The persistent institutional effect of liberal colonialism: Evidence from China's financial policies

Tong Fu, Zhongmei Wei and Ze Jian

No 2019-36, Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: The effect of liberal colonialism on the allocation of capital persists to this day. As Lange et al. (Colonialism and development: A comparative analysis of Spanish and British colonies. 2006) define and suggest, the authors exploit the colonial history of China during 1896-1911 with qualitative evidence to measure liberal colonialism. They document that liberal colonialism promotes the subsequent efficiency of financial policies on capital allocation in 2004 through the quality of economic institutions.

Keywords: liberal colonialism; economic institutions; allocative efficiency (search for similar items in EconPapers)
JEL-codes: N45 P26 P34 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-cna, nep-eff, nep-fdg and nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.economics-ejournal.org/economics/discussionpapers/2019-36
https://www.econstor.eu/bitstream/10419/197211/1/1666549835.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwedp:201936

Access Statistics for this paper

More papers in Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().