Hostname: page-component-78c5997874-s2hrs Total loading time: 0 Render date: 2024-11-05T12:19:51.106Z Has data issue: false hasContentIssue false

Economic Backwardness in Political Perspective

Published online by Cambridge University Press:  28 February 2006

DARON ACEMOGLU
Affiliation:
Massachusetts Institute of Technology
JAMES A. ROBINSON
Affiliation:
Harvard University

Abstract

We construct a simple model where political elites may block technological and institutional development, because of a “political replacement effect.” Innovations often erode elites' incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political elites are unwilling to initiate change and may even block economic development. We show that the relationship between blocking and political competition is nonmonotonic: elites are unlikely to block development when there is a high degree of political competition or when they are highly entrenched. It is only when political competition is limited and also when their power is threatened that elites will block development. Blocking is also more likely when political stakes are higher, for example, because of land rents enjoyed by the elites. External threats, on the other hand, may reduce the incentives to block.

Type
ARTICLES
Copyright
© 2006 by the American Political Science Association

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Acemoglu Daron. 2003. “Why Not a Political Coase Theorem?Journal of Comparative Economics 31 (4): 62052.Google Scholar
Acemoglu Daron, Simon Johnson, and James A. Robinson. 2002. “Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution.” Quarterly Journal of Economics 117 (November): 123194.Google Scholar
Acemoglu Daron, and James A. Robinson. 2000a. “Political Losers as a Barrier to Economic Development.” American Economic Review Papers and Proceedings 90 (May): 12630.Google Scholar
Acemoglu Daron, and James A. Robinson. 2000b. “Why Did the West Extend the Franchise? Democracy, Inequality and Growth in Historical Perspective.” Quarterly Journal of Economics 115 (November): 116799.Google Scholar
Acemoglu Daron, and James A. Robinson. 2002. “Economic Backwardness in Political Perspective.” NBER Working Paper #8831.Google Scholar
Acemoglu Daron, and James A. Robinson. 2005. Economic Origins of Dictatorship and Democracy. New York: Cambridge University Press.
Alesina Alberto, and Allan M. Drazen. 1991. “Why are Stabilizations Delayed?American Economic Review 81 (December): 117088.Google Scholar
Arrow Kenneth J. 1962. “The Economic Implications of Learning-by-Doing.” Review of Economic Studies 29 (June): 15573.Google Scholar
Bairoch Paul. 1982. “International Industrialization Levels from 1750 to 1980.” Journal of Economic History 11 (Fall): 269333.Google Scholar
Berman Sheri E. 2001. “Modernization in Historical Perspective: The Case of Imperial Germany.” World Politics 53 (April): 43162.Google Scholar
Blackbourn David. 1997. The Long Nineteenth Century. London: Fontana.
Blum Jerome. 1943. “Transportation and Industry in Austria, 1815–1848.” Journal of Modern History 15 (March): 2438.Google Scholar
Blum Jerome. 1948. Noble Landowners and Agriculture in Austria, 1815–1848; A Study of the Origins of the Peasant Emancipation of 1848. Baltimore: Johns Hopkins University Press.
Bourguignon Francois, and Thierry Verdier. 2000. “Oligarchy, Democracy, Inequality and Growth.” Journal of Development Economics 62 (August): 285313.Google Scholar
Bueno de Mesquita Bruce, and Alastair Smith. 2004. “The Political Economy of Corporate Fraud.” Unpublished, Department of Politics, New York University.
Cain Philip J., and Anthony G. Hopkins. 2000. British Imperialism. 2nd Edition. New York: Longman.
Curtin Philip D. 2000. The World and the West: The European Challenge and Overseas Response in the Age of Empire. New York: Cambridge University Press.
Eddie Scott. 1989. “Economic Policy and Economic Development in Austria-Hungary, 1867–1913.” in Peter Mathias and Sidney Pollard eds. The Cambridge Economic History of Europe, Volume 8, New York: Cambridge University Press.
Eley Geoffrey. 1984. “The British Model and the German Road: Rethinking the course of German History before 1914.” In The Peculiarities of German History. eds. David Blackbourn and Geoffrey Eley. Oxford: Oxford University Press.
Fernández Raquel, and Dani Rodrik. 1991. “Resistance to Reform: Status Quo Bias in the Presence of Individual-Specific Uncertainty.” American Economic Review 81 (December): 114655.Google Scholar
Freudenberger Herman. 1967. “State Intervention as an Obstacle to Economic Growth in the Habsburg Monarchy.” Journal of Economic History 27 (December): 493509.Google Scholar
Gerschenkron Alexander. 1943. Bread and Democracy in Germany. Berkeley: University of California Press.
Gerschenkron Alexander. 1962. Economic Backwardness in Historical Perspective. Cambridge: Harvard University Press.
Gerschenkron Alexander. 1970. Europe in the Russian Mirror: Four Lectures in Economic History. New York: Cambridge University Press.
Good David F. 1984. The Economic Rise of the Habsburg Empire, 1750–1914. Berkeley: University of California Press.
Good David F. 1991. “Austria-Hungary.” In Patterns of European Industrialization: The Nineteenth Century. eds. Richard Sylla and Gianni Toniolo. New York: Routledge.
Gregory Paul R. 1991. “The Role of the State in Promoting Economic Development: The Russian Case and its General Implications.” In Patterns of European Industrialization: The Nineteenth Century. eds. Richard Sylla and Gianni Toniolo. New York: Routledge.
Gross Nachaum. 1973. “The Industrial Revolution in the Habsburg Monarchy, 1750–1914.” In The Fontana Economic History of Europe. Vol. 4, ed. Carlo M. Cipolla. London: Fontana Books.
Hellman Joel S. 1998. “Winner Takes All: The Politics of Partial Reform in Postcommunist Transitions.” World Politics 50 (January): 20334.Google Scholar
Hill Christopher. 1981. The Century of Revolution, New York: Norton.
Krusell Per, and José-Víctor Ríos-Rull. 1996. “Vested Interests in a Theory of Growth and Stagnation.” Review of Economic Studies 63 (April): 30129.Google Scholar
Kuznets Simon. 1968. Towards a Theory of Economic Growth. New Haven: Yale University Press.
Macpherson W. J. 1987. The Economic Development of Japan 1868–1941 New York: Cambridge University Press.
Madison James., Alexander Hamilton, and John Jay. 1987. The Federalist: A Collection of Essays Written in Favor of the New Constitution. New York: Penguin.
Maddison Angus. 1995. Monitoring the World Economy 1820–1991. Paris: OECD.
McDaniel Timothy. 1988. Autocracy and Modernization in Russia. Princeton: Princeton University Press.
McDaniel Timothy. 1991. Autocracy, Modernization and Revolution in Russia and Iran. Princeton: Princeton University Press.
Mokyr Joel. 1990. The Lever of Riches. New York: Oxford University Press.
Moore Barrington Jr. 1966. The Social Origins of Dictatorship and Democracy. Boston: Beacon Press.
Mosse W. E. 1992. An Economic History of Russia, 1856–1914. London: I.B. Taurus Press.
North Douglass C., and Barry R. Weingast. 1989. “Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England.” Journal of Economic History 49 (December): 80332.Google Scholar
Olson Mancur C. 1982. The Rise and Decline of Nations. New Haven: Yale University Press.
Parente Stephen L., and Edward C. Prescott. 1999. “Monopoly Rights: A Barrier to Riches.” American Economic Review 89 (December): 121633.Google Scholar
Portal Roger. 1965. “The Industrialization of Russia.” In The Cambridge Economic History of Europe. Vol. 7, Part 2, eds. Peter Mathias and M. M. Postan. New York: Cambridge University Press.
Robinson James A. 1997. “When is a State Predatory?Unpublished, Department of Government, Harvard University.
Saville John. 1994. The Consolidation of the Capitalist State: 1800–1850. London: Pluto Press.
Thompson Edward P. 1975. Whigs and Hunters: The Origin of the Black Act. London: Allen Lane.
Tipton Francis B. 1974. “Farm Labour and Power Politics: Germany 1850–1914.” Journal of Economic History 34 (December): 95179.Google Scholar
Tracey Michael. 1989. Government and Agriculture in Western Europe, 1880–1988. New York: New York University Press.
Trebilcock Clive. 1981. The Industrialization of the Continental Powers. New York: Longman.
Submit a response

Comments

No Comments have been published for this article.