The Importance of History for Economic Development

Working Paper: NBER ID: w14899

Authors: Nathan Nunn

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.

Keywords: Economic Development; History; Institutions; Culture; Technology

JEL Codes: N00


Causal Claims Network Graph

Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.


Causal Claims

CauseEffect
slave trade (J47)long-term economic development in Africa (O55)
mita system (E42)economic outcomes in Peru (F69)
historical events (N94)economic development (O29)
cultural norms (Z13)economic development (O29)
knowledge transfer (O36)economic development (O29)
colonial rule (F54)domestic institutions (F55)
domestic institutions (F55)current economic outcomes (E66)
settler mortality rates (J11)domestic institutions (F55)
settler mortality rates (J11)current income levels (E25)

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