In this article, I investigate why it was so difficult for nineteenth-century Mexico to develop the institutions necessary for a modern state. Driven by regional warlords and bandits, the country suffered from persistent violence and disorder. Challenging geography and colonial legacies...

The US sugar program has long delivered significant subsidies to a concentrated group of sugar growers at the expense of American consumers. In 2013, however, an amendment in the House of Representatives attempted to seriously reduce those subsidies. The amendment narrowly lost. A similar...

In a simultaneous model of human and physical capital accumulation for 18 Latin American countries from 1975 to 2004, we show that overall resource dependence is not significantly related to physical and human capital. Disaggregating the natural resource variable into subcategories, we find that...

The author studies East Asian economic performance relative to the experience of a sample of rich, industrialized countries. On combining the coefficients from an augmented Solow model of growth for a sample of industrialized countries with the actual levels of factor accumulation in East Asia,...

In this paper, a simultaneous model of the evolution of human and physical capital in Sub-Saharan Africa is estimated. It can be shown that the two types of capital are jointly endogenous, in that increases in human capital significantly raise the per-worker physical capital stock, and increases...

While we have decades of evidence that economically free economies grow faster and are more productive than un-free ones, we have less knowledge about the effect of economic freedom on groups that have traditionally been disadvantaged. I study the causal effects of large and sustained jumps in...

The CIA intervened regularly in Latin America politics during the Cold War, in some cases going as far as bringing about regime change. We study the economic, political, and civil society effects of CIA-sponsored regime change in five Latin American countries and find that these actions caused...