The African Slave Trade and Modern Household Finance
Bibliographic Data
| ID | 9707908 |
|---|---|
| Authors | Robert Levine (0000-0002-7459-9541, University of California, Berkeley, corresponding author), Ross Levine (Haas School of Business, University of California, Berkeley), Chen Lin (0000-0002-5118-5573, University of Hong Kong), Wensi Xie (0000-0002-3045-2433, Chinese University of Hong Kong) |
| Year | 2020 |
| Volume | 130 |
| Issue | 630 |
| Pages | 1817-1841 |
| Publication date | 2020-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (PUBLISHER • GB) |
| DOI | 10.1093/ej/ueaa015 |
| OpenAlex | W2979571458 |
| Language | EN |
| Citations received | 10 |
| References cited | 32 |
We evaluate the impact of the African slave trade between 1400 and 1900 on modern household finance. Exploiting cross-country and cross-ethnic group differences in the intensity with which people were enslaved and exported from Africa, we find that slave exports during the 1400–1900 period are negatively associated with current measures of household (a) access to financial services, (b) access to credit, (c) use of mobile finance and (d) trust in financial institutions, suggesting that the slave trade has had an enduring, deleterious effect on household finance
Access to Finance · Business · Economics · Ethnic group · Financial services · Macroeconomics · Political science · Public finance · Trade finance · Culture, Economy, and Development Studies · Economic Growth and Development · Finance · Islamic Finance and Banking Studies
Historical Slave Trade and Corporate Tax Evasion in Africa
Financial Inclusion
How Institutional Quality Causes Financial Development
How the International Slave Trades Underdeveloped Africa
Collective memory and the transatlantic slave trade
Liquidity Requirements, Bank Deposits and Financial Development
Home ties, global trade
Epidemic disease and innovation
Epidemic disasters and corporate green investment
Social Cohesion and Firms' Access to Finance in Africa
Persecution Perpetuated
Finance and Growth
The European origins of economic development
How Deep Are the Roots of Economic Development?
The Role of Social Capital in Financial Development
The Long-Term Effects of Africa's Slave Trades
The Finance-Growth Nexus
Trust and Social Collateral
Factor Endowments, Institutions, and Differential Paths of Growth Among New World Economies
Regulation and Distrust
Risk, Financial Markets, and Human Capital in a Developing Country
The Colonial Origins of Comparative Development
Africa's Growth Tragedy
Banks and Development
Borrowing Constraints and Progress Through School
Law and Finance
The Empire is Dead, Long Live the Empire! Long‐Run Persistence of Trust and Corruption in the Bureaucracy
History, Path Dependence and Development
Tropics, germs, and crops
The Slave Trade and the Origins of Mistrust in Africa
Trade, Institutions, and Ethnic Tolerance
Law, Endowments and Property Rights
| Unique citing works | 10 |
|---|---|
| Citations per year | 2,5 |
| Citation span | 2022 - 2026 (5) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 10 |