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From the following claim: The colonization of much of the world by European countries between the sixteenth and twentieth centuries increased the welfare of the

From the following claim: "The colonization of much of the world by European countries between the sixteenth and twentieth centuries increased the welfare of the colonized." use the paper by

  • Melissa Dell. The persistent effects of Peru's mining mita. Econometrica, 78(6):1863-1903, 2010 and,
  • Daron Acemoglu, Simon Johnson, and James A Robinson. The colonial origins of comparative development: An empirical investigation. American economic review, 91(5):1369-1401, 2001

for reference to take either side to defend the argument by keeping in mind that there is both a short and long run to this claim. The answer should be on the basis of colonized regions and not about European welfare.

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