Cognitive capitalism thesis. http://www.nber.org/papers/w18162 pic.twitter.com/EkjzOo3sMX
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Worth noting some statistics suggest almost total capture of the benefits thereof prior to independence. Likely varies between countries, granted. Sketch: colonialism was merely one possible means of distributing tech; benefits mainly accrued once country had tech+autonomy.pic.twitter.com/SOiQRq5ZHu
Interesting plot, but needs log scale Y. It's an obvious RD design. Surely it has been done already? There is one study that used length of colonial rule and modern development (forgot the study name). Their data would be useful here.
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Here is some further discussion, as well as a longer history (granted, with inherently greater uncertainty):http://www.ideasforindia.in/topics/governance/why-did-the-indian-economy-stagnate-under-the-colonial-rule.html …
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