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Owing to the high cost of transporting farm produce before the railway age, the land-intensiveness of European mixed farming caused both production and consumption of foodstuffs and intermediate farm inputs in the steady state to be highly dispersed, a spatial configuration offering weak...
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Between 1300 and 1500 the French agricultural economy was subjected to massive demographic, political, fiscal and monetary shocks. Despite these shocks, the seigniorial system of property rights governing the ownership and use of land remained largely unchanged. This paper describes the shocks...
Persistent link: https://www.econbiz.de/10004961437
Recent archaeological findings indicate that the Hellenistic and Roman economy was a specialized market economy that obtained levels of factor productivity that appear to be on a par with levels current on the eve of the Industrial Revolution. This raises the question when that economy began to...
Persistent link: https://www.econbiz.de/10005807999
This paper argues that the conventional Malthusian account of pre-modern economies as constrained by diminishing returns resulting from a fixed land supplied is flawed because it does not recognize the importance of systematic indivisibilities in the production and distribution of farm produce...
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