Cantoni, Davide; Mohr, Cathrin; Weigand, Matthias - In: Econometrica 92 (2024) 5, pp. 1439-1472
This paper studies the role of fiscal capacity in European state consolidation. Our analysis is organized around novel data on the territories and cities of the Holy Roman Empire in the early modern period. Territories implementing an early fiscal reform were more likely to survive, increased in...