The Economic Effects of Geography: Colombia as a Case Study
Juan Mendoza and
Revista Desarrollo y Sociedad, 2013
This paper quantifies the economic impact of geographical features using Colombian data at the municipal level. We use the proportion of slave population in 1835 as an instrument of current institutions. We find that, controlling for institutional quality, geographical characteristics, such as the percentage of flat terrain, the proximity to the marketplace and the proximity to the main rivers are statistically-significant determinants of income per capita and have large economic effects.
Keywords: Geography; climate; development; institutions. (search for similar items in EconPapers)
JEL-codes: O11 O54 P16 R11 (search for similar items in EconPapers)
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Working Paper: The economic effects of geography Colombia as a case study (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:col:000090:010421
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