The Consequences of Radical Reform: The French Revolution
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Acemoglu_The consequences.pdf
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Author(s)
Acemoglu, Daron
Cantoni, Davide
Johnson, Simon
Robinson, James A.
Date Issued
January 2011
Journal
American Economic Review
Publisher
American Economic Association
Citation
Acemoglu, Daron et al. "The Consequences of Radical Reform: The French Revolution" American Economic Review, Volume 101, Issue 7, December 2011.
Version
Author's final manuscript
Abstract
The French Revolution had a momentous impact on neighboring
countries. It removed the legal and economic barriers protecting
oligarchies, established the principle of equality before the law, and
prepared economies for the new industrial opportunities of the second
half of the 19th century. We present within-Germany evidence
on the long-run implications of these institutional reforms. Occupied
areas appear to have experienced more rapid urbanization
growth, especially after 1850. A two-stage least squares strategy
provides evidence consistent with the hypothesis that the reforms
instigated by the French had a positive impact on growth.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Sloan School of Management
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DOI of Published Version
http://dx.doi.org/10.1257/aer.101.7.3286
https://doi.org/10.1257/aer.101.7.3286
