Daron Acemoglu () (Massachusetts Institute of Technology) Simon Johnson () (Massachusetts Institute of Technology) James A. Robinson () (Harvard University)
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This article uses the different mortality rates of European colonialists to estimate the effect of institutions on economic performance. Europeans adopted very different colonization policies in different colonies. In places where mortality rates were high they did not settle, but set up extractive institutions that exist to the present day. By exploring the different mortality rates faced by soldiers, bishops and sailors in the colonies in the 17th, 18th and 19th Centuries, we were able to estimate the long-term effect of colonial institutions on per capita income.
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Volume (Year): 7 (2005) Issue (Month): 13 (July-December) Pages: 17-67 Download reference. The following formats are available: HTML
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Find related papers by JEL classification: D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations N30 - Economic History - - Labor and Consumers, Demography, Education, Income, and Wealth - - - General, International, or Comparative N40 - Economic History - - Government, War, Law, and Regulation - - - General, International, or Comparative O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
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Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert W. Vishny, 1998.
"Law and Finance,"
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Rafael La Porta & Florencio Lopez-de-Silane & Andrei Shleifer & Robert W. Vishny, 1996.
"Law and Finance,"
NBER Working Papers
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