Arbeitspapier

The Colonial and Geographic Origins of Comparative Development

While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I develop an empirical strategy that disentangles the partial effects of institutions and of endowments on income. I find that institutions are the main determinant of development, but that endowments have a sizeable direct impact, as well. Last, I apply the empirical strategy to examine the theories put forward by La Porta et al. (1999) and by Acemoglu et al. (2001), finding support for both theories, but also evidence that the authors' estimates are biased since they mix up the effect of the historical determinants of institutions with the sizeable direct impact of access to trade and of disease environment.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 09.03

Classification
Wirtschaft
Macroeconomic Analyses of Economic Development
Capitalist Systems: Political Economy
Comparative Analysis of Economic Systems
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Economic History: Agriculture, Natural Resources, Environment, and Extractive Industries: General, International, or Comparative
Colonialism; Imperialism; Postcolonialism
Subject
Growth
Institutions
Geography
Comparative Development
Colonialism
Entwicklung
Rohstoffvorkommen
Institutionelle Infrastruktur
Kolonialismus
Weltwirtschaftsordnung
Süd-Nord-Gefälle
Welt

Event
Geistige Schöpfung
(who)
Auer, Raphael
Event
Veröffentlichung
(who)
Swiss National Bank, Study Center Gerzensee
(where)
Gerzensee
(when)
2009

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Auer, Raphael
  • Swiss National Bank, Study Center Gerzensee

Time of origin

  • 2009

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