Question

Nunn (2008) argues that the slave trade had a negative impact on the long run economic outcomes of slave-exporting countries through its impact on the institutions of the countries. In order to demonstrate this, he uses settler mortality as an instrument for institutions. true or false

Answer 1

Nunn (2008) argues that the slave trade had a negative impact on the long run economic outcomes of slave-exporting countries through its impact on the institutions of the countries. He uses settler mortality as an instrument for institutions to demonstrate this.

Step-by-step explanation:

True. Nunn (2008) argues that the slave trade had a negative impact on the long run economic outcomes of slave-exporting countries through its impact on the institutions of the countries. He uses settler mortality as an instrument for institutions to demonstrate this.

This means that higher settler mortality rates correlated with weaker institutions, which in turn had negative economic consequences. So, the slave trade indirectly affected economic outcomes through its impact on institutions.