2012
DOI: 10.1016/j.eeh.2011.11.002
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Persistent but not consistent: The growth of national income in Holland 1347–1807

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Cited by 139 publications
(71 citation statements)
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“…9 On Dutch economic stagnation after the Golden Age, see De Vries and Van der Woude (1997); Van Zanden and Van Riel (2004). Van Zanden and Van Leeuwen (2012) present new estimates suggesting that the province of Holland experienced stagnation rather than actual decline between c. 1670 and c. 1800, but their figures refer solely to Holland, by far the most economically successful province. Even for Holland, industry had a near-zero growth rate between 1665 and 1800 and trade contracted at a rate of 0.13 percent p.a.…”
Section: Human Capital Investmentmentioning
confidence: 99%
“…9 On Dutch economic stagnation after the Golden Age, see De Vries and Van der Woude (1997); Van Zanden and Van Riel (2004). Van Zanden and Van Leeuwen (2012) present new estimates suggesting that the province of Holland experienced stagnation rather than actual decline between c. 1670 and c. 1800, but their figures refer solely to Holland, by far the most economically successful province. Even for Holland, industry had a near-zero growth rate between 1665 and 1800 and trade contracted at a rate of 0.13 percent p.a.…”
Section: Human Capital Investmentmentioning
confidence: 99%
“…The British data, taken from Broadberry et al (2015a) for the period 1270-1870, cover the territory of England before 1700 and Great Britain between 1700 and 1870, before linking up with Maddison's (2010) estimates for the United Kingdom. The Dutch data for the period 1348-1807 from van Zanden and van Leeuwen (2012) cover the territory of Holland and link up with Maddison's (2010) Table 1 support the notion of a reversal of fortunes between the North Sea area and Mediterranean Europe, sometimes known as the Little Divergence (Broadberry, 2014). Before the Black Death in 1348, per capita incomes were substantially higher in Italy and Spain than in England and Holland, whereas by 1750 on the eve of the Industrial Revolution, per capita incomes were substantially higher in Great Britain and the Netherlands than in Italy and Spain.…”
Section: European Growth and Development 1270-2008mentioning
confidence: 99%
“…Britain and Holland have very rich data, with historical national accountants able to build on decades of detailed data processing by generations of scholars as well as well-stocked archives (Broadberry et al 2015a;van Zanden and van Leeuwen 2012). For other countries, where information is more limited, or where there has been less processing of existing data, Malanima (2011), Álvarez-Nogal and Prados de la Escosura (2013) and others have developed a short-cut method for reconstructing GDP.…”
Section: European Growth and Development 1270-2008mentioning
confidence: 99%
“…18 This formed the starting point for a detailed reconstruction of the national accounts of Holland between 1347 and 1807 (linking these estimates to nineteenth century national accounts). 19 It turned out that before the year 1500, GDP per capita had already increased substantially, confijirming the impression that in the Late Medieval Period the economy of Holland had already 'taken offf'. 20 Moreover, in the 1670s, the turning point that is generally accepted as having ended the Golden Age, there was not a decisive break in per capita growth (although there was in terms of population growth).…”
Section: Quantifying Growth Factors In the Economy Of Hollandmentioning
confidence: 99%