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Race v. Suffrage: The Determinants of Development in Mississippi
Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2011
1950s. Finally, we turn to the determinants of a broad array of development indicators for the year 1960 and for the 1960 …
Persistent link: https://www.econbiz.de/10009321839
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White Elephants
Robinson, James A; Torvik, Ragnar - C.E.P.R. Discussion Papers - 2002
Underdevelopment is thought to be about lack of investment, and many political economy theories can account for this. Yet, there has been much investment in developing countries. The problem has been that investment growth has not led to output growth. We therefore need to explain not simply...
Persistent link: https://www.econbiz.de/10005123875
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Economic Backwardness in Political Perspective
Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 2002
We construct a simple model where political elites may block technological and institutional development, because of a … replaced. Fearing replacement, political elites are unwilling to initiate change, and may even block economic development. We … show that elites are unlikely to block development when there is a high degree of political competition, or when they are …
Persistent link: https://www.econbiz.de/10005124137
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Slavery, Education, and Inequality
Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2010
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10008680759
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Divide and Rule or the Rule of the Divided? Evidence from Africa
Michalopoulos, Stelios; Papaioannou, Elias - C.E.P.R. Discussion Papers - 2010
-specific pre-colonial institutions in shaping comparative regional development in Africa. We utilize information on the spatial … we document a positive cross-sectional association between national institutions and regional economic development … regional development. The positive within country effect of pre-colonial institutions also obtains in regions of partitioned …
Persistent link: https://www.econbiz.de/10008683528
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A Political Economy Theory of the Soft Budget Constraint
Robinson, James A; Torvik, Ragnar - C.E.P.R. Discussion Papers - 2005
Why do soft budget constraints exist and persist? In this paper we argue that the prevalence of soft budget constraints can be best explained by the political desirability of softness. We develop a political economy model where politicians cannot commit to policies that are not ex post optimal....
Persistent link: https://www.econbiz.de/10005114300
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National Institutions and African Development: Evidence from Partitioned Ethnicities
Michalopoulos, Stelios; Papaioannou, Elias - C.E.P.R. Discussion Papers - 2012
We investigate the role of national institutions on regional development in a novel framework. We exploit the fact that … correlation between formal national institutions and economic development has to be carefully interpreted. …
Persistent link: https://www.econbiz.de/10011084103
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Further Evidence on the Link between Pre-Colonial Political Centralization and Comparative Economic Development in Africa
Michalopoulos, Stelios; Papaioannou, Elias - C.E.P.R. Discussion Papers - 2014
We examine the link between pre-colonial statehood and contemporary regional African development, as reflected in …-country analysis reveals a strong positive correlation between pre-colonial political centralization and contemporary development (and …
Persistent link: https://www.econbiz.de/10011084301
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On the Ethnic Origins of African Development: Chiefs and Pre-colonial Political Centralization
Michalopoulos, Stelios; Papaioannou, Elias - C.E.P.R. Discussion Papers - 2014
shaping African development. First, using recent surveys from Sub-Saharan African countries, we document that individuals … a strong association between pre-colonial centralization and contemporary comparative development both across and within … countries. We also document that the strong link between pre-colonial political centralization and regional development -as …
Persistent link: https://www.econbiz.de/10011084579
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Black Man’s Burden: Measured Philanthropy in the British Empire, 1880-1913
Accominotti, Olivier; Flandreau, Marc; Rezzik, Riad; … - C.E.P.R. Discussion Papers - 2008
colonial rule was to create financial incentives to adopt development policies that encouraged government spending. …
Persistent link: https://www.econbiz.de/10005666472