EconPapers    
Economics at your fingertips  
 

The economic consequences of the Spanish Reconquest: the long-term effects of Medieval conquest and colonization

Daniel Oto-Peralías () and Diego Romero-Ávila ()
Additional contact information
Daniel Oto-Peralías: University of St Andrews

Journal of Economic Growth, 2016, vol. 21, issue 4, No 3, 409-464

Abstract: Abstract This paper shows that a historical process that ended more than five centuries ago, the Reconquest, is very important to explain Spanish regional economic development down to the present day. An indicator measuring the rate of Reconquest reveals a heavily negative effect on current income differences across the Spanish provinces. A main intervening factor in the impact the Reconquest has had is the concentration of economic and political power in a few hands, excluding large segments of the population from access to economic opportunities when Spain entered the industrialization phase. The timing of the effect is consistent with this argument. A general implication of our analysis is that large frontier expansions may favor a political equilibrium among the colonizing agents that is biased toward the elite, creating the conditions for an inegalitarian society, with negative consequences for long-term economic development.

Keywords: Economic development; Political power; Structural inequality; Spanish Reconquest; History (search for similar items in EconPapers)
JEL-codes: C21 N2 O1 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s10887-016-9132-9 Abstract (text/html)
Access to full text is restricted to subscribers.

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:kap:jecgro:v:21:y:2016:i:4:d:10.1007_s10887-016-9132-9

Ordering information: This journal article can be ordered from
http://www.springer. ... th/journal/10887/PS2

DOI: 10.1007/s10887-016-9132-9

Access Statistics for this article

Journal of Economic Growth is currently edited by Oded Galor

More articles in Journal of Economic Growth from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2021-05-08
Handle: RePEc:kap:jecgro:v:21:y:2016:i:4:d:10.1007_s10887-016-9132-9