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UID:event-9438@amse-aixmarseille.fr
DTSTAMP:20260416T203902Z
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LAST-MODIFIED:20260416T203902Z
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SUMMARY:AMSE lecture - Hans-Joachim Voth
DTSTART:20230515T093000Z
DTEND:20230515T111500Z
DESCRIPTION:Did overseas slave-holding by Britons accelerate the Industrial
  Revolution? We provide theory and evidence on the contribution of slave we
 alth to Britain’s growth prior to 1835. We compare areas of Britain with 
 high and low exposure to the colonial plantation economy\, using granular d
 ata on wealth from compensation records. Before the major expansion of slav
 e holding from the 1640s onwards\, both types of area exhibited similar lev
 els of economic activity. However\, by the 1830s\, slavery wealth is strong
 ly correlated with economic development – slave-holding areas are less ag
 ricultural\, closer to cotton mills\, and have higher property wealth. We r
 ationalize these findings using a dynamic spatial model\, where slavery inv
 estment raises the return to capital accumulation\, expanding production in
  capital-intensive sectors. To establish causality\, we use arguably exogen
 ous variation in slave mortality on the passage from Africa to the Indies\,
  driven by weather shocks. We show that weather shocks influenced the conti
 nued involvement of ancestors in the slave trade\; weather-induced slave mo
 rtality of slave-trading ancestors in each area is strongly predictive of s
 laveholding in 1833. Quantifying our model using the observed data\, we fin
 d that Britain would have been substantially poorer and more agricultural i
 n the absence of overseas slave wealth. Overall\, our findings are consiste
 nt with the view that slavery wealth accelerated Britain’s industrial rev
 olution.Discutant : Yannick Dupraz\, CNRS\, AMSE\\n\\nContact: Yann Bramoul
 lé : yann.bramoulle[at]univ-amu.fr\n\nPlus d'informations: https://amse-ai
 xmarseille.fr/fr/evenements/hans-joachim-voth
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://amse-aixmarseille.fr/fr/evenements/hans-joachim-voth
CONTACT:Yann Bramoullé : yann.bramoulle[at]univ-amu.fr
TRANSP:OPAQUE
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