The Persistence of (Subnational) Fortune : Geography, Agglomeration, and Institutions in the New World

Using subnational historical data, this paper establishes the within country persistence of economic activity in the New World over the last half millennium. The paper constructs a data set incorporating measures of pre-colonial population density,...

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Main Authors: Maloney, William F., Caicedo, Felipe Valencia
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
AIR
GDP
SEX
TAX
WEB
Online Access:http://documents.worldbank.org/curated/en/2012/09/16698910/persistence-subnational-fortune-feography-agglomeration-institutions-new-world
http://hdl.handle.net/10986/12047
id okr-10986-12047
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGRICULTURAL PRODUCTION
AGRICULTURE
AIR
AIR CONDITIONING
AIR TRANSPORT
ARTISANS
AVERAGE INCOME
AVERAGE INCOMES
AVERAGE SHARE
BANKRUPTCY
BASIC NEEDS
CAPITAL INVESTMENT
CENSUSES
CIVIL WAR
COMMERCE
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONCENTRATION OF POPULATION
COUNTRY LEVEL
COUNTRY REGRESSIONS
CURRENT POPULATION
DATA SET
DATA SETS
DEPENDENT VARIABLE
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DEVELOPMENT OUTCOMES
DEVELOPMENT POLICY
DISEASES
DRAINAGE
DRIVING
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GEOGRAPHY
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC RESEARCH
ECONOMIC REVIEW
ECONOMIC STUDIES
ECONOMICS RESEARCH
ELASTICITY
EMPIRICAL RESULTS
EXISTING POPULATION
EXPLANATORY POWER
EXPORTS
EXTERNALITIES
FARMING AREAS
FINANCIAL SERVICES
FOOD PRODUCTION
FUEL
FUNCTIONAL FORM
FUNCTIONAL FORMS
GDP
GDP PER CAPITA
GEOGRAPHICAL CONTROLS
GROWTH DYNAMICS
GROWTH RATES
GROWTH THEORY
HEAVY RELIANCE
HISTORICAL DATA
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD LEVEL
HOUSEHOLD SURVEYS
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN SETTLEMENT
IMMIGRATION
INCOME DATA
INCOME DISTRIBUTION
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDIGENOUS PEOPLE
INDIGENOUS PEOPLES
INDIGENOUS POPULATIONS
INDUSTRIAL REVOLUTION
INEQUALITY
INFORMATION SYSTEM
INNOVATION
INSTITUTION
LABOR FORCE
LAND TENURE
LARGE POPULATION
LARGE POPULATIONS
LEVEL OF DEVELOPMENT
LOCAL DEVELOPMENT
LOCAL ECONOMY
LOCALIZATION
MACROECONOMICS
MANUFACTURING
MANUFACTURING INDUSTRIES
MARKET SHARE
MEAN VALUE
MIDDLEMEN
MODE OF TRANSPORTATION
MONETARY ECONOMICS
NATIONAL BOUNDARIES
NATIONAL GOVERNMENT
NATIONAL GOVERNMENTS
NATIONAL INFRASTRUCTURE
NATIONAL LEVEL
NATIONAL POLICIES
NATIVE POPULATION
NATURAL DISASTERS
NATURAL RESOURCE
NATURAL RESOURCES
NEGATIVE COEFFICIENT
NEGATIVE COEFFICIENTS
NEGATIVE CORRELATION
NEGATIVE IMPACT
NEGATIVE RELATIONSHIP
NET EFFECT
NETWORKS
NEW TECHNOLOGIES
OPEN ACCESS
PATH DEPENDENCE
PER CAPITA INCOME
PER CAPITA INCOMES
POLICY DISCUSSIONS
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
POLITICAL ECONOMY
POLITICAL ECONOMY CONSIDERATIONS
POLITICAL POWER
POPULATION CENTER
POPULATION DENSITIES
POPULATION DENSITY
POPULATION ESTIMATES
POPULATION SETTLEMENTS
POSITIVE COEFFICIENT
POSITIVE CORRELATION
POSITIVE EXTERNALITIES
POSITIVE RELATIONSHIP
PRODUCTIVITY
PROGRESS
PROPERTY RIGHTS
PUBLIC ADMINISTRATION
PUBLIC GOOD
PUBLIC GOODS
RAILROAD
RAILROADS
RAILWAY
REGIONAL DIFFERENCES
REGIONAL LEVEL
REGIONAL POPULATION
RELATIONSHIP BETWEEN POPULATION
RELATIVE IMPORTANCE
RESPECT
RESULT
ROUTE
ROUTES
SATELLITE
SEA LEVEL
SEX
SIGNIFICANT CORRELATION
SIGNIFICANT NEGATIVE
SIGNIFICANT RELATIONSHIP
SITES
SOCIAL STRUCTURE
SPATIAL DISTRIBUTION
TAX
TRADE LIBERALIZATION
TRADE POLICY
TRANSLATION
TRANSPORT
TRANSPORT SERVICES
TRANSPORTATION
TRAUMA
TRUE
TUNNEL
VALUE ADDED
WEALTH
WEB
spellingShingle AGRICULTURAL PRODUCTION
AGRICULTURE
AIR
AIR CONDITIONING
AIR TRANSPORT
ARTISANS
AVERAGE INCOME
AVERAGE INCOMES
AVERAGE SHARE
BANKRUPTCY
BASIC NEEDS
CAPITAL INVESTMENT
CENSUSES
CIVIL WAR
COMMERCE
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONCENTRATION OF POPULATION
COUNTRY LEVEL
COUNTRY REGRESSIONS
CURRENT POPULATION
DATA SET
DATA SETS
DEPENDENT VARIABLE
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DEVELOPMENT OUTCOMES
DEVELOPMENT POLICY
DISEASES
DRAINAGE
DRIVING
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GEOGRAPHY
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC RESEARCH
ECONOMIC REVIEW
ECONOMIC STUDIES
ECONOMICS RESEARCH
ELASTICITY
EMPIRICAL RESULTS
EXISTING POPULATION
EXPLANATORY POWER
EXPORTS
EXTERNALITIES
FARMING AREAS
FINANCIAL SERVICES
FOOD PRODUCTION
FUEL
FUNCTIONAL FORM
FUNCTIONAL FORMS
GDP
GDP PER CAPITA
GEOGRAPHICAL CONTROLS
GROWTH DYNAMICS
GROWTH RATES
GROWTH THEORY
HEAVY RELIANCE
HISTORICAL DATA
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD LEVEL
HOUSEHOLD SURVEYS
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN SETTLEMENT
IMMIGRATION
INCOME DATA
INCOME DISTRIBUTION
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDIGENOUS PEOPLE
INDIGENOUS PEOPLES
INDIGENOUS POPULATIONS
INDUSTRIAL REVOLUTION
INEQUALITY
INFORMATION SYSTEM
INNOVATION
INSTITUTION
LABOR FORCE
LAND TENURE
LARGE POPULATION
LARGE POPULATIONS
LEVEL OF DEVELOPMENT
LOCAL DEVELOPMENT
LOCAL ECONOMY
LOCALIZATION
MACROECONOMICS
MANUFACTURING
MANUFACTURING INDUSTRIES
MARKET SHARE
MEAN VALUE
MIDDLEMEN
MODE OF TRANSPORTATION
MONETARY ECONOMICS
NATIONAL BOUNDARIES
NATIONAL GOVERNMENT
NATIONAL GOVERNMENTS
NATIONAL INFRASTRUCTURE
NATIONAL LEVEL
NATIONAL POLICIES
NATIVE POPULATION
NATURAL DISASTERS
NATURAL RESOURCE
NATURAL RESOURCES
NEGATIVE COEFFICIENT
NEGATIVE COEFFICIENTS
NEGATIVE CORRELATION
NEGATIVE IMPACT
NEGATIVE RELATIONSHIP
NET EFFECT
NETWORKS
NEW TECHNOLOGIES
OPEN ACCESS
PATH DEPENDENCE
PER CAPITA INCOME
PER CAPITA INCOMES
POLICY DISCUSSIONS
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
POLITICAL ECONOMY
POLITICAL ECONOMY CONSIDERATIONS
POLITICAL POWER
POPULATION CENTER
POPULATION DENSITIES
POPULATION DENSITY
POPULATION ESTIMATES
POPULATION SETTLEMENTS
POSITIVE COEFFICIENT
POSITIVE CORRELATION
POSITIVE EXTERNALITIES
POSITIVE RELATIONSHIP
PRODUCTIVITY
PROGRESS
PROPERTY RIGHTS
PUBLIC ADMINISTRATION
PUBLIC GOOD
PUBLIC GOODS
RAILROAD
RAILROADS
RAILWAY
REGIONAL DIFFERENCES
REGIONAL LEVEL
REGIONAL POPULATION
RELATIONSHIP BETWEEN POPULATION
RELATIVE IMPORTANCE
RESPECT
RESULT
ROUTE
ROUTES
SATELLITE
SEA LEVEL
SEX
SIGNIFICANT CORRELATION
SIGNIFICANT NEGATIVE
SIGNIFICANT RELATIONSHIP
SITES
SOCIAL STRUCTURE
SPATIAL DISTRIBUTION
TAX
TRADE LIBERALIZATION
TRADE POLICY
TRANSLATION
TRANSPORT
TRANSPORT SERVICES
TRANSPORTATION
TRAUMA
TRUE
TUNNEL
VALUE ADDED
WEALTH
WEB
Maloney, William F.
Caicedo, Felipe Valencia
The Persistence of (Subnational) Fortune : Geography, Agglomeration, and Institutions in the New World
relation Policy Research Working Paper; No. 6187
description Using subnational historical data, this paper establishes the within country persistence of economic activity in the New World over the last half millennium. The paper constructs a data set incorporating measures of pre-colonial population density, new measures of present regional per capita income and population, and a comprehensive set of locational fundamentals. These fundamentals are shown to have explanatory power: native populations throughout the hemisphere were found in more livable and productive places. It is then shown that high pre-colonial density areas tend to be dense today: population agglomerations persist. The data and historical evidence suggest this is due partly to locational fundamentals, but also to classic agglomeration effects: colonialists established settlements near existing native populations for reasons of labor, trade, knowledge and defense. Further, high density (historically prosperous) areas also tend to have higher incomes today, and largely due to agglomeration effects: fortune persists for the United States and most of Latin America. Finally extractive institutions, in this case, slavery, reduce persistence even if they do not overwhelm other forces in its favor.
format Publications & Research :: Policy Research Working Paper
author Maloney, William F.
Caicedo, Felipe Valencia
author_facet Maloney, William F.
Caicedo, Felipe Valencia
author_sort Maloney, William F.
title The Persistence of (Subnational) Fortune : Geography, Agglomeration, and Institutions in the New World
title_short The Persistence of (Subnational) Fortune : Geography, Agglomeration, and Institutions in the New World
title_full The Persistence of (Subnational) Fortune : Geography, Agglomeration, and Institutions in the New World
title_fullStr The Persistence of (Subnational) Fortune : Geography, Agglomeration, and Institutions in the New World
title_full_unstemmed The Persistence of (Subnational) Fortune : Geography, Agglomeration, and Institutions in the New World
title_sort persistence of (subnational) fortune : geography, agglomeration, and institutions in the new world
publisher World Bank, Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2012/09/16698910/persistence-subnational-fortune-feography-agglomeration-institutions-new-world
http://hdl.handle.net/10986/12047
_version_ 1764418780524445696
spelling okr-10986-120472021-04-23T14:02:59Z The Persistence of (Subnational) Fortune : Geography, Agglomeration, and Institutions in the New World Maloney, William F. Caicedo, Felipe Valencia AGRICULTURAL PRODUCTION AGRICULTURE AIR AIR CONDITIONING AIR TRANSPORT ARTISANS AVERAGE INCOME AVERAGE INCOMES AVERAGE SHARE BANKRUPTCY BASIC NEEDS CAPITAL INVESTMENT CENSUSES CIVIL WAR COMMERCE COMPARATIVE ADVANTAGE COMPETITIVENESS CONCENTRATION OF POPULATION COUNTRY LEVEL COUNTRY REGRESSIONS CURRENT POPULATION DATA SET DATA SETS DEPENDENT VARIABLE DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT OUTCOMES DEVELOPMENT POLICY DISEASES DRAINAGE DRIVING ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC RESEARCH ECONOMIC REVIEW ECONOMIC STUDIES ECONOMICS RESEARCH ELASTICITY EMPIRICAL RESULTS EXISTING POPULATION EXPLANATORY POWER EXPORTS EXTERNALITIES FARMING AREAS FINANCIAL SERVICES FOOD PRODUCTION FUEL FUNCTIONAL FORM FUNCTIONAL FORMS GDP GDP PER CAPITA GEOGRAPHICAL CONTROLS GROWTH DYNAMICS GROWTH RATES GROWTH THEORY HEAVY RELIANCE HISTORICAL DATA HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD LEVEL HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT HUMAN SETTLEMENT IMMIGRATION INCOME DATA INCOME DISTRIBUTION INCREASING RETURNS INCREASING RETURNS TO SCALE INDIGENOUS PEOPLE INDIGENOUS PEOPLES INDIGENOUS POPULATIONS INDUSTRIAL REVOLUTION INEQUALITY INFORMATION SYSTEM INNOVATION INSTITUTION LABOR FORCE LAND TENURE LARGE POPULATION LARGE POPULATIONS LEVEL OF DEVELOPMENT LOCAL DEVELOPMENT LOCAL ECONOMY LOCALIZATION MACROECONOMICS MANUFACTURING MANUFACTURING INDUSTRIES MARKET SHARE MEAN VALUE MIDDLEMEN MODE OF TRANSPORTATION MONETARY ECONOMICS NATIONAL BOUNDARIES NATIONAL GOVERNMENT NATIONAL GOVERNMENTS NATIONAL INFRASTRUCTURE NATIONAL LEVEL NATIONAL POLICIES NATIVE POPULATION NATURAL DISASTERS NATURAL RESOURCE NATURAL RESOURCES NEGATIVE COEFFICIENT NEGATIVE COEFFICIENTS NEGATIVE CORRELATION NEGATIVE IMPACT NEGATIVE RELATIONSHIP NET EFFECT NETWORKS NEW TECHNOLOGIES OPEN ACCESS PATH DEPENDENCE PER CAPITA INCOME PER CAPITA INCOMES POLICY DISCUSSIONS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLITICAL ECONOMY POLITICAL ECONOMY CONSIDERATIONS POLITICAL POWER POPULATION CENTER POPULATION DENSITIES POPULATION DENSITY POPULATION ESTIMATES POPULATION SETTLEMENTS POSITIVE COEFFICIENT POSITIVE CORRELATION POSITIVE EXTERNALITIES POSITIVE RELATIONSHIP PRODUCTIVITY PROGRESS PROPERTY RIGHTS PUBLIC ADMINISTRATION PUBLIC GOOD PUBLIC GOODS RAILROAD RAILROADS RAILWAY REGIONAL DIFFERENCES REGIONAL LEVEL REGIONAL POPULATION RELATIONSHIP BETWEEN POPULATION RELATIVE IMPORTANCE RESPECT RESULT ROUTE ROUTES SATELLITE SEA LEVEL SEX SIGNIFICANT CORRELATION SIGNIFICANT NEGATIVE SIGNIFICANT RELATIONSHIP SITES SOCIAL STRUCTURE SPATIAL DISTRIBUTION TAX TRADE LIBERALIZATION TRADE POLICY TRANSLATION TRANSPORT TRANSPORT SERVICES TRANSPORTATION TRAUMA TRUE TUNNEL VALUE ADDED WEALTH WEB Using subnational historical data, this paper establishes the within country persistence of economic activity in the New World over the last half millennium. The paper constructs a data set incorporating measures of pre-colonial population density, new measures of present regional per capita income and population, and a comprehensive set of locational fundamentals. These fundamentals are shown to have explanatory power: native populations throughout the hemisphere were found in more livable and productive places. It is then shown that high pre-colonial density areas tend to be dense today: population agglomerations persist. The data and historical evidence suggest this is due partly to locational fundamentals, but also to classic agglomeration effects: colonialists established settlements near existing native populations for reasons of labor, trade, knowledge and defense. Further, high density (historically prosperous) areas also tend to have higher incomes today, and largely due to agglomeration effects: fortune persists for the United States and most of Latin America. Finally extractive institutions, in this case, slavery, reduce persistence even if they do not overwhelm other forces in its favor. 2013-01-02T20:49:39Z 2013-01-02T20:49:39Z 2012-09 http://documents.worldbank.org/curated/en/2012/09/16698910/persistence-subnational-fortune-feography-agglomeration-institutions-new-world http://hdl.handle.net/10986/12047 English en_US Policy Research Working Paper; No. 6187 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research