COLONIAL INSTITUTIONS AND LONG-RUN ECONOMIC PERFORMANCE IN COLOMBIA: IS THERE EVIDENCE OF PERSISTENCE?

Camilo García Jimeno ()

No 2152, Documentos CEDE from Universidad de los Andes, Facultad de Economía, CEDE

Abstract: A recent body of literature has claimed that differences in long-run economic performance within the Americas stem from the different institutional structures established during colonial times. This research tries to find evidence of institutional persistence in Colombia using direct measures of colonial institutions, particularly the intensity of encomiendas, slavery and State presence. The paper deals with the possible endogeneity of colonial institutions developing an instrumental variables strategy based upon colonial institutional design. We find evidence of institutional persistence of encomienda, slavery and State capacity on a series of current socioeconomic outcomes.

Keywords: Institutions; institutional persistence; colonial history; long run development (search for similar items in EconPapers)
JEL-codes: N26 N36 N46 O18 (search for similar items in EconPapers)
Pages: 52
Date: 2005-10-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:col:000089:002152

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