The Long-Term Effects of Africa's Slave Trades
Nathan Nunn
NBER Working Paper No. 13367
September 2007

ABSTRACT
Can part of Africa's current underdevelopment be explained by its slave
trades? To explore this question, I use data from shipping records and
historical documents reporting slave ethnicities to construct estimates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 have had an adverse effect on economic development.

full: http://www.econ.ubc.ca/nnunn/empirical_slavery.pdf

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