Replication data for: The Colonial Origins of Comparative Development: An Empirical Investigation: Comment
Principal Investigator(s): View help for Principal Investigator(s) David Y. Albouy
Version: View help for Version V1
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Citation:
Albouy, David Y. Replication data for: The Colonial Origins of Comparative Development: An Empirical Investigation: Comment: AER20041216_data. Nashville, TN: American Economic Association [publisher], 2012. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112563V1-171601
To view the citation for the overall project, see http://doi.org/10.3886/E112563V1.
Project Description
Summary:
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Acemoglu, Johnson, and Robinson's (2001) seminal article argues property-rights institutions powerfully affect national income, using estimated mortality rates of early European settlers to instrument capital expropriation risk. However, 36 of the 64 countries in the sample are assigned
mortality rates from other countries, often based on mistaken or conflicting evidence. Also, incomparable mortality rates from populations of laborers, bishops, and soldiers—often on campaign—are combined in a manner that favors the hypothesis. When these data issues are controlled for, the relationship between mortality and expropriation risk lacks robustness, and
instrumental-variable estimates become unreliable, often with infinite confidence intervals. (JEL D02, E23, F54, I12, N40, O43, P14)
Scope of Project
JEL Classification:
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D02 Institutions: Design, Formation, Operations, and Impact
E23 Macroeconomics: Production
F54 Colonialism; Imperialism; Postcolonialism
I12 Health Behavior
N40 Economic History: Government, War, Law, International Relations, and Regulation: General, International, or Comparative
O43 Institutions and Growth
P14 Capitalist Systems: Property Rights
D02 Institutions: Design, Formation, Operations, and Impact
E23 Macroeconomics: Production
F54 Colonialism; Imperialism; Postcolonialism
I12 Health Behavior
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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