Colonial Origins of Inequality in Hispanic America? Some Reflections Based on New Empirical Evidence
This 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 America’s 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).
(This abstract was borrowed from another version of this item.)
Volume (Year): 28 (2010)
Issue (Month): 02 (September)
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