Rönnbäck, Klas; Broberg, Oskar; Theodoridis, Dimitrios - In: The journal of European economic history 51 (2022) 1, pp. 113-152
In this paper, we study the return on investments in mining for a whole century, starting in the "Golden Age" of resource exploitation in the late nineteenth century. We use a sample of more than 1,000 mining companies, registered on the London Stock Exchange 1869- 1969, but operating on all...