The Price Of Slavery

A striking new study:

"I construct measures of the number of slaves exported from each country in Africa, in each century between 1400 and 1900. The estimates are constructed by combining data from ship records on the number of slaves shipped from each African port or region with data from a variety of historical documents that report the ethnic identities of slaves that were shipped from Africa. I find a robust negative relationship between the number of slaves exported from each country and subsequent economic performance. The African countries that are the poorest today are the ones from which the most slaves were taken."

The likeliest reason?

"[The] procurement of slaves through internal warfare, raiding, and kidnapping resulted in subsequent state collapse and ethnic fractionalization."

(Hat tip: Ampersand.)