Origins of Latin American inequality

Eslava, Francisco and Valencia Caicedo, Felipe (2023) Origins of Latin American inequality. III Working Paper (95). International Inequalities Institute, London School of Economics and Political Science, London, UK.

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Abstract

How deep are the roots of Latin America’s economic inequalities? In this chapter we survey both the history and the literature about the region’s extreme economic disparities, focusing on the most recent academic contributions. We begin by documenting the broad patterns of national and sub-national differences in income and inequality, building on the seminal contributions of Engerman and Sokoloff (2000; 2002, 2005) and aiming to capture different dimensions of inequality. We then proceed thematically, providing empirical evidence and summarizing the key recent studies on colonial institutions, slavery, land reform, education and the role of elites. Finally, we conduct a “replication” exercise with some seminal papers in the literature, extending their economic results to include different measures of inequality as outcomes.

Item Type:	Monograph (Working Paper)
Official URL:	https://www.lse.ac.uk/International-Inequalities/P...
Additional Information:	© 2023 The Authors
Divisions:	LSE
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions F History United States, Canada, Latin America > F1201 Latin America (General)
JEL classification:	D - Microeconomics > D0 - General > D02 - Institutions: Design, Formation, and Operations D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement I - Health, Education, and Welfare > I2 - Education > I20 - General N - Economic History > N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations > N10 - General, International, or Comparative N - Economic History > N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations > N16 - Latin America; Caribbean O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q15 - Land Ownership and Tenure; Land Reform; Land Use; Irrigation
Date Deposited:	19 Jul 2023 11:30
Last Modified:	14 Sep 2024 04:37
URI:	http://eprints.lse.ac.uk/id/eprint/119763

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