L’Histoire Immobile? A Reappraisal of French Economic Growth using the Demand-Side Approach, 1280-1850

Alessandro Nuvolari and Leonardo Ridolfi

No 14985, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: We construct a new series of GDP per capita for France for the period 1280-1850 using the demand-side approach. Our estimates point to a long run stability of the French economy with a very gradual acceleration towards modern economic growth. In comparative perspective, our new estimates suggest that England and France were characterized by similar levels of economic performance until the second half of the seventeenth century. It is only after that period that the English economy “forges ahead†in a consistent way.

Keywords: : gdp; Economic growth; France; Demand-side approach (search for similar items in EconPapers)
JEL-codes: N13 O47 (search for similar items in EconPapers)
Date: 2020-07
New Economics Papers: this item is included in nep-gro and nep-his
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Citations: View citations in EconPapers (2)

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