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This paper presents the first estimate to date of the anual output of Portugal's agriculture between 1500 and 1850. It adopts the well-known indirect approach, which uses a consumption function for agricultural products. Prices and wages for this come from a recently created data base. It also...
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Do countries with less democratic forms of government necessarily have lower literacy rates as a consequence? Using a random sample of 4,600+ individuals from military archives in Portugal, we show that 20-year old males were twice as likely to end up literate under an authoritarian regime than...
Persistent link: https://www.econbiz.de/10012669476
We construct the first time-series for Portugal's per capita GDP for 1527-1850, drawing on a new database. Starting in the early 1630s there was a highly persistent upward trend which accelerated after 1710 and peaked 40 years later. At that point, per capita income was high by European...
Persistent link: https://www.econbiz.de/10012669486
We offer a new methodology for the construction of annual population stocks over the very long run. Our method does not require the assumption of a closed economy, and can be used in situations in which local annual gross flows are obtainable. Combining gross flows with intermittent census-type...
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The existence of a self-regulating arbitrage mechanism under the gold standard has been traditionally considered as one of its main advantages, and attracted a corresponding research interest. This research is arguably relevant not only to test for the efficiency of the "gold points", but also...
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