Slavery and Britain's industrial revolution

Stephan Heblich, Stephen Redding and Hans-Joachim Voth

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Abstract: To what extent did the wealth derived from slavery contribute to Europe's economic growth? Stephan Heblich, Stephen Redding and Hans-Joachim Voth find that slaveholding areas of Britain were less agricultural, closer to cotton mills, and had more property wealth. Not only did the slave trade affect the geography of economic development after 1750, it also accelerated the country's industrial revolution.

Keywords: UK Economy; Technological change; Economic geography (search for similar items in EconPapers)
Date: 2023-06-20
New Economics Papers: this item is included in nep-gro and nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:655

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