Ходжа Н. (hojja_nusreddin) wrote,
Ходжа Н.
hojja_nusreddin

Colony times

There's an interesting new paper on this question by James Feyrer and Bruce Sacerdote of Dartmouth College. Rather than relying on the already well-analyzed data of the world's 200 main countries, these authors developed new data on 80 ocean islands. They argued that the date at which these islands were colonized was to some degree a historical accident, and noted that the more years that island spent as a European colony, the higher its GDP is today:

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http://www.econbrowser.com/archives/2007/01/the_distributio.html
Tags: экономика
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