Head, Keith; Mayer, Thierry; Ries, John - C.E.P.R. Discussion Papers - 2008
The majority of independent nations today were part of empires in 1945. Using bilateral trade data from 1948 to 2006, we examine the effect of independence on post-colonial trade. On average, there is little short run effect of trade with the colonizer (metropole). However, after three decades...