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The Economic Legacy of Warfare: Evidence from European Regions

Cassidy, Traviss and Dincecco, Mark and Onorato, Massimiliano Gaetano The Economic Legacy of Warfare: Evidence from European Regions. EIC working paper series #6/2015 IMT Institute for Advanced Studies Lucca ISSN 2279-6894. (Submitted)

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Historical warfare in Europe inflicted numerous costs on rural populations. To reduce such costs, rural populations relocated behind the relative safety of urban fortifications. We argue that war-related urbanization had positive consequences for long-run regional economic development. We geocode the locations of more than 600 conflicts in early modern Europe. We find a positive and significant relationship between historical conflict exposure and regional economic development today. Our results are robust to a wide range of econometric techniques, alternative samples, and economic outcomes. Human capital accumulation stands out as one channel through which war-related urbanization translated into regional economic development. Our results highlight the military origins of Europe’s wealthy urban belt

Item Type: Working Paper (EIC working paper series)
Additional Information: Updated on March 2016
Uncontrolled Keywords: Keywords: warfare, cities, political and economic development, Europe - JEL codes: C20, O10, N40, N90, P48, R11
Subjects: D History General and Old World > D History (General) > D901 Europe (General)
H Social Sciences > HB Economic Theory
U Military Science > U Military Science (General)
Research Area: Economics and Institutional Change
Depositing User: Caterina Tangheroni
Date Deposited: 14 Jul 2015 11:19
Last Modified: 17 Mar 2016 10:51
URI: http://eprints.imtlucca.it/id/eprint/2728

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