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We revisit the idea that colonized countries that were more (less) economically advanced in 1500 became poorer (richer, respectively) by the late 20th century. Using data on place of origin of today's country populations and the urbanization and population density measures used by Acemoglu et...
Persistent link: https://www.econbiz.de/10011196595
Persistent link: https://www.econbiz.de/10005765592
Using data on place of origin of today's country populations and the indicators of level of development in 1500 used by Acemoglu, Johnson, and Robinson (2002), we confirm a reversal of fortune for colonized countries as territories, but find persistence of fortune for people and their...
Persistent link: https://www.econbiz.de/10010788955
We revisit the idea that colonized countries that were more (less) economically advanced in 1500 became poorer (richer, respectively) by the late 20th century. Using data on place of origin of today’s country populations and the urbanization and population density measures used by Acemoglu et...
Persistent link: https://www.econbiz.de/10010861758
Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...
Persistent link: https://www.econbiz.de/10010318983
Persistent link: https://www.econbiz.de/10005800497
In this paper, an index of the depth of experience with state-level institutions, or state antiquity, is derived for a large set of countries. We show that state antiquity is significantly correlated with measures of political stability and institutional quality, with income per capita, and with...
Persistent link: https://www.econbiz.de/10005547290
Early states like China and India have been experiencing more rapid economic growth in recent decades. We show that more rapid growth by early starters has been the norm in economic history, and that the "reversal of fortune" associated with the European overseas expansion was both exceptional...
Persistent link: https://www.econbiz.de/10005226389
It may be no coincidence that those countries that grew most rapidly in the late twentieth century—including South Korea, China, and, of late, India—were relatively developed civilizations when Western Europe began its overseas expansion five centuries ago. In this article the...
Persistent link: https://www.econbiz.de/10004990485
We revisit the idea that colonized countries that were more (less) economically advanced in 1500 became poorer (richer, respectively) by the late 20th century. Using data on place of origin of today's country populations and the urbanization and population density measures used by Acemoglu et...
Persistent link: https://www.econbiz.de/10010420272