Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/309972 
Year of Publication: 
2024
Series/Report no.: 
Cardiff Economics Working Papers No. E2024/22
Publisher: 
Cardiff University, Cardiff Business School, Cardiff
Abstract: 
Recent studies show that significant historical events, particularly the slave trade, had an impact on contemporary African economies. The transmission mechanisms, however, are not well established. The purpose of the present paper is to consider two such transmission mechanisms, notably militarism and economic institutions. The present paper explores the impact of the historical slave trade, or exports, on institutions in two ways. Firstly, its impact on contemporary militarism as a political institution and, secondly, its impact on economic institutions, in particular property rights enforcement. The analysis uniquely shows the causal link between an important aspect of the historical slave trade, notably the import of military arms, and current African institutions. Finally, we also show that contemporary militarism, especially in the affected African economies, has a direct impact on their incomes.
Subjects: 
African slave exports
militarism
property rights
institutions
average incomes
JEL: 
N17
N47
O43
O55
Document Type: 
Working Paper

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