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Generally, the historical literature presents the period from 1817 to 1851 in Lower Canada (modern day Québec) as one … cannot perfectly quantity the effect of free banking on economic growth in Lower Canada, we can be certain that its effect on …
Persistent link: https://www.econbiz.de/10013048969
This paper uses the censuses of 1842 of Canada East (modern day Quebec) and Canada West (modern day Ontario) to help … explain the historical differences in living standards between Canada and the United States. The argument made in this paper … is that Canada East was substantially poorer than the rest of Canada. The wage and price data contained in the censuses …
Persistent link: https://www.econbiz.de/10014111131
In this paper, we consider whether or not inequality forces society to expend more resources on supervision which imposes an extra cost to doing business. Some argue that since inequality deteriorates social capital, there is a greater need for supervisory labor which is a costly burden to bear....
Persistent link: https://www.econbiz.de/10011618757
In this paper, we consider whether or not inequality forces society to expend more resources on supervision which imposes an extra cost to doing business. Some argue that since inequality deteriorates social capital, there is a greater need for supervisory labor which is a costly burden to bear....
Persistent link: https://www.econbiz.de/10011619850
During the colonial era, the French colonial government in Canada experimented with paper money printed on the back of …
Persistent link: https://www.econbiz.de/10012854090
This paper examines the impacts of banking market structure and regulation on economic growth using new data on banking market concentration and manufacturing industry-level growth rates for U.S. states during 1899-1929 — a period when the manufacturing sector was expanding rapidly and...
Persistent link: https://www.econbiz.de/10013115288
One strand of the economics literature addresses financial deepening as a precursor to economic growth. Another views it as a cause of financial crises. We examine historical data for 17 economies from 1870 to 1929 to distinguish episodes of growth induced by financial deepening from crises...
Persistent link: https://www.econbiz.de/10012987647
This study creates estimates of GDP per capita for Canada from 1688 to 1790 in order to evaluate Canadian growth before … the 19th century and generate international comparisons of living standards. These estimates show that Canada experienced … little growth during the period and growth reversals were frequent. The income-based comparisons reveal that Canada was …
Persistent link: https://www.econbiz.de/10012933884
Dominion Bureau of Statistics, the agency that evolved into Statistics Canada, produced consistent and almost indisputable …
Persistent link: https://www.econbiz.de/10014198785
At present there are two general points of view on the economy of early Canada. The dominant viewpoint is that the … approximations of real gross domestic product for early Canada. Comprehensive and accurate censuses prepared for Canada by colonial … per capita output series and growth rate, and permit for empirically grounded comparisons of early Canada with British …
Persistent link: https://www.econbiz.de/10014198944