The economic consequences of the Spanish Reconquest: the long-term effects of Medieval conquest and colonization

@article{OtoPeralas2016TheEC,
  title={The economic consequences of the Spanish Reconquest: the long-term effects of Medieval conquest and colonization},
  author={Daniel Oto-Peral{\'i}as and Diego Romero-{\'A}vila},
  journal={Journal of Economic Growth},
  year={2016},
  volume={21},
  pages={409-464}
}
This paper shows that a historical process that ended more than five centuries ago, the Reconquest, is very important to explain Spanish regional economic development down to the present day. An indicator measuring the rate of Reconquest reveals a heavily negative effect on current income differences across the Spanish provinces. A main intervening factor in the impact the Reconquest has had is the concentration of economic and political power in a few hands, excluding large segments of the… 
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