Abstract

CEPEDA EMILIANI, Laura  and  MEISEL ROCA, Adolfo. Will there be a second opportunity on earth? Colonial institutions and regional economic disparities in Colombia. Rev.econ.inst. [online]. 2014, vol.16, n.31, pp.287-310. ISSN 0124-5996.

In this paper we analyze the colonial origins of the current economic inequalities among the regions of Colombia. The major geographical aspects of the Colombian territory are discussed, since together with institutions geography is considered to be a key determinant of economic prosperity in the long run. A simple model relating prosperity with a proxy for institutions and geographical variables was estimated for the cities with more than 100.000 inhabitants. We also discuss one of the main options for the advancement of regions with a history of extractive colonial institutions investment in human capital.

Keywords : geography; institutions; human capital; economic inequality; economic development.

        · abstract in Spanish     · text in Spanish     · Spanish ( pdf )