%0 Report %9 EIC working paper series %A Cassidy, Traviss %A Dincecco, Mark %A Onorato, Massimiliano Gaetano %D 2015 %F eprints:2728 %I IMT Institute for Advanced Studies Lucca %K Keywords: warfare, cities, political and economic development, Europe - JEL codes: C20, O10, N40, N90, P48, R11 %N 6 %T The Economic Legacy of Warfare: Evidence from European Regions %U http://eprints.imtlucca.it/2728/ %X 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 %Z Updated on March 2016