The Colonial Origins of Comparative Development: An Empirical Investigation: Reply
AbstractAcemoglu, Johnson, and Robinson (2001) established that economic institutions today are correlated with expected mortality of European colonialists. David Albouy argues this relationship is not robust. He drops all data from Latin America and much of the data from Africa, making up almost 60 percent of our sample, despite much information on the mortality of Europeans in those places during the colonial period. He also includes a "campaign" dummy that is coded inconsistently; even modest corrections undermine his claims. We also show that limiting the effect of outliers strengthens our results, making them robust to even extreme versions of Albouy's critiques. (JEL D02, E23, F54, I12, N40, O43, P14)
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Bibliographic InfoArticle provided by American Economic Association in its journal American Economic Review.
Volume (Year): 102 (2012)
Issue (Month): 6 (October)
Find related papers by JEL classification:
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- F54 - International Economics - - International Relations, National Security, and International Political Economy - - - Colonialism; Imperialism; Postcolonialism
- I12 - Health, Education, and Welfare - - Health - - - Health Production
- N40 - Economic History - - Government, War, Law, International Relations, and Regulation - - - General, International, or Comparative
- O43 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
- P14 - Economic Systems - - Capitalist Systems - - - Property Rights
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RePEc Biblio mentionsAs found on the RePEc Biblio, the curated bibliography for Economics:CitEc Project, subscribe to its RSS feed for this item.
- Enrico Spolaore & Romain Wacziarg, 2012.
"How Deep are the Roots of Economic Development?,"
CESifo Working Paper Series
3837, CESifo Group Munich.
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- Enrico Spolaore & Romain Wacziarg, 2012. "How Deep Are the Roots of Economic Development?," NBER Working Papers 18130, National Bureau of Economic Research, Inc.
- Enrico Spolaore & Romain Wacziarg, 2012. "How Deep Are the Roots of Economic Development?," Discussion Papers Series, Department of Economics, Tufts University 0768, Department of Economics, Tufts University.
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- Raphael A. Auer, 2012.
"Geography, Institutions, and the Making of Comparative Development,"
CESifo Working Paper Series
3874, CESifo Group Munich.
- Raphael A. Auer, 2013. "Geography, institutions, and the making of comparative development," Journal of Economic Growth, Springer, vol. 18(2), pages 179-215, June.
- Naomi R. Lamoreaux, 2014. "Revisiting American Exceptionalism: Democracy and the Regulation of Corporate Governance in Nineteenth-Century Pennsylvania," NBER Working Papers 20231, National Bureau of Economic Research, Inc.
- Molina, Ezequiel & Narayan, Ambar & Saavedra-Chanduvi, Jaime, 2013. "Outcomes, opportunity and development : why unequal opportunities and not outcomes hinder economic development," Policy Research Working Paper Series 6735, The World Bank.
- Fedderke, Johannes & Klitgaard, Robert, 2013. "How Much Do Rights Matter?," World Development, Elsevier, vol. 51(C), pages 187-206.
- Naomi R. Lamoreaux, 2014. "Revisiting American Exceptionalism: Democracy and the Regulation of Corporate Governance in Nineteenth-Century Pennsylvania," NBER Chapters, in: Enterprising America: Businesses, Banks, and Credit Markets in Historical Perspective National Bureau of Economic Research, Inc.
- Yang, Jue & Managi, Shunsuke & Sato, Masayuki, 2013. "The effect of institutional quality on national wealth: An examination using multiple imputation method," MPRA Paper 55436, University Library of Munich, Germany, revised 08 Apr 2014.
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