Advanced Search
MyIDEAS: Login to save this article or follow this journal

Persistent but not consistent: The growth of national income in Holland 1347–1807

Contents:

Author Info

  • van Zanden, Jan Luiten
  • van Leeuwen, Bas

Abstract

In this paper we construct a detailed dataset of the national accounts of Holland (1347–1807). Using this dataset, we demonstrate that this economy was characterized by persistent economic growth caused by, depending on the period, structural change (share of industry and services in the economy increases), technological development, and factor substitution. During the entire period GDP per capita increased by on average 0.19% per year. This persistent growth, however, was highly unstable due largely to the importance of international services in the economy.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.sciencedirect.com/science/article/pii/S0014498311000611
Download Restriction: Full text for ScienceDirect subscribers only

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Elsevier in its journal Explorations in Economic History.

Volume (Year): 49 (2012)
Issue (Month): 2 ()
Pages: 119-130

as in new window
Handle: RePEc:eee:exehis:v:49:y:2012:i:2:p:119-130

Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/622830

Related research

Keywords: Holland; GDP; Schumpeterian growth; Smithian growth; Growth accounting;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Malanima, Paolo, 2011. "The long decline of a leading economy: GDP in central and northern Italy, 1300–1913," European Review of Economic History, Cambridge University Press, vol. 15(02), pages 169-219, August.
  2. Buringh, Eltjo & Van Zanden, Jan Luiten, 2009. "Charting the “Rise of the West”: Manuscripts and Printed Books in Europe, A Long-Term Perspective from the Sixth through Eighteenth Centuries," The Journal of Economic History, Cambridge University Press, vol. 69(02), pages 409-445, June.
  3. van Zanden, Jan Luiten & van Tielhof, Milja, 2009. "Roots of growth and productivity change in Dutch shipping industry, 1500-1800," Explorations in Economic History, Elsevier, vol. 46(4), pages 389-403, October.
  4. Van Zanden, Jan Luiten, 2002. "Taking the measure of the early modern economy: Historical national accounts for Holland in 1510/14," European Review of Economic History, Cambridge University Press, vol. 6(02), pages 131-163, August.
  5. Smits, Jan-Pieter & Horlings, Edwin & Zanden, Jan Luiten van, . "Dutch GNP and its components, 1800-1913," GGDC Research Memorandum No.5, Groningen Growth and Development Centre, University of Groningen.
  6. Charles Feinstein & Mark Thomas, 2001. "A Plea for Errors," Oxford University Economic and Social History Series _041, Economics Group, Nuffield College, University of Oxford.
  7. Donald W.K. Andrews, 1990. "Tests for Parameter Instability and Structural Change with Unknown Change Point," Cowles Foundation Discussion Papers 943, Cowles Foundation for Research in Economics, Yale University.
  8. Mendels, Franklin F., 1972. "Proto-industrialization: The First Phase of the Industrialization Process," The Journal of Economic History, Cambridge University Press, vol. 32(01), pages 241-261, March.
  9. Jerzmanowski, Michal, 2006. "Empirics of hills, plateaus, mountains and plains: A Markov-switching approach to growth," Journal of Development Economics, Elsevier, vol. 81(2), pages 357-385, December.
  10. Gregory Clark, 2007. "Introduction to A Farewell to Alms: A Brief Economic History of the World
    [A Farewell to Alms: A Brief Economic History of the World]
    ," Introductory Chapters, Princeton University Press.
  11. de Vries, Jan, 1994. "The Industrial Revolution and the Industrious Revolution," The Journal of Economic History, Cambridge University Press, vol. 54(02), pages 249-270, June.
  12. Jan Luiten van Zanden & Arthur van Riel, 2004. "Introduction to The Strictures of Inheritance: The Dutch Economy in the Nineteenth Century
    [The Strictures of Inheritance: The Dutch Economy in the Nineteenth Century]
    ," Introductory Chapters, Princeton University Press.
  13. Pritchett, Lant, 2000. "Understanding Patterns of Economic Growth: Searching for Hills among Plateaus, Mountains, and Plains," World Bank Economic Review, World Bank Group, vol. 14(2), pages 221-50, May.
  14. de Vries,Jan & van der Woude,Ad, 1997. "The First Modern Economy," Cambridge Books, Cambridge University Press, number 9780521578257, April.
  15. Charles H. Feinstein & Mark Thomas, 2001. "A Plea for Errors," Economics Series Working Papers 2001-W41, University of Oxford, Department of Economics.
  16. van Bavel, Bas (B.J.P.), 2003. "Early Proto-industrialization in the Low Countries? The Importance and Nature of Market-oriented Non-agricultural Activities on the Countryside in Flanders and Holland," MPRA Paper 42361, University Library of Munich, Germany.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Bas van Leeuwen & Jieli van Leeuwen-Li & Reinhard Pirngruber, 2013. "The standard of living in ancient societies: a comparison between the Han Empire, the Roman Empire, and Babylonia," Working Papers 0045, Utrecht University, Centre for Global Economic History.
  2. Peter Foldvari & Bas van Leeuwen & Jan Luiten van Zanden, 2012. "The contribution of migration to economic development in Holland and the Netherlands 1510-1900," Working Papers 0025, Utrecht University, Centre for Global Economic History.
  3. Ogilvie, Sheilagh & Carus, A.W., 2014. "Institutions and Economic Growth in Historical Perspective," Handbook of Economic Growth, in: Handbook of Economic Growth, edition 1, volume 2, chapter 8, pages 403-513 Elsevier.
  4. repec:cge:warwcg:159 is not listed on IDEAS
  5. Stephen Broadberry & Leigh Gardner, 2014. "African economic growth in a European mirror: a historical perspective," Economic History Working Papers 56493, London School of Economics and Political Science, Department of Economic History.
  6. Tracy Dennison & Sheilagh Ogilvie, 2013. "Does the European Marriage Pattern Explain Economic Growth," CESifo Working Paper Series 4244, CESifo Group Munich.
  7. Lemin Wu & Rohan Dutta & David K Levine & Nicholas W Papageorge, 2014. "Entertaining Malthus: Bread, Circuses and Economic Growth," Levine's Bibliography 786969000000000853, UCLA Department of Economics.
  8. Broadberry, Stephen, 2013. "Accounting For The Great Divergence," CAGE Online Working Paper Series 160, Competitive Advantage in the Global Economy (CAGE).
  9. van den Heuvel, Danielle & Ogilvie, Sheilagh, 2013. "Retail development in the consumer revolution: The Netherlands, c. 1670–c. 1815," Explorations in Economic History, Elsevier, vol. 50(1), pages 69-87.
  10. Xu, Yi & Foldvari, Peter & Van Leeuwen, Bas, 2013. "Human capital in Qing China: economic determinism or a history of failed opportunities?," MPRA Paper 43525, University Library of Munich, Germany.
  11. repec:cge:warwcg:171 is not listed on IDEAS
  12. Alexandra M. de Pleijt & Jan Luiten van Zanden, 2013. "Accounting for the ‘Little Divergence’ What drove economic growth in preindustrial Europe, 1300-1800?," Working Papers 0046, Utrecht University, Centre for Global Economic History.
  13. Peter Foldvari & Bas Leeuwen & Jan Zanden, 2013. "The Contribution of Migration to Economic Development in Holland 1570–1800," De Economist, Springer, vol. 161(1), pages 1-18, March.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eee:exehis:v:49:y:2012:i:2:p:119-130. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.