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Slavery and Britain's industrial revolution

Author

Listed:
  • Stephan Heblich
  • Stephen J. Redding
  • Hans-Joachim Voth

Abstract

To what extent did the wealth derived from slavery contribute to Europe's economic growth? Stephan Heblich, Stephen Redding and Hans-Joachim Voth find that slaveholding areas of Britain were less agricultural, closer to cotton mills, and had more property wealth. Not only did the slave trade affect the geography of economic development after 1750, it also accelerated the country's industrial revolution.

Suggested Citation

  • Stephan Heblich & Stephen J. Redding & Hans-Joachim Voth, 2023. "Slavery and Britain's industrial revolution," CentrePiece - The magazine for economic performance 655, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepcnp:655
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    File URL: https://cep.lse.ac.uk/pubs/download/cp655.pdf
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    Keywords

    UK Economy; Technological change; Economic geography;
    All these keywords.

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