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Handbook of Economic Growth by Steven Durlauf, Philippe Aghion

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Chapter 7

Historical Development

Nathan Nunn,    Department of Economics, Harvard University, NBER, and BREAD, 1805 Cambridge Street, Room M25, Cambridge, MA 02138, USA,    nnunn@fas.harvard.edu, http://www.economics.harvard.edu/faculty/nunn

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 ...

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