Institutions, Technology, and Trade
---- Acknowledgements ----
An earlier draft of this paper circulated under the title "Tariffs, Trains, and Trade: The Importance of Institutions versus Technology in the Expansion of Markets". We thank Lee Alston, Jörg Baten, Brad DeLong, Price Fishback, Rainer Fremdling, Murat Iyigun, Michael Kopsidis, Larry Neal, Nathan Nunn, Florian Ploeckl, Steve Redding, Kevin O.Rourke, John Sutton, Je¤ Williamson, Randy Wright, and the audiences at Berkeley, Colorado, Harvard, Yale, the 2006 NBER/CEPR conference in Lund, the 2007 NBER Spring ITI meeting, the 2007 North American Cliometrics meeting, the 2008 NBER-Philly Fed Macroeconomics in Time and Space conference, and the 2008 CEPR ERWIT conference for useful comments, and Michael Kopsidis as well for providing us with data. NSF support under grant number SES 0453040 is gratefully acknowledged. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.