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Economic nationalism and economic integration : the Austro-Hungarian Empire in the late nineteenth century
Schulze, Max-Stephan; Wolf, Nikolaus - 2009
This paper seeks to reconcile two seemingly contradictory strands in the literature on economic development in the late nineteenth century Habsburg Empire - one emphasizing the centrifugal impact of rising intra-empire of nationalism, the other stressing significant improvements in market...
Persistent link: https://www.econbiz.de/10003888097
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Out of sight, out of mind? : the impact of natural disasters on pregnancy outcomes
Simeonova, Emilia - 2009
The impact of global climate change on health is not well understood. Besides the direct channel of increasing temperatures, there is a potentially more harmful one: through an increase in extreme weather incidents. We offer the first evidence on the effect of natural disasters on pregnancy...
Persistent link: https://www.econbiz.de/10003888100
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Catch me iIf you can : education and catch-up in the industrial revolution
Becker, Sascha O.; Hornung, Erik; Woessmann, Ludger - 2009
Existing evidence, mostly from British textile industries, rejects the importance of formal education for the Industrial Revolution. We provide new evidence from Prussia, a technological follower, where early-19th-century institutional reforms created the conditions to adopt the exogenously...
Persistent link: https://www.econbiz.de/10003888965
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Financial development and sectoral output growth in 19th century Germany
Diekmann, Katharina; Westermann, Frank - 2010
In this paper we re-evaluate the hypothesis that the development of the financial sector was an essential factor behind economic growth in 19th century Germany. We apply a structural VAR framework to a new annual data set from 1870 to 1912 that was initially recorded by Walther Hoffmann (1965)....
Persistent link: https://www.econbiz.de/10008798813
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The sustainability of fiscal policy in Italy : a long-term perspective
Bartoletto, Silvana; Chiarini, Bruno; Marzano, Elisabetta - 2012
containing several statistical novelties: new time series estimates of public debt and GDP (respectively Banca d'Italia, 2008 and … debt-to-GDP ratio. Two main issues are addressed. First, we examine the size and dynamics of public finance aggregates. In … debt and its ratio to GDP. Second, exploiting unit root analysis and cointegration, we test for the sustainability of …
Persistent link: https://www.econbiz.de/10009535101
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Is the Italian public debt really unsustainable? : an historical comparison (1861-2010)
Bartoletto, Silvana; Chiarini, Bruno; Marzano, Elisabetta - 2013
employing a database containing several statistical novelties: new time series estimates of public debt and GDP (respectively … analyzed include public debt, primary and total deficits, nominal and real GDP rates of growth. Long-term analysis of new … literature on the debt-to-GDP ratio. Two main issues are addressed. First, we examine the size and dynamics of public finance …
Persistent link: https://www.econbiz.de/10009727085
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Education and industrialization in Prussia : a reassessment
Edwards, Jeremy S. S. - 2013
This paper investigates Becker, Hornung and Woessmann's recent claim that education had an important causal effect on Prussian industrialization and finds it unwarranted. The econometric analysis on which this claim is based suffers from severe problems, notably the omission of relevant...
Persistent link: https://www.econbiz.de/10009691683
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Medieval universities, legal institutions, and the commercial revolution
Cantoni, Davide; Yuchtman, Noam - 2013
We present new data documenting medieval Europeś "Commercial Revolution" using information on the establishment of markets in Germany. We use these data to test whether medieval universities played a causal role in expanding economic activity, examining the foundation of Germanyś first...
Persistent link: https://www.econbiz.de/10010199411
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The role of human capital and innovation in Prussian economic development
Cinnirella, Francesco; Streb, Jochen - 2013
By merging individual data on valuable patents granted in Prussia in the late nineteenth century with county level information on literacy and income tax revenues we show that increases in the stock of human capital not only improved workers ́productivity but also accelerated innovative...
Persistent link: https://www.econbiz.de/10009792180
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Malthus and the industrial revolution : evidence from a time-varying VAR
Rathke, Alexander; Sarferaz, Samad - 2014
In the process of economic development economies grow through various regimes, each characterized by different demographic-economic interactions. The changes in these interactions are key elements in different explanations of the escape from Malthusian stagnation. We employ time-varying vector...
Persistent link: https://www.econbiz.de/10010250113