或宗教。
The explanations offered for the contrasting records of long-run growth and development among the societies of North and South America most often focus on institutions. The traditional explanations for the sources of these differences in institutions, typically highlight the significance of national heritage or religion. We, in contrast, argue that a hemispheric perspective across the wide range of colonies established in the New World by the Europeans suggests that although there were many influences, factor endowments or initial conditions had profound and enduring effects on the long-run paths of institutional and economic development followed by the respective economies.