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Economic Growth and the Standard of Living in Southern New England, 1640–1774

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  • Main, Gloria L.
  • Main, Jackson T.

Abstract

This study draws upon a large sample of probated estates from early Connecticut and Massachusetts. It finds that total probate wealth per adult male grew slowly over the colonial period and its growth was confined entirely to real estate. The value of consumption goods per estate fell during the early eighteenth century which raises questions about the impact of economic growth on household life.

Suggested Citation

  • Main, Gloria L. & Main, Jackson T., 1988. "Economic Growth and the Standard of Living in Southern New England, 1640–1774," The Journal of Economic History, Cambridge University Press, vol. 48(1), pages 27-46, March.
    • Handle: RePEc:cup:jechis:v:48:y:1988:i:01:p:27-46_00
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    Cited by:

    1. Rosenbloom, Joshua L. & Weiss, Thomas, 2014. "Economic growth in the Mid-Atlantic region: Conjectural estimates for 1720 to 1800," Explorations in Economic History, Elsevier, vol. 51(C), pages 41-59.
    2. Rosenbloom, Joshua L., 2018. "The Colonial American Economy," ISU General Staff Papers 201802270800001002, Iowa State University, Department of Economics.
    3. Sebastian A.J. Keibek, 2016. "Correcting the probate inventory record for wealth bias," Working Papers 28, Department of Economic and Social History at the University of Cambridge, revised 21 Mar 2017.
    4. Lorena Walsh, 1992. "Consumer Behavior, Diet, and the Standard of Living in Late Colonial and Early Antebellum America, 1770-1840," NBER Chapters, in: American Economic Growth and Standards of Living before the Civil War, pages 217-264, National Bureau of Economic Research, Inc.
    5. Bengtsson, Erik & Svensson, Patrick, 2020. "The living standards of the labouring classes in Sweden, 1750–1900: Evidence from rural probate inventories," Lund Papers in Economic History 213, Lund University, Department of Economic History.
    6. Travis J. Lybbert, 2010. "The Economic Roots Of The American “Zigzag”: Knives, Forks, And British Mercantilism," Economic Inquiry, Western Economic Association International, vol. 48(3), pages 810-815, July.
    7. Sebastian A.J. Keibek, 2016. "By-Employments In Early Modern England And Their Significance For Estimating Historical Male Occupational Structures," Working Papers 29, Department of Economic and Social History at the University of Cambridge, revised 21 Mar 2017.

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