In order to understand Uruguayan long-run economic evolution it becomes crucial to interpret its export performance during the First Globalization. The lack of accuracy of official figures, especially official prices used, calls for an adjustment of Uruguayan exports series. We have used...

The conventional wisdom about the early stages of modern economic growth in Italy is still heavily influenced by the work of L.Cafagna (1989). He argued that exports of primary products to industrializing North Western countries were the main source of growth and that exports of silk stimulated...

Argentine export growth before the First World War is considered one of the most relevant variables in order to understand the main characteristics of Argentina’s long-run modern economic growth properly. The lack of accuracy of the official export series, especially the relative official...

How has Latin America's wellbeing evolved over time? How does Latin America compare to today's developed countries (OECD, for short)? What explains their differences? These questions are addressed using an historical index of human development. A sustained improvement in wellbeing can be...

In this paper we consider adaptive Bayesian semiparametric analysis of the linear regression model in the presence of conditional heteroskedasticity. The distribution of the error term on predictors are modelled by a normal distribution with covariate-dependent variance. We show that a...

Comparisons of economic performance over space and time largely depend on how statistical evidence from national accounts and historical estimates are spliced. To allow for changes in relative prices, GDP benchmark years in national accounts are periodically replaced with new and more recent...

How has wellbeing evolved over time and across regions? How does the West compare to the Rest? What explains their differences? These questions are addressed using an historical index of human development. A sustained improvement in wellbeing has taken place since 1870. The absolute gap between...

From an extensive dataset of wheat yields at municipal level in mid eighteenth-century Spain, a detailed statistical analysis indicates that the differences in wheat yields were mainly a consequence of different natural conditions, and that demand did not have a significant influence....

Did the late industrialization in Europe’s periphery improve life for its urban class? This paper examines family living conditions in northern Spain during late industrialization in the interwar period. We concentrate on the Basque region, one of the emerging industrial areas from the 1870s...