Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/197211 
Year of Publication: 
2019
Series/Report no.: 
Economics Discussion Papers No. 2019-36
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
The effect of liberal colonialism on the allocation of capital persists to this day. As Lange et al. (Colonialism and development: A comparative analysis of Spanish and British colonies. 2006) define and suggest, the authors exploit the colonial history of China during 1896-1911 with qualitative evidence to measure liberal colonialism. They document that liberal colonialism promotes the subsequent efficiency of financial policies on capital allocation in 2004 through the quality of economic institutions.
Subjects: 
liberal colonialism
economic institutions
allocative efficiency
JEL: 
P34
N45
P26
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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