@techreport{NBERw14899, title = "The Importance of History for Economic Development", author = "Nathan Nunn", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "14899", year = "2009", month = "April", URL = "http://www.nber.org/papers/w14899", abstract = {This article provides a survey of a growing body of empirical evidence that points towards the important long-term effects that historic events can have on current economic development. The most recent studies, using micro-level data and more sophisticated identification techniques, have moved beyond testing whether history matters, and attempt to identify exactly why history matters. The most commonly examined channels include: institutions, culture, knowledge and technology, and movements between multiple equilibria. The article concludes with a discussion of the questions that remain and the direct of current research in the literature.}, }