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Historical Development

In: Handbook of Economic Growth

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  • Nunn, Nathan

Abstract

This chapter surveys a growing body of evidence showing the impacts that historical events can have on current economic development. Over the past two decades historical persistence has been documented in a wide variety of time periods and locations, and over remarkably long time horizons. Although progress continues to be made identifying and understanding underlying mechanisms, the existing evidence suggests that cultural traits and formal institutions are both key in understanding historical persistence.

Suggested Citation

  • Nunn, Nathan, 2014. "Historical Development," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 7, pages 347-402, Elsevier.
  • Handle: RePEc:eee:grochp:2-347
    DOI: 10.1016/B978-0-444-53538-2.00007-1
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    More about this item

    Keywords

    Persistence; Colonialism; Institutions; Norms; Culture; Path dependence;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • N00 - Economic History - - General - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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