Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource BIbliografia Colonizzazioni interne Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Colonialism and Modern Income: Islands as Natural Experiments Type The nature or genre of the resource Journal Article Creator An entity primarily responsible for making the resource James Feyrer Bruce Sacerdote Date A point or period of time associated with an event in the lifecycle of the resource Maggio 1, 2009 Zotero Title Colonialism and Modern Income: Islands as Natural Experiments Item Type Journal Article Author James Feyrer Bruce Sacerdote URL http://dx.doi.org/10.1162/rest.91.2.245 Volume 91 Issue 2 Pages 245-262 Publication Title Review of Economics and Statistics ISSN 0034-6535 Date Maggio 1, 2009 Journal Abbreviation Review of Economics and Statistics DOI 10.1162/rest.91.2.245 Access Date 2015-02-16 21:33:53 Library Catalog MIT Press Journals Abstract Note Using a new database of islands throughout the Atlantic, Pacific, and Indian Oceans we find a robust positive relationship between the number of years spent as a European colony and current GDP per capita. We argue that the nature of discovery and colonization of islands provides random variation in the length and type of colonial experience. We instrument for length of colonization using variation in prevailing wind patterns. We argue that wind speed and direction had a significant effect on historical colonial rule but do not have a direct effect on GDP today. The data also suggest that years as a colony after 1700 are more beneficial than earlier years. We also find a discernable pecking order among the colonial powers, with years under U.S., British, French, and Dutch rule having more beneficial effects than Spanish or Portuguese rule. Our finding of a strong connection between modern income and years of colonization is conditional on being colonized at all since each of the islands in our data set spent some time under colonial rule. Short Title Colonialism and Modern Income Attachment Title Review of Economics and Statistics Snapshot