The recent literature on unified growth theory has shed new light on the transition to sustained economic growth. Nevertheless, unified growth theory has not devoted a lot of attention to the nature of economic growth and its impact in the transition from Malthus to Solow. This research presents...

This paper uses an endogenous structural breaks procedure that provides additional evidence on two alternative views of the British Industrial Revolution. The tests are carried out for two periods: 1750-1800 and 1800-1850. The empirical results show that structural breaks occurred in most...

By combining new archival and existing data, this paper provides estimates of the economic impact of the 1755 Lisbon earthquake, the largest ever-recorded natural catastrophe in Europe. The direct cost of the earthquake is estimated to be between 32 and 48 percent of the Portuguese GDP. In spite...

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