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Growth or stagnation in pre-industrial Britain? A revealed income growth approach

Author

Listed:
  • Groth, Christian

    (Department of Economics, University of Copenhagen)

  • Persson, Karl Gunnar

    (Department of Economics, University of Copenhagen)

Abstract

The extent of growth in pre-industrial Europe in general and in Britain in particular has attracted intense scholarly focus. Growth or Malthusian stagnation? No consensus has evolved. Reconstructions of national income from 1300 and up to the Industrial Revolution come to opposing conclusions and so do econometric studies. Applying Engels’ law, we suggest a new approach in which income growth is revealed by changes in occupational structure. Data needed for this approach are less contested than the wage and output series used in the existing literature. We find that pre-industrial Britain exhibited secular rise in the standard of living.

Suggested Citation

  • Groth, Christian & Persson, Karl Gunnar, 2016. "Growth or stagnation in pre-industrial Britain? A revealed income growth approach," CAGE Online Working Paper Series 264, Competitive Advantage in the Global Economy (CAGE).
    • Handle: RePEc:cge:wacage:264
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    File URL: http://www2.warwick.ac.uk/fac/soc/economics/research/centres/cage/manage/publications/264-2016_persson.pdf
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    References listed on IDEAS

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    Cited by:

    1. Stephen Broadberry & Bruce M. S. Campbell & Alexander Klein & Mark Overton & Bas van Leeuwen, 2018. "Clark's Malthus delusion: response to ‘Farming in England 1200–1800’," Economic History Review, Economic History Society, vol. 71(2), pages 639-664, May.
    2. Giovanni Federico & Paul Sharp, 2017. "Karl Gunnar Persson (1943–2016)," European Review of Economic History, European Historical Economics Society, vol. 21(1), pages 133-139.
    3. David Chilosi & Carlo Ciccarelli, 2021. "Southern and Northern Italy in the Great Divergence: New Perspectives from the Occupational Structure," Quaderni di storia economica (Economic History Working Papers) 47, Bank of Italy, Economic Research and International Relations Area.

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    More about this item

    Keywords

    Malthusian stagnation; Engel’s law; Revealed income growth; Pre-industrial productivity growth; Structural change. JEL Classification: E24; N13; O11; O41; O47;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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