Conjectural Estimates of Economic Growth in the Lower South, 1720-1800 PDF Download
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Author: Peter C. Mancall
Publisher:
ISBN:
Category : Southern States
Languages : en
Pages : 62
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Book Description
This paper describes the first step in a larger project to build up regional estimates of economic growth before 1800 in the parts of North America that became the United States. In it we employ the method of conjectural estimation to develop new estimates of the rate of economic growth in the Lower South (modern day North Carolina, South Carolina, Georgia, and Tennessee) from 1720 to 1800 for both colonists and the Native American population of the region. Contrary to the widely held view that GDP per capita grew at a rate of 0.3 to 0.6 percent per year during the eighteenth century our best estimate is that per capita GDP grew at just 0.09 percent per year. Despite the slow growth of GDP per capita, however, the region's economy did achieve appreciable extensive growth, and achieving any advance in per capita production can be viewed as a significant accomplishment in light of the challenges that this growth posed for the economy. The difference between our estimate and those of previous studies appears to be the result of earlier scholars' undue focus on export performance. In contrast, our approach allows us to accurately account for the effect of the slowly growing domestic sector of the economy.
Author: Peter C. Mancall
Publisher:
ISBN:
Category : Southern States
Languages : en
Pages : 62
Get Book Here
Book Description
This paper describes the first step in a larger project to build up regional estimates of economic growth before 1800 in the parts of North America that became the United States. In it we employ the method of conjectural estimation to develop new estimates of the rate of economic growth in the Lower South (modern day North Carolina, South Carolina, Georgia, and Tennessee) from 1720 to 1800 for both colonists and the Native American population of the region. Contrary to the widely held view that GDP per capita grew at a rate of 0.3 to 0.6 percent per year during the eighteenth century our best estimate is that per capita GDP grew at just 0.09 percent per year. Despite the slow growth of GDP per capita, however, the region's economy did achieve appreciable extensive growth, and achieving any advance in per capita production can be viewed as a significant accomplishment in light of the challenges that this growth posed for the economy. The difference between our estimate and those of previous studies appears to be the result of earlier scholars' undue focus on export performance. In contrast, our approach allows us to accurately account for the effect of the slowly growing domestic sector of the economy.
Author: Alexander J. Field
Publisher: Elsevier
ISBN: 0762313706
Category : Business & Economics
Languages : en
Pages : 361
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Book Description
The volume includes six papers in quantitative economic history. Peter Mancall, Josh Rosenbloom, and Tom Weiss consider growth in colonial North America, while Gary Richardson examines the role of bank failures in propagating the Great Depression. John Komlos examines the heights of rich and poor youth in England in the late eighteenth and early nineteenth century. Klas Fregert and Roger Gustafson provide a synoptic view of public finances in Sweden from the eighteenth through the twentieth century. Drew Keeling studies the economics of the steamship industry that facilitated migration between Europe and the United States between 1900 and 1914. Finally, Gregg Huff and Giovanni Caggiano examine the integration of labor markets in Southeast Asia in the late nineteenth and early twentieth century. It includes original articles written by experts on the subjects and articles supported by quantitative data.
Author: Joshua L. Rosenbloom
Publisher: Routledge
ISBN: 1135977844
Category : Business & Economics
Languages : en
Pages : 225
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Book Description
The essays in this book use the analytical tools and theoretical framework of economics to interpret quantitative historical evidence, offering new ways to approach historical issues and suggesting entirely new types of evidence outside conventional archives. Rosenbloom has gathered together seven essays from leading quantitative economic historian
Author: Timothy Guinnane
Publisher: Stanford University Press
ISBN: 0804766932
Category : Business & Economics
Languages : en
Pages : 528
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Book Description
Combining theoretical work with careful historical description and analysis of new data sources, History Matters makes a strong case for a more historical approach to economics, both by argument and by example. Seventeen original essays, written by distinguished economists and economic historians, use economic theory and historical cases to explore how and why "history matters." The chapters, which range in subject matter from the economic theory of irreversible investment to the nineteenth-century decline in U.S. rural fertility to the English poor law reform, are unified by three themes. The first explores the significance, causes, and consequences of path dependence in the evolution of technology and institutions. The second relates to the ways in which economic and political behavior are profoundly shaped and constrained by the cultural and political context inherited from history at a particular point in time. The final theme demonstrates the importance of integrating economic theory into historical research in the gathering and interpretation of data.
Author: Stephen Broadberry
Publisher: Cambridge University Press
ISBN: 1009038028
Category : Business & Economics
Languages : en
Pages : 514
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Book Description
The first volume of The Cambridge Economic History of the Modern World traces the emergence of modern economic growth in eighteenth century Britain and its spread across the globe. Focusing on the period from 1700 to 1870, a team of leading experts in economic history offer a series of regional studies from around the world, as well as thematic analyses of key factors governing the differential outcomes in different parts of the global economy. Topics covered include population and human development, capital and technology, geography and institutions, living standards and inequality, international flows of trade and labour, the international monetary system, and war and empire.
Author: Claude Diebolt
Publisher: Springer Nature
ISBN: 3031355830
Category :
Languages : en
Pages : 2796
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Book Description
Author: James O’Neil Spady
Publisher: Routledge
ISBN: 1000047334
Category : History
Languages : en
Pages : 395
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Book Description
This is the first historical monograph to demonstrate settler colonialism’s significance for Early America. Based on a nuanced reading of the archive and using a comparative approach, the book treats settler colonialism as a process rather than a coherent ideology. Spady shows that learning was a central site of colonial struggle in the South, in which Native Americans, Africans, and European settlers acquired and exploited each other’s knowledge and practices. Learned skills, attitudes, and ideas shaped the economy and culture of the region and produced challenges to colonial authority. Factions of enslaved people and of Native American communities devised new survival and resistance strategies. Their successful learning challenged settler projects and desires, and white settlers gradually responded. Three developments arose as a pattern of racialization: settlers tried to prohibit literacy for the enslaved, remove indigenous communities, and initiate some of North America's earliest schools for poorer whites. Fully instituted by the end of the 1820s, settler colonization’s racialization of learning in the South endured beyond the Civil War and Reconstruction.
Author: Christopher Hanes
Publisher: Emerald Group Publishing
ISBN: 1781905576
Category : Business & Economics
Languages : en
Pages : 318
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Book Description
Volume 29 contains articles on the economic history of Europe and the U.S. including "Understanding Aging During the Epidemiologic Transition" by Suchit Arora; "Estimating French Regional Income: Departmental Per Capita Gross Value Added, 1872-1911" by Paul Caruana-Galizia; "Improve and Sit.
Author: Alvin Rabushka
Publisher: Princeton University Press
ISBN: 0691168237
Category : History
Languages : en
Pages : 968
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Book Description
Taxation in Colonial America examines life in the thirteen original American colonies through the revealing lens of the taxes levied on and by the colonists. Spanning the turbulent years from the founding of the Jamestown settlement to the outbreak of the American Revolution, Alvin Rabushka provides the definitive history of taxation in the colonial era, and sets it against the backdrop of enormous economic, political, and social upheaval in the colonies and Europe. Rabushka shows how the colonists strove to minimize, avoid, and evade British and local taxation, and how they used tax incentives to foster settlement. He describes the systems of public finance they created to reduce taxation, and reveals how they gained control over taxes through elected representatives in colonial legislatures. Rabushka takes a comprehensive look at the external taxes imposed on the colonists by Britain, the Netherlands, and Sweden, as well as internal direct taxes like poll and income taxes. He examines indirect taxes like duties and tonnage fees, as well as county and town taxes, church and education taxes, bounties, and other charges. He links the types and amounts of taxes with the means of payment--be it gold coins, agricultural commodities, wampum, or furs--and he compares tax systems and burdens among the colonies and with Britain. This book brings the colonial period to life in all its rich complexity, and shows how colonial attitudes toward taxation offer a unique window into the causes of the revolution.
Author: Stephen R. Platt
Publisher: Vintage
ISBN: 0345803027
Category : History
Languages : en
Pages : 594
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Book Description
As China reclaims its position as a world power, Imperial Twilight looks back to tell the story of the country’s last age of ascendance and how it came to an end in the nineteenth-century Opium War. As one of the most potent turning points in the country’s modern history, the Opium War has since come to stand for everything that today’s China seeks to put behind it. In this dramatic, epic story, award-winning historian Stephen Platt sheds new light on the early attempts by Western traders and missionaries to “open” China even as China’s imperial rulers were struggling to manage their country’s decline and Confucian scholars grappled with how to use foreign trade to China’s advantage. The book paints an enduring portrait of an immensely profitable—and mostly peaceful—meeting of civilizations that was destined to be shattered by one of the most shockingly unjust wars in the annals of imperial history. Brimming with a fascinating cast of British, Chinese, and American characters, this riveting narrative of relations between China and the West has important implications for today’s uncertain and ever-changing political climate.
