The Importance of History for Economic Development
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.Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.Bibliographic Info
Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 14899.Length:
Date of creation: Apr 2009
Date of revision:
Handle: RePEc:nbr:nberwo:14899
Note: POL
Contact details of provider:
Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Phone: 617-868-3900
Email:
Web page: http://www.nber.org
More information through EDIRC
Related research
Keywords:Other versions of this item:
- Nathan Nunn, 2009. "The Importance of History for Economic Development," Annual Review of Economics, Annual Reviews, vol. 1(1), pages 65-92, 05.
- N0 - Economic History - - General
- O0 - Economic Development, Technological Change, and Growth - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-04-18 (All new papers)
- NEP-DEV-2009-04-18 (Development)
- NEP-HIS-2009-04-18 (Business, Economic & Financial History)
- NEP-PKE-2009-04-18 (Post Keynesian Economics)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Daniel Berkowitz, 2005. "American Civil Law Origins: Implications for State Constitutions," American Law and Economics Review, Oxford University Press, vol. 7(1), pages 62-84.
- Robert E. Hall & Charles I. Jones, 1999.
"Why Do Some Countries Produce So Much More Output per Worker than Others?,"
NBER Working Papers
6564, National Bureau of Economic Research, Inc.
- Robert E. Hall & Charles I. Jones, 1999. "Why Do Some Countries Produce So Much More Output Per Worker Than Others?," The Quarterly Journal of Economics, MIT Press, vol. 114(1), pages 83-116, February.
- Nathan Nunn & Diego Puga, 2009.
"Ruggedness: The Blessing of Bad Geography in Africa,"
NBER Working Papers
14918, National Bureau of Economic Research, Inc.
- Nathan Nunn & Diego Puga, 2012. "Ruggedness: The Blessing of Bad Geography in Africa," The Review of Economics and Statistics, MIT Press, vol. 94(1), pages 20-36, February.
- Nathan Nunn & Diego Puga, 2007. "Ruggedness: The blessing of bad geography in Africa," Working Papers 2007-09, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales, revised 01 May 2010.
- Nunn, Nathan & Puga, Diego, 2007. "Ruggedness: The Blessing of Bad Geography in Africa," CEPR Discussion Papers 6253, C.E.P.R. Discussion Papers.
- Redding, Stephen J & Sturm, Daniel M & Wolf, Nikolaus, 2007.
"History and Industry Location: Evidence from German Airports,"
CEPR Discussion Papers
6345, C.E.P.R. Discussion Papers.
- Stephen J. Redding & Daniel M. Sturm & Nikolaus Wolf, 2011. "History and Industry Location: Evidence from German Airports," The Review of Economics and Statistics, MIT Press, vol. 93(3), pages 814-831, August.
- Stephen Redding & Daniel M. Sturm & Nikolaus Wolf, 2007. "History and Industry Location: Evidence from German Airports," CEP Discussion Papers dp0809, Centre for Economic Performance, LSE.
- Lakshmi Iyer, 2005.
"Direct versus Indirect Colonial Rule in India: Long-term Consequences,"
Harvard Business School Working Papers
05-041, Harvard Business School, revised Nov 2008.
- Lakshmi Iyer, 2010. "Direct versus Indirect Colonial Rule in India: Long-Term Consequences," The Review of Economics and Statistics, MIT Press, vol. 92(4), pages 693-713, November.
- Donald R. Davis & David E. Weinstein, 2002.
"Bones, bombs and break points: The geography of economic activity,"
Discussion Papers
0102-02, Columbia University, Department of Economics.
- Donald R. Davis & David E. Weinstein, 2002. "Bones, Bombs, and Break Points: The Geography of Economic Activity," American Economic Review, American Economic Association, vol. 92(5), pages 1269-1289, December.
- Donald R. Davis & David E. Weinstein, 2001. "Bones, Bombs and Break Points: The Geography of Economic Activity," NBER Working Papers 8517, National Bureau of Economic Research, Inc.
- Kris James Mitchener & Ian W. McLean, 2003.
"The Productivity of U.S. States Since 1880,"
NBER Working Papers
9445, National Bureau of Economic Research, Inc.
- Mitchener, Kris James & McLean, Ian W, 2003. " The Productivity of US States since 1880," Journal of Economic Growth, Springer, vol. 8(1), pages 73-114, March.
- Kris James Mitchener & Ian W. McLean, 2001. "The Productivity of U.S. States Since 1880," School of Economics Working Papers 2001-08, University of Adelaide, School of Economics.
- Abhijit Banerjee & Lakshmi Iyer, 2010.
"History Institutions and Economic Performance: The Legacy of Colonial Land Tenure Systems in India,"
Working Papers
id:2811, eSocialSciences.
- Abhijit Banerjee & Lakshmi Iyer, 2005. "History, Institutions, and Economic Performance: The Legacy of Colonial Land Tenure Systems in India," American Economic Review, American Economic Association, vol. 95(4), pages 1190-1213, September.
- James Feyrer & Bruce Sacerdote, 2009.
"Colonialism and Modern Income: Islands as Natural Experiments,"
The Review of Economics and Statistics,
MIT Press, vol. 91(2), pages 245-262, May.
- James Feyrer & Bruce Sacerdote, 2006. "Colonialism and Modern Income -- Islands as Natural Experiments," NBER Working Papers 12546, National Bureau of Economic Research, Inc.
- Rodrik, Dani & Subramanian, Arvind & Trebbi, Francesco, 2002.
"Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development,"
CEPR Discussion Papers
3643, C.E.P.R. Discussion Papers.
- Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2004. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," Journal of Economic Growth, Springer, vol. 9(2), pages 131-165, 06.
- Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2002. "Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development," NBER Working Papers 9305, National Bureau of Economic Research, Inc.
- Greif, Avner, 1993. "Contract Enforceability and Economic Institutions in Early Trade: the Maghribi Traders' Coalition," American Economic Review, American Economic Association, vol. 83(3), pages 525-48, June.
- Nunn, Nathan, 2007.
"Historical legacies: A model linking Africa's past to its current underdevelopment,"
Journal of Development Economics,
Elsevier, vol. 83(1), pages 157-175, May.
- Nathan Nunn, 2005. "Historical Legacies: A Model Linking Africa's Past to its Current Underdevelopment," Development and Comp Systems 0508008, EconWPA.
- Guido Tabellini, 2005.
"Culture and Institutions: Economic Development in the Regions of Europe,"
CESifo Working Paper Series
1492, CESifo Group Munich.
- Guido Tabellini, 2006. "Culture and institutions: economic development in the regions of Europe," Levine's Working Paper Archive 321307000000000466, David K. Levine.
- Guido Tabellini, 2006. "Culture and institutions: economic development in the regions of Europe," Levine's Working Paper Archive 321307000000000241, David K. Levine.
- Guido Tabellini, 2007. "Culture and Institutions: Economic Development in the Regions of Europe," Levine's Working Paper Archive 321307000000000974, David K. Levine.
- Guido Tabellini, 2005. "Culture and Institutions: economic development in the regions of Europe," Working Papers 292, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Bolt, Jutta & Bezemer, Dirk, 2008. "Understanding Long-Run African Growth: Colonial Institutions or Colonial Education? Evidence from a New Data Set," MPRA Paper 7029, University Library of Munich, Germany.
- Galor, Oded & Moav, Omer & Vollrath, Dietrich, 2008.
"Inequality in Land Ownership, the Emergence of Human Capital Promoting Institutions and the Great Divergence,"
CEPR Discussion Papers
6751, C.E.P.R. Discussion Papers.
- Oded Galor & Omer Moav & Dietrich Vollrath, 2009. "Inequality in Landownership, the Emergence of Human-Capital Promoting Institutions, and the Great Divergence," Review of Economic Studies, Oxford University Press, vol. 76(1), pages 143-179.
- Oded Galor & Omar Moav & Dietrich Vollrath, 2006. "Inequality in Land Ownership, the Emergence of Human Capital Promoting Institutions, and the Great Divergence," DEGIT Conference Papers c011_001, DEGIT, Dynamics, Economic Growth, and International Trade.
- Bockstette, Valerie & Chanda, Areendam & Putterman, Louis, 2002.
" States and Markets: The Advantage of an Early Start,"
Journal of Economic Growth,
Springer, vol. 7(4), pages 347-69, December.
- Louis Putterman & Valerie Bockstette, 2000. "States and Markets:the Advantage of an Early Start," Working Papers 2000-12, Brown University, Department of Economics.
- Rappaport, Jordan & Sachs, Jeffrey D, 2003. " The United States as a Coastal Nation," Journal of Economic Growth, Springer, vol. 8(1), pages 5-46, March.
- Olsson, Ola & Hibbs, Douglas Jr., 2005.
"Biogeography and long-run economic development,"
European Economic Review,
Elsevier, vol. 49(4), pages 909-938, May.
- Olsson, Ola & Hibbs Jr., Douglas A., 2000. "Biogeography and Long-Run Economic Development," Working Papers in Economics 26, University of Gothenburg, Department of Economics, revised 11 Aug 2000.
- Grier, Robin M, 1999. " Colonial Legacies and Economic Growth," Public Choice, Springer, vol. 98(3-4), pages 317-35, March.
- Josh Lerner & Antoinette Schoar, 2005. "Does Legal Enforcement Affect Financial Transactions? The Contractual Channel in Private Equity," The Quarterly Journal of Economics, MIT Press, vol. 120(1), pages 223-246, January.
- Karla Hoff, 2003. "Paths of Institutional Development: A View from Economic History," World Bank Research Observer, World Bank Group, vol. 18(2), pages 205-226.
- Nicola Gennaioli & Ilia Rainer, 2007. "The modern impact of precolonial centralization in Africa," Journal of Economic Growth, Springer, vol. 12(3), pages 185-234, September.
- Rafael LaPorta & Florencio Lopez de-Silanes & Andrei Shleifer & Robert W. Vishny, 1997.
"Legal Determinants of External Finance,"
Harvard Institute of Economic Research Working Papers
1788, Harvard - Institute of Economic Research.
- La Porta, Rafael & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert W. Vishny, 1997. " Legal Determinants of External Finance," Journal of Finance, American Finance Association, vol. 52(3), pages 1131-50, July.
- RAFAEL LaPORTA & FLORENCIO LOPEZ-de-SILANES & ANDREI SHLEIFER & ROBERT W. VISHNY, . "Legal Determinants of External Finance,"," CRSP working papers 324, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Rafael La Porta & Florencio Lopez-de-Silane & Andrei Shleifer & Robert W. Vishny, 1997. "Legal Determinants of External Finance," NBER Working Papers 5879, National Bureau of Economic Research, Inc.
- Daron Acemoglu & Simon Johnson & James A. Robinson & Pierre Yared, 2005.
"From Education to Democracy?,"
NBER Working Papers
11204, National Bureau of Economic Research, Inc.
- Daron Acemoglu & Simon Johnson & James A. Robinson & Pierre Yared, 2005. "From Education to Democracy?," American Economic Review, American Economic Association, vol. 95(2), pages 44-49, May.
- Huillery, Elise, 2009.
"History Matters: The Long Term Impact of Colonial Public Investments in French West Africa,"
Open Access publications from Sciences Po
info:hdl:2441/10262, Sciences Po.
- Elise Huillery, 2009. "History Matters: The Long-Term Impact of Colonial Public Investments in French West Africa," American Economic Journal: Applied Economics, American Economic Association, vol. 1(2), pages 176-215, April.
- Edward Miguel & Sebastián M. Saiegh & Shanker Satyanath, 2008. "National Cultures and Soccer Violence," NBER Working Papers 13968, National Bureau of Economic Research, Inc.
- Frankema, Ewout, 2006.
"The Colonial Origins of Inequality: Exploring the Causes and Consequences of Land Distribution,"
GGDC Research Memorandum
GD-81, Groningen Growth and Development Centre, University of Groningen.
- E.H.P. Frankema, 2005. "The Colonial Origins of Inequality: Exploring the Causes and Consequences of Land Distribution," Ibero America Institute for Econ. Research (IAI) Discussion Papers 119, Ibero-America Institute for Economic Research.
- Becker, Sascha O. & Wößmann, Ludger, 2007.
"Was Weber Wrong? A Human Capital Theory of Protestant Economic History,"
Discussion Papers in Economics
1366, University of Munich, Department of Economics.
- Sascha O. Becker & Ludger Woessmann, 2009. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," The Quarterly Journal of Economics, MIT Press, vol. 124(2), pages 531-596, May.
- Sascha O. Becker & Ludger Woessmann, 2007. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," CESifo Working Paper Series 1987, CESifo Group Munich.
- Becker, Sascha O. & Woessmann, Ludger, 2007. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," IZA Discussion Papers 2886, Institute for the Study of Labor (IZA).
- Stephen Knack & Philip Keefer, 1995. "Institutions And Economic Performance: Cross-Country Tests Using Alternative Institutional Measures," Economics and Politics, Wiley Blackwell, vol. 7(3), pages 207-227, November.
- Jutta Bolt & Dirk Bezemer, 2009. "Understanding Long-Run African Growth: Colonial Institutions or Colonial Education?," The Journal of Development Studies, Taylor and Francis Journals, vol. 45(1), pages 24-54.
- Abhijit Banerjee & Lakshmi Iyer & Rohini Somanathan, 2005. "History, Social Divisions, and Public Goods in Rural India," Journal of the European Economic Association, MIT Press, vol. 3(2-3), pages 639-647, 04/05.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2008.
"Long Term Persistence,"
EIEF Working Papers Series
0810, Einaudi Institute for Economic and Finance (EIEF), revised Aug 2008.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2008. "Long Term Persistence," Economics Working Papers ECO2008/30, European University Institute.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2008. "Long Term Persistence," NBER Working Papers 14278, National Bureau of Economic Research, Inc.
- Guiso, Luigi & Sapienza, Paola & Zingales, Luigi, 2008. "Long Term Persistence," CEPR Discussion Papers 6981, C.E.P.R. Discussion Papers.
- Casey B. Mulligan, 2005.
"Conscription as Regulation,"
American Law and Economics Review,
Oxford University Press, vol. 7(1), pages 85-111.
- Casey Mulligan & Andrei Shleifer, 2004. "Conscription as Regulation," NBER Working Papers 10558, National Bureau of Economic Research, Inc.
- Kaivan Munshi & Nicholas Wilson, 2008. "Identity, Parochial Institutions, and Occupational Choice: Linking the Past to the Present in the American Midwest," NBER Working Papers 13717, National Bureau of Economic Research, Inc.
- Gregory N. Price, 2003. "Economic Growth in a Cross-section of Nonindustrial Countries: Does Colonial Heritage Matter for Africa?," Review of Development Economics, Wiley Blackwell, vol. 7(3), pages 478-495, 08.
- Diego Comin & William Easterly & Erick Gong, 2010.
"Was the Wealth of Nations Determined in 1000 BC?,"
American Economic Journal: Macroeconomics,
American Economic Association, vol. 2(3), pages 65-97, July.
- Diego Comin & William Easterly & Erick Gong, 2006. "Was the Wealth of Nations Determined in 1000 B.C.?," NBER Working Papers 12657, National Bureau of Economic Research, Inc.
- Diego A. Comin & William Easterly & Erick Gong, 2008. "Was the Wealth of Nations Determined in 1000 B.C.?," Harvard Business School Working Papers 09-052, Harvard Business School.
- Mehlum, Halvor & Moene, Karl & Torvik, Ragnar, 2003.
"Predator or prey?: Parasitic enterprises in economic development,"
European Economic Review,
Elsevier, vol. 47(2), pages 275-294, April.
- Mehlum,H. & Moene,K. & Torvik,R., 2000. "Predator or prey? : parasitic enterprises in economic development," Memorandum 27/2000, Oslo University, Department of Economics.
- Edward Glaeser & Giacomo Ponzetto & Andrei Shleifer, 2006.
"Why Does Democracy Need Education?,"
NBER Working Papers
12128, National Bureau of Economic Research, Inc.
- Edward Glaeser & Giacomo Ponzetto & Andrei Shleifer, 2007. "Why does democracy need education?," Journal of Economic Growth, Springer, vol. 12(2), pages 77-99, June.
- Leonard Wantchekon & Nathan Nunn, 2009. "Trans-Atlantic Slave Trade and the Origins of Mistrust in Africa," 2009 Meeting Papers 34, Society for Economic Dynamics.
- David, Paul A, 1985. "Clio and the Economics of QWERTY," American Economic Review, American Economic Association, vol. 75(2), pages 332-37, May.
- Bertocchi, Graziella & Canova, Fabio, 2002.
"Did colonization matter for growth?: An empirical exploration into the historical causes of Africa's underdevelopment,"
European Economic Review,
Elsevier, vol. 46(10), pages 1851-1871, December.
- Bertocchi, Graziella & Canova, Fabio, 1996. "Did Colonization Matter for Growth? An Empirical Exploration into the Historical Causes of Africa's Underdevelopment," CEPR Discussion Papers 1444, C.E.P.R. Discussion Papers.
- Graziella Bertocchi & Fabio Canova, 1996. "Did colonization matter for growth? An empirical exploration into the historical causes of Africa's underdevelopment," Economics Working Papers 202, Department of Economics and Business, Universitat Pompeu Fabra.
- Daron Acemoglu, 1993.
"Reward Structures and the Allocation of Talent,"
CEP Discussion Papers
dp0143, Centre for Economic Performance, LSE.
- Acemoglu, Daron, 1995. "Reward structures and the allocation of talent," European Economic Review, Elsevier, vol. 39(1), pages 17-33, January.
- Jeffrey D. Sachs, 2003. "Institutions Don't Rule: Direct Effects of Geography on Per Capita Income," NBER Working Papers 9490, National Bureau of Economic Research, Inc.
- Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 681-712, August.
- repec:feb:artefa:0059 is not listed on IDEAS
- Jha, Saumitra, 2008. "Trade, Institutions and Religious Tolerance: Evidence from India," Research Papers 2004, Stanford University, Graduate School of Business.
- Greif, Avner, 1994. "Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 912-50, October.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:14899For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.

