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...

Settler economies are characterized for the abundance of natural resources. However, natural capital is not homogeneous and it induces differences in terms of economic performance. I discuss the effect of agricultural natural resources on production and income distribution in the agriculture in...