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NO REVERSAL OF FORTUNE IN THE LONG RUN: GEOGRAPHY AND SPATIAL PERSISTENCE OF PROSPERITY IN COLOMBIA, 1500-2005*

A Meisel

Revista de Historia Económica / Journal of Iberian and Latin American Economic History, 2014, vol. 32, issue 3, 411-428

Abstract: This paper examines the non-reversal of fortune thesis proposed by Acemoglu et al. (2002) in the light of the Colombian experience over the last 500 years. Using a total of fourteen national population censuses and the record of tributary Indians in 1559, it is found that the population density of Colombian regions presented a high degree of persistence through time. Thus, the evidence indicates that those places that were prosperous circa 1500 remain so today, and vice versa. These results indicate that the long-run influences of geography on regional economic disparities within a country are not negligible.

Date: 2014
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Working Paper: No reversal of fortune in the long run: geography and spatial persistence of prosperity in Colombia, 1500-2005 (2014) Downloads
Working Paper: No reversal of fortune in the long run: geography and spatial persistence of prosperity in Colombia, 1500-2005 (2014) Downloads
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