This paper examines the effect of French political control during the Napoleonic period on proximate causes of growth across nineteenth-century Italy, finding a strong association between the intensity of French reforms and the accumulation of both social and human capital. We demonstrate that...

The historical data show that the early modern period in Great Britain paved the way to the classical industrial revolution presenting the rst phase of capital accumulation and rise in per capita income. This paper captures the relevant evidence by means of a stylized model describing two...

Investigating on the reasons of British overseas investments (1850-1913) we analyze two different approaches on data concluding that they are not different from a stochastic view. Inquiring on ‘push’ approach, we find that exists negative correlation between GDP and overseas...

The Kantian thought had advanced the idea that wars and military expenditure should decrease as long as democracy widens across the World. Historical evidence seems to invalidate this wisdom because frequency of wars is ncreasing over time and a large amount of public resources is still being...