From convergence to divergence: Portuguese demography and economic growth, 1500-1850

Date

2017

Authors

Palma, Nuno
Reis, Jaime

Director

Publisher

Acceso abierto / Sarbide irekia
Contribución a congreso / Biltzarrerako ekarpena

Project identifier

Abstract

We construct the first time-series for Portugal ’s per capita GDP for 1500-1850, drawing on a new and extensive database. Starting around 1550 there was a highly persistent upward trend of per capita income, which accelerated after 1700 and peaked 50 years later. At that point, per capita incomes were high by European standards. But as the second half of the eighteenth century unfolded, a phase of economic decline was initiated. This continued into the nineteenth
century, and Portugal found itself as one of the most backward European economies precisely at the dawn of the era of modern economic growth.

Description

Trabajo presentado a Iberometrics VIII: Eight Iberian Cliometrics Workshop. Organizado por el Institute of Advanced Research in Business and Economics (INARBE) de la Universidad Pública de Navarra, en colaboración con Glocred y expertos de instituciones de España y Portugal. Celebrado en la Upna el 20-21 de abril de 2017.

Keywords

Early modern Portugal, Historical national accounts, Standards of living debate, The little divergence, Malthusian model

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Faculty/School

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Doctorate program

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