Persistence of Fortune: Accounting for Population Movements, There Was No Post-Columbian Reversal
利用当今国家人口的原籍地数据及1500年发展水平指标,发现殖民地在领土层面存在财富逆转,但人口及其后代层面财富持续,且人力资本比制度质量更能解释前殖民条件对现代发展的影响。
Using data on place of origin of today's country populations and the indicators of level of development in 1500 used by Acemoglu, Johnson, and Robinson (2002), we confirm a reversal of fortune for colonized countries as territories, but find persistence of fortune for people and their descendants. Persistence results are at least as strong for three alternative measures of early development, for which reversal for territories, however, fails to hold. Additional exercises lend support to Glaeser et al.'s (2004) view that human capital is a more fundamental channel of influence of precolonial conditions on modern development than is quality of institutions.