Geography, Institutions, and the Making of Comparative Development

Raphael Auer

No 3874, CESifo Working Paper Series from CESifo

Abstract: While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I re-examine the theories put forward by La Porta et al. (1999) and by Acemoglu et al. (2001), finding strong support for both theories, but also evidence that the authors’ estimates are mildly biased since they confound the effect of the historical determinants of institutions with the sizeable direct impact of geographic endowments on development.

Keywords: growth; institutions; geography; comparative development; colonialism (search for similar items in EconPapers)
JEL-codes: F54 N50 O11 P16 P51 R11 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Journal Article: Geography, institutions, and the making of comparative development (2013)
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