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Seven centuries of European economic growth and decline

Abstract:

This paper investigates very long run pre-industrial economic development. New annual GDP per capita data for six European countries over the last seven hundred years paint a clearer picture of the history of European economic development. First, the paper confirms that sustained growth has been a recent phenomenon, but rejects the argument that there was no long run growth in living standards before the Industrial Revolution. Instead, the evidence demonstrates the existence of numerous perio...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1257/jep.29.4.227

Authors


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Institution:
University of Oxford
Division:
SSD
Department:
Economics
Role:
Author
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Name:
Global Green Growth Institute
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Name:
Economic and Social Research Council
Publisher:
American Economic Association
Journal:
Journal of Economic Perspectives More from this journal
Volume:
29
Issue:
4
Pages:
227-244
Publication date:
2015-01-01
DOI:
ISSN:
1944-7965
Keywords:
Pubs id:
pubs:571417
UUID:
uuid:d4673d37-1c33-4fd8-a79c-3eac7c664e6c
Local pid:
pubs:571417
Source identifiers:
571417
Deposit date:
2015-10-27

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