Do Frontiers give of do frontiers take ? The case of intercontinental trade in France at the end of the Ancien Régime

Guillaume Daudin

No 2003-03, Documents de Travail de l'OFCE from Observatoire Francais des Conjonctures Economiques (OFCE)

Abstract: This paper studies the role of the French intercontinental trading maritime frontier in domestic capital accumulation at the end of the Ancien Régime. It uses O'Brien's method to measure the amount of annual profits generated in this sector. The net gain is then computed by computing how much income and savings the resources invested in the intercontinental sector would have had if they have been invested in the French domestic economy. Finally, using the notion of "heart of growth", the paper suggests that this frontier was more important for its attractiveness for domestic capitalists than for the riches it distributed.

Keywords: France - 18th century; profits; internatinonal trade; economic growth; capital accumulation (search for similar items in EconPapers)
JEL-codes: F1 N1 N7 (search for similar items in EconPapers)
Date: 2003
New Economics Papers: this item is included in nep-his and nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Forthcoming in "A Deus Ex Machina Revisited. Atlantic Colonial Activities and European Economic Development" Olivier Pétré-Grenouilleau et Pieter Emmer, ed., Ashgate, expected 2004

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Related works:
Working Paper: Do Frontiers give or do frontiers take ? The case of intercontinental trade in France at the end of the Ancien Régime (2006)
Working Paper: Do Frontiers give or do frontiers take ? The case of intercontinental trade in France at the end of the Ancien Régime (2006)
Working Paper: Do frontiers give or do frontiers take? The case of intercontinental trade in France at the end of the Ancien Régime (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:fce:doctra:0303

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