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Do Colonialism and Slave Trade Still Affect Modern Economic Performance?

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  • Yaron Zelekha

Abstract

This paper makes two contributions to the research on colonialism, slave trade, and Africa’s current underdevelopment. First, it proposes empirical evidence suggesting that both the cultural channel and the institutional channel, which are discussed in the literature, are not enough to fully explain the negative effect of colonialism and slave trade on current economic performance. Second, it contributes to the theoretical and empirical understanding by elaborating on two possible additional channels: the accumulation of capital channel and the demographic channel.

Suggested Citation

  • Yaron Zelekha, 2016. "Do Colonialism and Slave Trade Still Affect Modern Economic Performance?," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot GmbH, Berlin, vol. 62(2), pages 147-168.
    • Handle: RePEc:dah:aeqaeq:v62_y2016_i2_q2_p147-168
    DOI: 10.3790/aeq.62.2.147
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    Cited by:

    1. Messono, Omang & Asongu, Simplice, 2021. "Historical Prevalence of Infectious Diseases and Entrepreneurship: the Role of Institutions in 125 Countries," MPRA Paper 111842, University Library of Munich, Germany.
    2. Yaron Zelekha & Léo-Paul Dana, 2019. "Social Capital Versus Cultural Capital Determinants of Entrepreneurship: An Empirical Study of the African Continent," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 28(2), pages 250-269, September.

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