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Gerschenkron Revisited. European Patterns of Development in Historical Perspective

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  • Leandro Prados de la Escosura

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Abstract

Europe provides a suitable scenario for testing regularities of growth since its countries share to a large extent institutions, policies, and resource endowments. Patterns of development, that associate structural change to variations in GDP per head and population, are constructed for Europe in the nineteenth and the twentieth centuries along the lines of Chenery and Syrquin (1975) pathbreaking work. Thus, it is possible to discern whether a common set of development processes is observable for the whole continent and whether countries which had a late start exhibited, as posited by Gerschenkron (1962), a differential behaviour in terms of accumulation, resource allocation, and demographic transition. The results tend to confirm the different nature of latecomers’ development.

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Paper provided by Universidad Carlos III, Departamento de Historia Económica e Instituciones in its series Working Papers in Economic History with number wh057910.

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Date of creation: Dec 2005
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Handle: RePEc:cte:whrepe:wh057910

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  1. Syrquin, Moshe, 1988. "Patterns of structural change," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 7, pages 203-273 Elsevier.
  2. Barro, R.J., 1989. "Economic Growth In A Cross Section Of Countries," RCER Working Papers 201, University of Rochester - Center for Economic Research (RCER).
  3. Maddison, A., 1991. "A Long Run Perspective on Saving," Papers 443, Groningen State, Institute of Economic Research-.
  4. McCloskey, Donald N, 1976. "Does the Past Have Useful Economics?," Journal of Economic Literature, American Economic Association, vol. 14(2), pages 434-61, June.
  5. Molinas, Cesar & de la Escosura, Leandro Prados, 1989. "Was Spain different? Spanish historical backwardness revisited," Explorations in Economic History, Elsevier, vol. 26(4), pages 385-402, October.
  6. Robert J. Barro, 1989. "A Cross-Country Study of Growth, Saving, and Government," NBER Working Papers 2855, National Bureau of Economic Research, Inc.
  7. Spoerer, Mark, 1997. "Weimar's investment and growth record in intertemporal and international perspective," European Review of Economic History, Cambridge University Press, vol. 1(03), pages 271-297, December.
  8. Maddison, Angus, 1994. "Standardised Estimates of Fixed Capital Stock: A Six Country Comparison," GGDC Research Memorandum 199409, Groningen Growth and Development Centre, University of Groningen.
  9. R.A. Batchelor & R.L. Major & A.D. Morgan, 1980. "Industrialisation and the Basis for Trade," National Institute Economic Review, National Institute of Economic and Social Research, vol. 93(1), pages 55-58, August.
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