Critical junctures and economic development – Evidence from the adoption of constitutions among American Indian Nations

Situations like adoption of constitutions are critical for development. * Constitutional design has long-run implications for economic development. * Evidence from the initial adoption of constitutions by American Indian Nations. * US Presidential Party at the time of adoption affects constitutional design. * Results suggest a potential channel in the method of election of executives. Utilizing a novel data set on American Indian Nations, we investigate how conditions at critical junctures of development can have long-lasting economic effects. We investigate the effect of the party of the US P... Mehr ...