Showing 1 - 10 of 113
This paper revisits Bairoch’s hypothesis that in the late 19th century tariffs were positively associated with growth, as recently confirmed by a new generation of quantitative studies (see O`Rourke (2000), Jacks (2006) and Clemens-Williamson (2002, 2004)). This paper highlights the importance...
Persistent link: https://www.econbiz.de/10005870482
This paper presents new regional GDP estimates for the Habsburg Monarchy and constructs measures of market potential for its 22 major regions. The paper argues that regional income differentials were significantly larger, that intra-empire catching-up of poor with rich regions was far more...
Persistent link: https://www.econbiz.de/10005870545
At the start of the long wars against Revolutionary and Napoleonic France, the taxes available to the British state fell mainly on outlays made by its citizens, upon domestically produced commodities and services. Smaller proportions came from import duties and direct taxes upon their incomes...
Persistent link: https://www.econbiz.de/10005870561
Much of the literature on economic change in the post-1945 world is permeated by two ideas: the temporal convergence of per capita incomes across economies and the spatial advance of free trade. For many economists and historians the two are linked: the reduction of trade barriers in the...
Persistent link: https://www.econbiz.de/10005870584
Economic convergence has emerged as one of the key debates in the theoretical andhistorical literature over the last decade. Galor identified three forms of long run percapita income convergence: absolute convergence, whereby convergence occursindependently of the initial conditions facing each...
Persistent link: https://www.econbiz.de/10005870759
As part of an endeavour to explain the divergence in incomes per capita between North and South America new institutional economics (NIE) and economic history have attempted in recent years to realize the potential effort for illumination derivable from comparisons of the heritage of their...
Persistent link: https://www.econbiz.de/10005870783
In 1866, the Midland Railway Company demolished Agar Town,an area Victorian writers called the foulest slum in London, tomake way for the development of St Pancras railway station.Most Londoners lauded the action. But what kind of tenantsactually inhabited the area before it was destroyed, and...
Persistent link: https://www.econbiz.de/10005870937
The paper builds on a method proposed by Geary and Stark (2002) for estimating regional incomes in Victorian Britain. This is modified by using tax data to allocate non-wage income across regions. The results suggest that the coefficient of variation of regional GDP per head was rising rapidly...
Persistent link: https://www.econbiz.de/10005870953
In this paper we examine the concept of “vulnerability” within the context of incomemobility of the poor. We test for the dynamics of vulnerable households in the UKusing Waves 1 - 12 of the British Household Panel Study and find that, of threedifferent types of risks that we test for,...
Persistent link: https://www.econbiz.de/10005871004
Acemoglu, Johnson, & Robinson (2002) have claimed that the world incomedistribution underwent a "Reversal of Fortune" from 1500 to the present, wherebyformerly rich countries in what is now the developing world became poor whilepoor ones grew rich. We question their analysis with regard to both...
Persistent link: https://www.econbiz.de/10005871005