@workingpaper {621134, title = {Atlantic Slavery{\textquoteright}s Impact on European and British Economic Development}, year = {Working Paper}, abstract = {The\  economics\  literature\  on\  Atlantic\  slavery\  attests\  to\  its\  negative\  long-run impact on development outcomes in Africa and the Americas.\  What was slavery{\textquoteright}s impact on Europe?\  In this paper,\  I test the hypothesis that slavery contributed to\  modern\  economic\  growth\  in\  Europe\  using\  data\  on\  European\  participation\  in the Atlantic slave trade.\  I estimate a panel fixed effects model and show that the number of slaving voyages is positively associated with European city growth from 1600-1850.\  A 10\% increase in slaving voyages is associated with a 1.2\% increase in port city population.\  Using a newly created dataset on British port-level trade, I show that for the UK, this effect is distinct from that of general overseas trade, which also increased during this period.}, author = {Ellora Derenoncourt} }