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NATIONAL BUREAU OF ECONOMIC RESEARCH
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Political Power, Elite Control, and Long-Run Development: Evidence from Brazil

Claudio Ferraz, Frederico Finan, Monica Martinez-Bravo

NBER Working Paper No. 27456
Issued in June 2020

---- Acknowledgments ----

We are grateful to Daron Acemoglu, Alberto Alesina, Tim Besley, Robin Burgess, Ernesto Dal Bó, Melissa Dell, Fernando Bizzarro, Francisco Gallego, Oded Galor, Frances Hagopian, Nathan Nunn, Gerard Padro-i-Miquel, Rohini Pande, James Robinson, Rodrigo Soares, Francesco Trebbi, and participants at various seminars and conferences for comments and suggestions. We would also like to thank Marianna Almeida, Olatz Roman and Didac Martí for excellence research assistance during this project. We thank financial support for this project from the Spanish Ministry of Science and Innovation (grant ERC2018-092849). The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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