No Reversal of Fortune in the Long Run: Geography and Spatial Persistence of Prosperity in Colombia, 1500-2005
Year: 2014
Type: article
Abstract: ABSTRACT This paper examines the non-reversal of fortune thesis proposed by Acemoglu et al. (2002) in the light of the Colombian experience over the last 500 years. Using a total of fourteen national population censuses and the record of tributary Indians in 1559, it is found that the population density of Colombian regions presented a high degree of persistence through time. Thus, the evidence indicates that those places that were prosperous circa 1500 remain so today, and vice versa. These results indicate that the long-run influences of geography on regional economic disparities within a country are not negligible.
Author: Adolfo Meisel
Institution: Banco de la República Colombia
Language: English
Subfield: Demography
Field: Social Sciences
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W2134934015
