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Journal of Political Economy 99(3), pp

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A Perfect Storm: First-Nature Geography and Economic Development

econ.GN · 2024-08-01 · unverdicted · novelty 7.0

A 1825 storm created a new sea connection in Denmark, producing a 27 percent population increase (elasticity 1.6 to market access) driven by fertility and occupational change toward fishing and manufacturing, with symmetric medieval declines after waterway closure.

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