The rise and fall of Spain (1270-1850)
AbstractTwo distinctive regimes are distinguished in Spain over half-a-millennium. A first one (1270s-1590s) corresponds to a high land-labour ratio frontier economy, pastoral, trade-oriented, and led by towns. Wages and food consumption were relatively high. Sustained per capita growth occurred from the Reconquest’s end (1264) to the Black Death (1340s) and resumed from the 1390s only broken by late- 15th century turmoil. A second regime (1600s-1810s) corresponds to a more agricultural and densely populated low-wage economy which grew along a lower path. Contrary to preindustrial Western Europe, Spain achieved her highest living standards in the 1340s, not by mid-15th century. Although its population toll was lower, the Plague had a more damaging impact on Spain and, far from releasing non-existent demographic pressure, destroyed the equilibrium between scarce population and abundant resources. Pre-1350 per capita income was reached by the late 16th century but only overcome after 1820.
Download InfoIf 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.
Bibliographic InfoPaper provided by Universidad Carlos III, Departamento de Historia Económica e Instituciones in its series Working Papers in Economic History with number wp11-02.
Date of creation: Apr 2011
Date of revision:
Contact details of provider:
Postal: Campus de Getafe, C/ Madrid, 126, 28903 GETAFE (MADRID)
Phone: +34-91 624 9809
Fax: +34-91 624 9574
Web page: http://www.uc3m.es/uc3m/dpto/HISEC/01presentacion.html
More information through EDIRC
Preindustrial Spain; Frontier economy; Reconquest; Black Death; Rise; Decline; Western Europe;
Other versions of this item:
- E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
- N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-05-07 (All new papers)
- NEP-HIS-2011-05-07 (Business, Economic & Financial History)
- NEP-MAC-2011-05-07 (Macroeconomics)
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.:
- de la Escosura, Leandro Prados & Rosés, Joan R., 2007.
"The Sources of Long-run Growth in Spain 1850-2000,"
CEPR Discussion Papers
6189, C.E.P.R. Discussion Papers.
- Prados de la Escosura, Leandro & Rosés, Joan R., 2009. "The Sources of Long-Run Growth in Spain, 1850-2000," The Journal of Economic History, Cambridge University Press, vol. 69(04), pages 1063-1091, December.
- Jan Luiten van Zanden & Bas van Leeuwen, 2011. "The Character of growth before 'modern economics growth'? The GDP of Holland between 1347 and 1807," Working Papers 0004, Utrecht University, Centre for Global Economic History.
- Prados de la Escosura Leandro, 2003. "El progreso económico de España (1850-2000)," Books, Fundacion BBVA / BBVA Foundation, edition 1, number 201136.
- van Zanden, Jan L., 1999. "Wages and the standard of living in Europe, 1500 1800," European Review of Economic History, Cambridge University Press, vol. 3(02), pages 175-197, August.
- de la Escosura, Leandro Prados, 1984. "El comercio hispano-britanico en los siglos XVIII y XIX. I. Reconstruccion," Revista de Historia Económica, Cambridge University Press, vol. 2(02), pages 113-162, September.
- de la Escosura, Leandro Prados, 2007. "Growth and structural change in Spain, 1850–2000: a european perspective," Revista de Historia Económica, Cambridge University Press, vol. 25(01), pages 147-181, January.
- Llopis, Enrique & Jerez, Miguel & Álvaro, Adoración & Fernández, Eva, 2000. "Índices de precios de la zona noroccidental de Castilla y León, 1518–1650," Revista de Historia Económica, Cambridge University Press, vol. 18(03), pages 665-684, December.
- Prados de la Escosura, Leandro, 2000. "International Comparisons of Real Product, 1820-1990: An Alternative Data Set," Explorations in Economic History, Elsevier, vol. 37(1), pages 1-41, January.
- Lvarez-Nogal, Carlos & Prados De La Escosura, Leandro, 2007. "The decline of Spain (1500 1850): conjectural estimates," European Review of Economic History, Cambridge University Press, vol. 11(03), pages 319-366, December.
- Jan Luiten van Zanden, 2005. "Una estimación del crecimiento económico en la Edad Moderna," Investigaciones de Historia Económica (IHE) Journal of the Spanish Economic History Association, Asociación Española de Historia Económica, vol. 2, pages 9-38.
- Broadberry,Stephen; Ghosal, Sayantan; Proto, Eugenio, 2011.
"Is Anonymity the Missing Link Between Commercial and Industrial Revolution?,"
CAGE Online Working Paper Series
53, Competitive Advantage in the Global Economy (CAGE).
- Broadberry, Stephen & Ghosal, Sayantan & Proto, Eugenio, 2011. "Is Anonymity the Missing Link Between Commercial and Industrial Revolution?," The Warwick Economics Research Paper Series (TWERPS) 974, University of Warwick, Department of Economics.
- Broadberry, Stephen, 2011.
"Recent developments in the theory of very long run growth: A historical appraisal,"
CAGE Online Working Paper Series
55, Competitive Advantage in the Global Economy (CAGE).
- Broadberry, Stephen, 2007. "Recent Developments In The Theory Of Very Long Run Growth : A Historical Appraisal," The Warwick Economics Research Paper Series (TWERPS) 818, University of Warwick, Department of Economics.
- Broadberry, Stephen, 2013.
"Accounting for the great divergence,"
Economic History Working Papers
54573, London School of Economics and Political Science, Department of Economic History.
- Carlos Santiago-Caballero, 2012. "Provincial grain yields in Spain, 1750-2009," Working Papers in Economic History wp12-04, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Ken Tabata, 2013. "The Expansion of the Commercial Sector and the Child Quantity-Quality Transition in a Malthusian World," Discussion Paper Series 105, School of Economics, Kwansei Gakuin University, revised May 2013.
- Stephen Broadberry & Bruce Campbell & Alexander Klein & Mark Overton & Bas van Leeuwen, 2012. "British Economic Growth, 1270-1870: an output-based approach," Studies in Economics 1203, Department of Economics, University of Kent.
- Broadberry, Stephen; Campbell, Bruce; Klein, Alexander; Overton, Mark; Van Leeuwen, Bas., 2010. "English Economic Growth: 1270 - 1870," CAGE Online Working Paper Series 35, Competitive Advantage in the Global Economy (CAGE).
- Carlos Santiago-Caballero, 2012. "Explaining wheat yields in eighteenth-century Spain," Working Papers in Economic History wp12-05, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- António Henriques, 2014. "Plenty of Land, Land of Plenty. The Agrarian Output of Portugal (1311-20)," FEP Working Papers 520, Universidade do Porto, Faculdade de Economia do Porto.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.