Comparative European Institutions and the Little Divergence, 1385–1800
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10451/56386 |
Resumo: | Why did the countries that first benefited from access to the New World – Castile and Portugal – decline relative to their followers, especially England and the Netherlands? The dominant narrative is that worse initial institutions at the time of the opening of the Atlantic trade explain the Iberian divergence. In this paper, we build a new dataset which allows for a comparison of institutional quality over time. We consider the frequency and nature of parliamentary meetings, the frequency and intensity of extraordinary taxation and coin debasement, and real interest rates together with spreads for public debt. We find no evidence that the political institutions of Portugal and Spain were worse until the English Civil War. |
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Comparative European Institutions and the Little Divergence, 1385–1800Atlantic tradersNew institutional economicsThe little divergenceWhy did the countries that first benefited from access to the New World – Castile and Portugal – decline relative to their followers, especially England and the Netherlands? The dominant narrative is that worse initial institutions at the time of the opening of the Atlantic trade explain the Iberian divergence. In this paper, we build a new dataset which allows for a comparison of institutional quality over time. We consider the frequency and nature of parliamentary meetings, the frequency and intensity of extraordinary taxation and coin debasement, and real interest rates together with spreads for public debt. We find no evidence that the political institutions of Portugal and Spain were worse until the English Civil War.SpringerRepositório da Universidade de LisboaHenriques, AntonioPalma, Nuno2023-02-20T15:29:15Z20222022-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10451/56386engHenriques, A., Palma, N. (2022). Comparative European Institutions and the Little Divergence, 1385-1800. Journal of Economic Growth, Published online 03 October 20221381-433810.1007/s10887-022-09213-5info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-08T17:03:56Zoai:repositorio.ul.pt:10451/56386Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:06:55.950867Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Comparative European Institutions and the Little Divergence, 1385–1800 |
title |
Comparative European Institutions and the Little Divergence, 1385–1800 |
spellingShingle |
Comparative European Institutions and the Little Divergence, 1385–1800 Henriques, Antonio Atlantic traders New institutional economics The little divergence |
title_short |
Comparative European Institutions and the Little Divergence, 1385–1800 |
title_full |
Comparative European Institutions and the Little Divergence, 1385–1800 |
title_fullStr |
Comparative European Institutions and the Little Divergence, 1385–1800 |
title_full_unstemmed |
Comparative European Institutions and the Little Divergence, 1385–1800 |
title_sort |
Comparative European Institutions and the Little Divergence, 1385–1800 |
author |
Henriques, Antonio |
author_facet |
Henriques, Antonio Palma, Nuno |
author_role |
author |
author2 |
Palma, Nuno |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Henriques, Antonio Palma, Nuno |
dc.subject.por.fl_str_mv |
Atlantic traders New institutional economics The little divergence |
topic |
Atlantic traders New institutional economics The little divergence |
description |
Why did the countries that first benefited from access to the New World – Castile and Portugal – decline relative to their followers, especially England and the Netherlands? The dominant narrative is that worse initial institutions at the time of the opening of the Atlantic trade explain the Iberian divergence. In this paper, we build a new dataset which allows for a comparison of institutional quality over time. We consider the frequency and nature of parliamentary meetings, the frequency and intensity of extraordinary taxation and coin debasement, and real interest rates together with spreads for public debt. We find no evidence that the political institutions of Portugal and Spain were worse until the English Civil War. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022 2022-01-01T00:00:00Z 2023-02-20T15:29:15Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10451/56386 |
url |
http://hdl.handle.net/10451/56386 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Henriques, A., Palma, N. (2022). Comparative European Institutions and the Little Divergence, 1385-1800. Journal of Economic Growth, Published online 03 October 2022 1381-4338 10.1007/s10887-022-09213-5 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
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openAccess |
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application/pdf |
dc.publisher.none.fl_str_mv |
Springer |
publisher.none.fl_str_mv |
Springer |
dc.source.none.fl_str_mv |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799134621812654080 |