Article information
Resumen
Este artículo analiza distintos modos de medir el crecimiento económico de Europa en períodos anteriores a la Revolución Industrial. Se demuestra que las cifras publicadas por Angus Maddison sobrevaloran probablemente el crecimiento habido entre 1000 y 1820. A continuación, se desarrolla un modelo para estimar las características del crecimiento a largo plazo, a partir del cual se obtienen series anuales para los países europeos más relevantes, y se discuten sus resultados. Se concluye que el crecimiento fue muy lento entre c. 1450 y c. 1800, con la notable excepción de Inglaterra y Holanda, y que entre c. 1000 y c. 1450 el PIB por habitante se incrementó probablemente más rápido que en los siglos anteriores a la Revolución Industrial.
Palabras clave:
Crecimiento económico
Europa
Estimación
Abstract
The paper discusses different attempts to measure economic growth in Europe before the Industrial Revolution. It is argued that the figures published by Angus Maddison probably overestimate growth between 1000 and 1820. Next, a method for simulating long-term patterns of growth is presented, and the results of this experiment, i.e. annual time series for the most important European countries, are discussed. It is concluded that growth was very slow between c 1450 and c 1800 —with the notable exceptions of England and the Netherlands— and that between c 1000 and c 1450, GDP per capita increased probably faster than in the centuries before the Industrial Revolution.
Key words:
Economic growth
Europe
Measurement
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