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Uneven Development in the Nineteenth Century: A Comparison of the Habsburg Empire and the United States

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  • Good, David F.

Abstract

Unlike most studies of uneven development before World War I, this paper uses the region (not the nation) as the unit of study. Weak market links with the national market partially explain persisting relative backwardness in the Habsburg Empire's eastern hinterland and in the American South. Even if product and factor markets had been perfectly integrated, institutional rigidities would have greatly retarded development. In the Empire, growth emerged in the west where serfdom was weakening and spread slowly as feudal institutions decayed. In America, capitalistic institutions promoted development in the North more thoroughly than did slavery and postbellum institutions in the South.

Suggested Citation

  • Good, David F., 1986. "Uneven Development in the Nineteenth Century: A Comparison of the Habsburg Empire and the United States," The Journal of Economic History, Cambridge University Press, vol. 46(1), pages 137-151, March.
    • Handle: RePEc:cup:jechis:v:46:y:1986:i:01:p:137-151_04
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    Cited by:

    1. Eric Rauchway, 2006. "The Role of Federalism in Developing the US during Nineteenth-century Globalization," WIDER Working Paper Series RP2006-72, World Institute for Development Economic Research (UNU-WIDER).
    2. De Long, J Bradford, 1988. "Productivity Growth, Convergence, and Welfare: Comment," American Economic Review, American Economic Association, vol. 78(5), pages 1138-1154, December.

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