Endogenous growth theory suggests that human capital formation plays a significant role for the 'wealth and poverty of nations.' In contrast to previous studies which denied the role of human capital as a crucial determinant of for really long-term growth, we confirm its importance. Indicators...

This paper presents estimates of the level of per capita GDP and of the distribution of income of preindustrial Poland. This is based on a reconstruction of a social table of the Voivodeship of Cracow for 1578. Our evidence indicates that income in Poland was distributed more equally than in...