The Colonial Origins of Comparative Development: An Empirical Investigation: Reply
Author(s)
Acemoglu, Daron; Johnson, Simon; Robinson, James A
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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.
Date issued
2012-10Department
Massachusetts Institute of Technology. Department of Economics; Sloan School of ManagementJournal
American Economic Review
Publisher
American Economic Association
Citation
Acemoglu, Daron, Simon Johnson, and James A Robinson. “The Colonial Origins of Comparative Development: An Empirical Investigation: Reply.” American Economic Review 102, no. 6 (October 2012): 3077–3110. Copyright © 2012 by the American Economic Association
Version: Final published version
ISSN
0002-8282
1944-7981