Growth recurring in preindustrial Spain: half a millennium perspective

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dc.contributor.author Álvarez Nogal, Carlos
dc.contributor.author Prados de la Escosura, Leandro
dc.contributor.author Santiago Caballero, Carlos
dc.contributor.editor Universidad Carlos III de Madrid. Instituto Figuerola de Historia y Ciencias Sociales
dc.date.accessioned 2020-03-11T17:03:56Z
dc.date.available 2020-03-11T17:03:56Z
dc.date.issued 2020-03-11
dc.identifier.issn 2341-2542
dc.identifier.uri http://hdl.handle.net/10016/29872
dc.description.abstract Research in economic history has lately challenged the Malthusian depiction of preindustrial European economies, highlighting 'efflorescences', 'Smithian' and 'growth recurring' episodes. Do these defining concepts apply to preindustrial Spain? On the basis of new yearly estimates of output and population for nearly 600 years we show that preindustrial Spain was far from stagnant and phases of per capita growth and shrinkage alternated. Population and output per head evolved along supporting the hypothesis of a frontier economy. After a long phase of sustained and egalitarian growth, a collapse in the 1570s opened a new era of sluggish growth and high inequality. The unintended consequences of imperial ambitions in Europe on economic activity, rather than Malthusian forces, help to explain it
dc.language.iso eng
dc.relation.ispartofseries Working Papers in Economic History
dc.relation.ispartofseries 20-01
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Preindustrial Spain
dc.subject.other Frontier Economy
dc.subject.other Black Death
dc.subject.other Malthusian
dc.subject.other Growth Recurring
dc.title Growth recurring in preindustrial Spain: half a millennium perspective
dc.type workingPaper
dc.subject.jel E10
dc.subject.jel N13
dc.subject.jel O10
dc.subject.jel O47
dc.identifier.uxxi DT/0000001741
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