This paper provides the first quantitative assessment of living standards in Angola during the colonial period, with a specific focus on the Companhia de Diamantes de Angola (Diamang), the largest and most profitable company in Portuguese colonial history. Employing the "barebones subsistence...

Through panel estimates using OECD country-industry statistics, this paper aims to clarify the determinants of rent creation and the mechanisms of rent sharing, and the role of market regulations in these processes. The empirical analysis is carried out in two steps. The first explains the rent...