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American Economic Review: Vol. 102 No. 6 (October 2012)

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The Colonial Origins of Comparative Development: An Empirical Investigation: Reply

Article Citation

Acemoglu, Daron, Simon Johnson, and James A. Robinson. 2012. "The Colonial Origins of Comparative Development: An Empirical Investigation: Reply." American Economic Review, 102(6): 3077-3110.

DOI: 10.1257/aer.102.6.3077

Abstract

Acemoglu, Johnson, and Robinson (2001) established that economic institutions today are correlated with expected mortality of European colonialists. David Albouy argues this relationship is not robust. He drops all data from Latin America and much of the data from Africa, making up almost 60 percent of our sample, despite much information on the mortality of Europeans in those places during the colonial period. He also includes a "campaign" dummy that is coded inconsistently; even modest corrections undermine his claims. We also show that limiting the effect of outliers strengthens our results, making them robust to even extreme versions of Albouy's critiques. (JEL D02, E23, F54, I12, N40, O43, P14)

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Authors

Acemoglu, Daron (MIT)
Johnson, Simon (MIT)
Robinson, James A. (Harvard U)

JEL Classifications

D02: Institutions: Design, Formation, and Operations
E23: Macroeconomics: Production
F54: Colonialism; Imperialism; Postcolonialism
I12: Health Production
N40: Economic History: Government, War, Law, International Relations, and Regulation: General, International, or Comparative
O43: Institutions and Growth
P14: Capitalist Systems: Property Rights


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