American Economic Review Vol. 102 No. 6 2012

The Colonial Origins of Comparative Development: An Empirical Investigation: Reply

Daron Acemoglu¹; Simon Johnson²; James A. Robinson³

¹ Department of Economics, Massachusetts Institute of Technology, 50 Memorial Drive, Cambridge, MA 02142. · ² Sloan School of Management, Massachusetts Institute of Technology, 50 Memorial Drive, Cambridge, MA 02142. · ³ Harvard University, 1737 Cambridge St., Cambridge, MA 02138.

Abstract

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.

DOI

10.1257/aer.102.6.3077

Volume

102

Issue

6

Pages

3077-3110

Language

en

Sources

openalex bibtex:phds-export.bib crossref

Cite

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