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It is hard to imagine in the 21st global wine economy, but until 50 years ago Algeria was the largest exporter of wine in the world - and by a wide margin. Between 1880 and 1930 Algerian wine production grew dramatically. Equally spectacular is the decline of Algerian wine production: today,...
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We present cross-country evidence that a country's macroeconomic volatility, measured either by the standard deviation of output growth or the occurrence of trend-growth breaks, is significantly affected by the country's historical variables. In particular, countries with longer histories of...
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Most agricultural output in early 20th century Ireland was consumed on the farm or exported in an unprocessed state. A significant share nevertheless served as an input to Irish industry. While farmers and agri-business firms operated on opposite sides of the market, their relationship was...
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