History, institutions and economic performance
the legacy of colonial land tenure systems in India
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Author
Contributions
- Lakshmi Iyer - Contributor
- Massachusetts Institute of Technology. Dept. of Economics - Contributor
Publication
2002 - Massachusetts Institute of Technology, Dept. of Economics, Cambridge, MA, Massachusetts
Language
English
Word Count
7,250 words, Guess
Page Count
29 pages
Identifiers
- Internet Archivehistoryinstituti00bane
- OCLC Control Number58600919
- Open LibraryOL24639999M
Description
Do historical institutions have a persistent impact on economic performance? We analyze the colonial institutions set up by the British to collect land revenue in India, and show that differences in historical property rights institutions lead to sustained differences in economic outcomes. Areas in which proprietary rights in land were historically given to landlords have significantly lower agricultural investments, agricultural productivity and investments in public goods in the post-Independence period than areas in which these rights were given to the cultivators. We verify that these differences are not driven by omitted variables or endogeneity of the historical institutions, and argue that they probably arise because differences in institutions lead to very different policy choices.Keywords: History, land tenure, development. JEL Classifications: O11, P16, P51
Subjects
Series Statement
- Working paper series / Massachusetts Institute of Technology, Dept. of Economics -- working paper 02-27
- Working paper (Massachusetts Institute of Technology. Dept. of Economics) -- no. 02-27.
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