| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1498 |
| DP1498 Do Exchange Rates Move to Address International Macroeconomic Imbalances? | |
| Matthew B Canzoneri; José Viñals; Javier Vallés Liberal | |
| 发表日期 | 1996-10-31 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | This paper investigates the impact of twentieth-century European colonization on African countries. We find that colonization mattered for growth. The following had some beneficial growth effects: being a dependency rather than a colony; being a colony of France or the United Kingdom rather than Belgium, Italy or Portugal; and being less exploited. On average, growth accelerates after independence. Variables proxying for colonial heritage add explanatory power to standard growth regressions, while indicators for human capital and political and ethnic instability lose significance. The coefficient of a dummy for sub-Saharan Africa becomes less significant in a cross section of 98 countries after controlling for colonial experience. |
| 主题 | International Macroeconomics |
| 关键词 | Africa Colonization Growth |
| URL | https://cepr.org/publications/dp1498 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530639 |
| 推荐引用方式 GB/T 7714 | Matthew B Canzoneri,José Viñals,Javier Vallés Liberal. DP1498 Do Exchange Rates Move to Address International Macroeconomic Imbalances?. 1996. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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