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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23800 |
来源ID | Working Paper 23800 |
The Origins of Financial Development: How the African Slave Trade Continues to Influence Modern Finance | |
Ross Levine; Chen Lin; Wensi Xie | |
发表日期 | 2017-09-11 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We assess how the African slave trade—which had enduring effects on social cohesion—continues to influence financial systems. After showing that the intensity with which people were enslaved and exported from Africa during the 1400 – 1900 period helps account for overall financial development, household access to credit, and firm access to finance, we evaluate three potential mechanisms linking the slave trade to modern finance—information sharing institutions, trust in financial institutions, and the quality of legal institutions. We discover that the slave trade is strongly, negatively related to the information sharing and trust mechanisms but not to the legal mechanism. |
主题 | Financial Economics ; Financial Institutions ; History ; Financial History ; Development and Growth ; Development ; Country Studies |
URL | https://www.nber.org/papers/w23800 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581474 |
推荐引用方式 GB/T 7714 | Ross Levine,Chen Lin,Wensi Xie. The Origins of Financial Development: How the African Slave Trade Continues to Influence Modern Finance. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23800.pdf(406KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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