The Colonial Origins of Comparative Development: An Empirical Investigation

@article{Acemoglu2000TheCO,
  title={The Colonial Origins of Comparative Development: An Empirical Investigation},
  author={Daron Acemoglu and Simon Johnson and James A. Robinson},
  journal={MIT Economics Department Working Paper Series},
  year={2000}
}
We exploit differences in the mortality rates faced by European colonialists to estimate the effect of institutions on economic performance. Our argument is that Europeans adopted very different colonization policies in different colonies, with different associated institutions. The choice of colonization strategy was, at least in part, determined by whether Europeans could settle in the colony. In places where Europeans faced high mortality rates, they could not settle and they were more… 
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