Colonial Origins of Comparative Development
"The Colonial Origins of Comparative Development" is a 2001 article written by Daron Acemoglu, Simon Johnson, and James A. Robinson and published in American Economic Review. It is considered a seminal contribution to development economics through its use of European settler mortality as an instrumental variable of institutional development in former colonies.[1] The theory proposed in the article is that Europeans only set up growth-inducing institutions in areas where the disease environment was favourable, so that they could settle. In areas with unfavourable disease environment to Europeans, such as central Africa, they instead set up extractive institutions which persist to the present day and explain much of the variation in income across countries. Important issues with the data and analysis have been identified, causing some doubt as to the accuracy of these results[2] The original authors dismissed the criticism in their reply.Cite error: A <ref> tag is missing the closing </ref> (see the help page). The original authors dismissed the criticism in their reply.[3]
See also
References
- ^ Acemoglu, Daron; Johnson, Simon; Robinson, James A. (2001). "The Colonial Origins of Comparative Development: An Empirical Investigation". The American Economic Review. 91 (5): 1369–1401. doi:10.1257/aer.91.5.1369.
- ^ The Colonial Origins of Comparative Development: An Empirical Investigation: Comment, David Y. Albouy, American Economic Review, vol. 102, no. 6, October 2012, pp. 3059-76. DOI: 10.1257/aer.102.6.3059
- ^ Acemoglu, Daron, Simon Johnson, and James A. Robinson. 2012. "The Colonial Origins of Comparative Development: An Empirical Investigation: Reply." American Economic Review, 102 (6): 3077-3110. DOI: 10.1257/aer.102.6.3077
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