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Swedish GDP 1620-1800 : stagnation or growth ?

Edvinsson, Rodney Benjamin - In: Cliometrica, Journal of Historical Economics and … 7 (2013) 1, pp. 37-60

This paper reconstructs an annual volume series of GDP and GDP per capita for Sweden within present borders 1620–1800, extending the annual series that exist from 1800 onwards. Annual fluctuations of GDP are estimated from the annual fluctuations of harvests, which in the nineteenth century...

Persistent link: https://www.econbiz.de/10010875692

Economy as Empire : Dutch Disease and the Decline of Imperial Spain

Schearer, Michael - 2019

The marriage of Ferdinand of Aragon and Isabella of Castile in 1469 began the process of the eventual unification of Spain. Over the ensuing decades, Spain finally conquered the Muslims at Granada in 1492 and completed the Reconquista. Spain then began a period of imperial expansion with...

Persistent link: https://www.econbiz.de/10014105441

Can general purpose technology theory explain economic growth? : electrical power as a case study

Ristuccia, Cristiano Andrea; Solomou, Solomos - 2014

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …

Persistent link: https://www.econbiz.de/10010252126

Productivity and Income Convergence in Transition : Theory and Evidence from Central Europe

Spruk, Rok - 2011

The paper examines the evolution of income per capita for a sample of high-income transition countries in the period 1991-2007. The analysis focuses on the dynamics of income per capita convergence throughout the period. We review patterns of income dispersion in Central Europe in a historical...

Persistent link: https://www.econbiz.de/10013120448

Fertility versus productivity : a model of growth with evolutionary equilibria

Foreman-Peck, James S.; Zhou, Peng - 2020

We develop a quantitative model that is consistent with three principal building blocks of Unified Growth Theory: the break-out from economic stagnation, the buildup to the Industrial Revolution, and the onset of the fertility transition. Our analysis suggests that (i) the escape from the...

Persistent link: https://www.econbiz.de/10012483759

Witch trials : discontent in early modern Europe

Hudson, Chris - 2016

This paper examines the relationship between income and witch trials in early modern Europe. We start by using climate data to proxy for income levels. This builds on previous work by exploiting a far richer panel dataset covering 356 regions and 260 years, including both seasonal temperature...

Persistent link: https://www.econbiz.de/10011554681

Lessons of the Spanish Empire, or the Curse of Resource Abundance

Mau, Vladimir - 2012

The role of natural resources in contributing to stable economic development is of growing interest to economists and politicians. In evaluations of the prospects for development of a given country it was once assumed that rich natural resources and a vast territory provided favorable conditions...

Persistent link: https://www.econbiz.de/10013103250

The Portuguese Agriculture, 1703-1820 : Extensive Growth and Market Expansion

Serrao, Jose Vicente - 2017

The thesis sustained in this essay is that – while it is true that there were some crises, problems and blockages, and that development was by no means the same across all regions, sub-sectors and periods – Portuguese agriculture actually performed quite well in the 18th century, even when...

Persistent link: https://www.econbiz.de/10012959592

Urbanization and Growth : Why Did the Splendor of the Italian Cities in the Sixteenth Century Not Lead to Transition?

Chiarini, Bruno - 2014

productivity. The analysis provides a picture of a trapped economy where urbanization was unable to trigger a persistent process of …

Persistent link: https://www.econbiz.de/10013044555

Political power, resistance to technological change and economic development : evidence from the 19th century Sweden

Tyrefors, Björn; Lindgren, Erik; Pettersson-Lidbom, Per - 2017 - This version: June 16, 2017

We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...

Persistent link: https://www.econbiz.de/10011667675

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