Journal of Comparative Economics • Vol/Iss. 50 • Elsevier • • Published In • Pages: 969-980 •
Pre-colonial centralization predicts more political centralization and more regional development.
Pre-colonial centralization was significantly related with development while political competition was not. The authors then used the instrumental variable approach and found pre-colonial centralization is a sufficient instrument for political competition, therefore claiming lowering political competitiveness significantly increases contemporary regional development.
|Ordinary least squares regression||Supported||p<0.05 to p<0.1||UNKNOWN||UNKNOWN|