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论坛 金融投资论坛 六区 金融学(理论版)
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2020-11-10
Introduction:
Can part of Africa’s current underdevelopment be explained by its slavetrades? To explore this question, I use data from shipping records and historicaldocuments reporting slave ethnicities to construct estimates of the number of slaves exported from each country during Africa’s slave trades. I find a robust negative relationship between the number of slaves exported from a country and current economic performance. To better understand if the relationship is causal, I examine the historical evidence on selection into the slave trades and use instrumental variables. Together the evidence suggests that the slave trades had an
adverse effect on economic development

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