Table D.4.
(1) | (2) | (3) | (4) | (5) | (6) | |
---|---|---|---|---|---|---|
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Corrected OLS | Corrected OLS | Corrected OLS | Corrected OLS | Corrected OLS | Corrected OLS | |
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Dependent Variable is: | ||||||
Log Income per Capita in: | Log Population Density in: | |||||
1500 CE | 1000 CE | 1 CE | 1500 CE | 1000 CE | 1 CE | |
|
|
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Log Years since Neolithic Transition | 0.159** [0.064] | 0.073* [0.038] | 0.109 [0.069] | 1.337*** [0.437] | 0.832*** [0.263] | 1.006*** [0.376] |
Log Land Productivity | 0.041** [0.016] | −0.021 [0.023] | −0.001 [0.020] | 0.584*** [0.125] | 0.364*** [0.098] | 0.681*** [0.147] |
Log Absolute Latitude | −0.041 [0.043] | 0.060 [0.108] | −0.175 [0.123] | 0.050 [0.343] | −2.140*** [0.704] | −2.163*** [0.838] |
Mean Distance to Nearest Coast or River | 0.215** [0.100] | −0.111 [0.125] | 0.043 [0.116] | −0.429 [0.893] | −0.237 [0.656] | 0.118 [0.859] |
Percentage of Land within 100 km of Coast or River | 0.124* [0.075] | −0.150 [0.110] | 0.042 [0.082] | 1.855*** [0.620] | 1.326** [0.524] | 0.228 [0.605] |
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Continent Dummies | Yes | Yes | Yes | Yes | Yes | Yes |
Observations | 31 | 26 | 29 | 31 | 26 | 29 |
R-squared | 0.66 | 0.68 | 0.33 | 0.88 | 0.95 | 0.89 |
Notes – (i) log land productivity is the first principal component of the log of the percentage of arable land and the log of an agricultural suitability index; (ii) a single continent dummy is used to represent the Americas, which is natural given the historical period examined; (iii) regressions (2)–(3) and (5)–(6) do not employ the Oceania dummy due to a single observation for this continent in the corresponding regression samples; (iv) standard errors corrected for spatial autocorrelation are reported in square brackets; (v) the spatial distribution of countries in ℜ2 is specified using aerial distances between geodesic centroids; (vi) the spatial autocorrelation in error terms is modelled as declining linearly along a 4,000 km radius from each observation; (vii) *** denotes statistical significance at the 1 percent level, ** at the 5 percent level, and * at the 10 percent level, all for two-sided hypothesis tests.