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Colonial Theories of Institutional Development

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This book analyzes the role played by initial endowments and colonizer identity in seeking to explain institutional development in... Weiterlesen
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Beschreibung

This book analyzes the role played by initial endowments and colonizer identity in seeking to explain institutional development in former colonies. It presents a model of two styles of imperialism that integrates the colonial origin and endowment views explaining current institutions. The authors argue that Great Britain and Portugal adopted an 'economically-oriented' style, which was pragmatic and sensitive to initial conditions. For this style of imperialism the endowment view is applicable. In contrast, France employed a 'politically-oriented' style of imperialism, in which ideological and political motivations were more present. This led to a uniform colonial policy that largely disregarded initial endowments. In turn, the case of Spain represents a hybrid of the two models. The empirical analysis presented here reveals a remarkable degree of heterogeneity in the relationship of endowments and colonizer identity with current institutions. 




Diego Romero-Ávila is Associate Professor at Pablo de Olavide University. He has been Research Fellow at the European Central Bank, Visiting Professor at Vienna University of Economics and Business, and External Consultant at the World Bank. His research interests lie in the fields of Macroeconomics and Development Economics. He has published articles in such academic journals as International Economic Review, Journal of the European Economic Association, Journal of Economic Growth, Journal of Law and Economics, Journal of Money, Credit and Banking, and Economic Inquiry, among others.

Daniel Oto-Peralías is Assistant Professor at St Andrews University School of Management. He holds university degrees in Management and Business Administration and in Law, and has conducted postgraduate studies in economics and politics. He received his PhD from Pablo de Olavide University (Spain) in June 2014. His research focuses on the fields of law and finance and economic development, particularly on the role played by inequality and institutions in economic activity and welfare, paying special attention to the historical processes involved. Daniel has contributed to many economics conferences and has published articles in prestigious economic journals such as Journal of the European Economic Association, Journal of Economic Growth, Journal of Money, Credit, and Banking, and Journal of Law and Economics. During 2016 he undertook consultancy work for the World Bank on the subject of law and development. 




Autorentext

Diego Romero-Ávila is Associate Professor at Pablo de Olavide University. He has been Research Fellow at the European Central Bank, Visiting Professor at Vienna University of Economics and Business, and External Consultant at the World Bank. His research interests lie in the fields of Macroeconomics and Development Economics. He has published articles in such academic journals as International Economic Review, Journal of the European Economic Association, Journal of Economic Growth, Journal of Law and Economics, Journal of Money, Credit and Banking, and Economic Inquiry, among others.

Daniel Oto-Peralías is Assistant Professor at St Andrews University School of Management. He holds university degrees in Management and Business Administration and in Law, and has conducted postgraduate studies in economics and politics. He received his PhD from Pablo de Olavide University (Spain) in June 2014. His research focuses on the fields of law and finance and economic development, particularly on the role played by inequality and institutions in economic activity and welfare, paying special attention to the historical processes involved. Daniel has contributed to many economics conferences and has published articles in prestigious economic journals such as Journal of the European Economic Association, Journal of Economic Growth, Journal of Money, Credit, and Banking, and Journal of Law and Economics. During 2016 he undertook consultancy work for the World Bank on the subject of law and development. 




Inhalt

Chapter 1. Introduction

1.1 On the importance of institutions

1.2 Determinants of institutional quality: The key role of European colonialism

<1.3 Toward a model of styles of imperialism

1.4 Preliminary empirical evidence

1.5 Structure of the study

Chapter 2. Views Linking Colonialism with Institutions

2.1. The Colonial Origin View

2.2. The Endowment View

2.3. The Eclectic View

2.4 Other Related Literature

2.4.1 Additional studies on colonialism

2.4.2 Studies about the importance of precolonial institutions

2.4.3 Other work on the historical roots of comparative development

Chapter 3. A Model of Two Styles of Imperialism 3.1. The Theoretical Framework

3.2. An Application to European Colonial Empires

3.2.1. The British Empire

3.2.2. The French Empire

3.2.3. The Spanish Empire

3.2.4. The Portuguese Empire

3.2.5. The Remainder Empires

3.3. Some General Observations between Domestic Conditions and the Style of Imperialism

Chapter 4. Empirical Methodology and Baseline Regression Results

4.1. Empirical Strategy and Data Description

4.2. Initial Results: Additive Model versus Interaction Model

Chapter 5. Sensitivity to Alternative Theories

5.1 Timing and Duration of Colonization

5.2 Sociological and Anthropological Factors

5.3 Geographic and Climatic Factors

Chapter 6. Further Sensitivity Analyses

6.1. Robustness to Sample Selection and Outliers

6.2 Robustness to Institutional Indicators

6.3 Robustness to Endowment Indicators

6.4. Limiting the Range in the Distribution of Endowments to French Range

Chapter 7. Exploring the Mechanism of Colonial Rule

Chapter 8. The Legacy of European Colonialism on Relevant Determinants of Institutional Development

Chapter 9.Conclusions

References

Appendix

Produktinformationen

Titel: Colonial Theories of Institutional Development
Untertitel: Toward a Model of Styles of Imperialism
Autor:
EAN: 9783319541273
ISBN: 978-3-319-54127-3
Digitaler Kopierschutz: Wasserzeichen
Format: E-Book (pdf)
Herausgeber: Springer
Genre: Wirtschaft
Anzahl Seiten: 146
Veröffentlichung: 23.03.2017
Jahr: 2017
Untertitel: Englisch
Dateigrösse: 2.5 MB