Colonialism and Modern Income -- Islands as Natural Experiments

Using a new database of islands throughout the Atlantic, Pacific and Indian Oceans we examine whether colonial origins affect modern economic outcomes. We argue that the nature of discovery and colonization of islands provides random variation in the length and type of colonial experience. We instrument for length of colonization using wind direction and wind speed. Wind patterns which mattered a

[optical_frog]

（植民地支配が早くに始まった島ほど豊かになっているという研究；もちろん植民地支配を正当化しようとするものではない）