RDJ
27th December 2015, 10:56
The Money Quote
"Colonialism and Modern Income... we find a robust positive relationship between the number of years spent as a European colony and current GDP per capita."
Also...
"The data also suggest that years as a colony after 1700 are more beneficial than earlier years...
"We also find a discernable pecking order amongst the colonial powers, with years under US, British, French and Dutch rule having more beneficial effects than Spanish or Portuguese rule.
http://www.dartmouth.edu/~jfeyrer/islands_2007_09.pdf
"Colonialism and Modern Income... we find a robust positive relationship between the number of years spent as a European colony and current GDP per capita."
Also...
"The data also suggest that years as a colony after 1700 are more beneficial than earlier years...
"We also find a discernable pecking order amongst the colonial powers, with years under US, British, French and Dutch rule having more beneficial effects than Spanish or Portuguese rule.
http://www.dartmouth.edu/~jfeyrer/islands_2007_09.pdf