Accounting for the “Little Divergence”: What drove economic growth in pre-industrial Europe, 1300–1800?
Alexandra de Pleijt () and
Jan Luiten van Zanden
European Review of Economic History, 2016, vol. 20, issue 4, 387-409
We test various hypotheses about the causes of the Little Divergence, using new data and focusing on trends in GDP per capita and urbanization. We find evidence that confirms the hypothesis that human capital formation was the driver of growth, and that institutional changes (in particular the rise of active Parliaments) were closely related to economic growth. We also test for the role of religion (the spread of Protestantism): this has affected human capital formation, but does not in itself have an impact on growth.
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Working Paper: Accounting for the ‘Little Divergence’ What drove economic growth in pre-industrial Europe, 1300-1800? (2016)
Working Paper: Accounting for the ‘Little Divergence’ What drove economic growth in preindustrial Europe, 1300-1800? (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ereveh:v:20:y:2016:i:4:p:387-409.
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