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 To explore this question, I use data from shipping records and historical documents reporting slave ethnicities to construct estimates of the number of slaves exported from each country during Africa's slave trades.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.
*Published:
Nathan Nunn, 2008. "The Long-Term Effects of Africa's Slave Trades," The Quarterly Journal of Economics, MIT Press, vol. 123(1), pages 139-176, 02.
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