Colonial Origins of Inequality in Hispanic America? Some Reflections Based on New Empirical Evidence
AbstractThis paper attempts at contributing to the ongoing debate on the historical roots of the high economic inequality of contemporary Iberian America. Basically empirical, our approach departs from mainstream scholarship. We show new data on wages and heights in several viceroyalties that: 1) suggest relatively medium to high levels of material welfare among the commoners in Bourbon Hispanic America; 2) allow us to build indexes of economic inequality. An international comparison of those indexes casts some doubts on the widely accepted view that Viceroyal Americaâs economy was exclusively based on extremely unequal or extractive institutions, as it has been popularized by the influential works by Engerman and Sokoloff (1994, 2002, 2005), Acemoglu et al. (2002).
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Bibliographic InfoArticle provided by Cambridge University Press in its journal Revista de Historia Económica.
Volume (Year): 28 (2010)
Issue (Month): 02 (September)
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Other versions of this item:
- Dobado González, Rafael / R & García Montero, Héctor / H, 2010. "Colonial Origins of Inequality in Hispanic America? Some reflections based on new empirical evidence," MPRA Paper 28738, University Library of Munich, Germany.
- B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
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