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Minería, crecimiento económico y costes de la independencia en México1

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  • Dobado, Rafael
  • Marrero, Gustavo

Abstract

The article is divided into three parts. In the first one we test for the hypothesis of existence of a “weak definition†of “mining-Ied-growth†in the New Spain economy in the 18th century and a “moderately optimistic†version of the relationship between mining expansion and economic growth is defended. In the second part, we analyze the determinants of the silver production, among them we include economic policy variables (mercury price and consignaciones for the Mines of Almadén, as well as the stock of mercury available in New Spain and the price of corn; we also show some of the positive effects of the new role of mercury Monopoly in the Crown's finances. Finally, a quantitative exercise intended to estimate the economic cost for Mexico of the Independence is presented. This cost seems to have been high and attributable, following Coatsworth's terminology, no only to “the achievement of the independence†but to the “independence in itself.â€

Suggested Citation

  • Dobado, Rafael & Marrero, Gustavo, 2001. "Minería, crecimiento económico y costes de la independencia en México1," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 19(3), pages 573-611, December.
    • Handle: RePEc:cup:reveco:v:19:y:2001:i:03:p:573-611_00
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    Cited by:

    1. Prados de la Escosura, Leandro, 2004. "Colonial independence and economic backwardness in Latin America," IFCS - Working Papers in Economic History.WH wh046503, Universidad Carlos III de Madrid. Instituto Figuerola.

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