Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/61030
Authors: 
Auer, Raphael A.
Year of Publication: 
2012
Series/Report no.: 
CESifo Working Paper: Fiscal Policy, Macroeconomics and Growth 3874
Abstract: 
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 re-examine the theories put forward by La Porta et al. (1999) and by Acemoglu et al. (2001), finding strong support for both theories, but also evidence that the authors' estimates are mildly biased since they confound the effect of the historical determinants of institutions with the sizeable direct impact of geographic endowments on development.
Subjects: 
growth
institutions
geography
comparative development
colonialism
JEL: 
O11
P16
P51
R11
N50
F54
Document Type: 
Working Paper

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