IDEAS home Printed from https://ideas.repec.org/a/eee/exehis/v46y2009i4p389-403.html
   My bibliography  Save this article

Roots of growth and productivity change in Dutch shipping industry, 1500-1800

Author

Listed:
  • van Zanden, Jan Luiten
  • van Tielhof, Milja

Abstract

Shipping was one of the most dynamic industries of the pre industrial period. The article presents detailed estimates of the growth of output and inputs of the shipping industry in the Netherlands between 1500 and 1800. These are used to study the development of productivity in two ways: by comparing output with inputs (labour and capital), and by analysing the relationship between output prices and input prices. Both methods lead to different results, which we explain. It appears that productivity in this sector increased strongly between ca. 1550 and 1620 as a result of technological and institutional changes, such as the increased efficiency of the network of shipping routes. After 1620 labour productivity continued to increase because of factor substitution as wages increased much more than capital costs. The competitiveness of the Dutch shipping sector did not improve anymore after ca. 1650, however, which helps to explain why its rapid growth came to an end in the second half of the 17th century.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:exehis:v:46:y:2009:i:4:p:389-403
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0014-4983(09)00021-7
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Allen, Robert C. & Bengtsson, Tommy & Dribe, Martin (ed.), 2005. "Living Standards in the Past: New Perspectives on Well-Being in Asia and Europe," OUP Catalogue, Oxford University Press, number 9780199280681, Decembrie.
    2. 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(2), pages 131-163, August.
    3. de Vries,Jan & van der Woude,Ad, 1997. "The First Modern Economy," Cambridge Books, Cambridge University Press, number 9780521570619.
    4. de Vries,Jan & van der Woude,Ad, 1997. "The First Modern Economy," Cambridge Books, Cambridge University Press, number 9780521578257.
    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


    Cited by:

    1. Ojala, Jari & Pehkonen, Jaakko & Eloranta, Jari, 2016. "Deskilling and decline in skill premium during the age of sail: Swedish and Finnish seamen, 1751–1913," Explorations in Economic History, Elsevier, vol. 61(C), pages 85-94.
    2. van Lottum, Jelle & van Zanden, Jan Luiten, 2014. "Labour productivity and human capital in the European maritime sector of the eighteenth century," Explorations in Economic History, Elsevier, vol. 53(C), pages 83-100.
    3. van Zanden, Jan Luiten & van Leeuwen, Bas, 2012. "Persistent but not consistent: The growth of national income in Holland 1347–1807," Explorations in Economic History, Elsevier, vol. 49(2), pages 119-130.
    4. Bosker, Maarten & Buringh, Eltjo, 2017. "City seeds: Geography and the origins of the European city system," Journal of Urban Economics, Elsevier, vol. 98(C), pages 139-157.
    5. Li, Bozhong & van Zanden, Jan Luiten, 2012. "Before the Great Divergence? Comparing the Yangzi Delta and the Netherlands at the Beginning of the Nineteenth Century," The Journal of Economic History, Cambridge University Press, vol. 72(4), pages 956-989, December.
    6. Oscar Gelderblom & Joost Jonker, 2013. "Early Capitalism in the Low Countries," Working Papers 0041, Utrecht University, Centre for Global Economic History.
    7. Kelly, Morgan & Ó Gráda, Cormac, 2018. "Speed under Sail during the Early Industrial Revolution," CEPR Discussion Papers 12576, C.E.P.R. Discussion Papers.
    8. Jelle van Lottum & Jan Luiten van Zanden, 2011. "Labour Productivity and human capital in the maritime sector of the North Atlantic, c. 1672-1815," Working Papers 0022, Utrecht University, Centre for Global Economic History.
    9. Morgan Kelly & Cormac Ó Gráda, 2017. "Speed under Sail, 1750–1830," Working Papers 201710, School of Economics, University College Dublin.
    10. Olaf M. Merk, 2020. "Quantifying tax subsidies to shipping," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(4), pages 517-535, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. van Zanden, Jan Luiten & van Leeuwen, Bas, 2012. "Persistent but not consistent: The growth of national income in Holland 1347–1807," Explorations in Economic History, Elsevier, vol. 49(2), pages 119-130.
    2. Studer, Roman, 2008. "India and the Great Divergence: Assessing the Efficiency of Grain Markets in Eighteenth- and Nineteenth-Century India," The Journal of Economic History, Cambridge University Press, vol. 68(2), pages 393-437, June.
    3. Broadberry Stephen, 2012. "Recent Developments in the Theory of Very Long Run Growth: A Historical Appraisal," Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, De Gruyter, vol. 53(1), pages 277-306, May.
    4. van Bavel, Bas, 2016. "The Invisible Hand?: How Market Economies have Emerged and Declined Since AD 500," OUP Catalogue, Oxford University Press, number 9780199608133, Decembrie.
    5. Pim de Zwart, 2012. "Population, labour and living standards in early modern Ceylon: An empirical contribution to the divergence debate," The Indian Economic & Social History Review, , vol. 49(3), pages 365-398, September.
    6. Mikolaj Malinowski, 2013. "East of Eden: Polish living standards in a European perspective, ca. 1500-1800," Working Papers 0043, Utrecht University, Centre for Global Economic History.
    7. Bergoña Álvarez & Fernando Ramos Palencia, 2016. "The Role of human capital in pre-industrial societies: skills and earnings in eighteenth-century Castile (Spain)," Working Papers 0099, European Historical Economics Society (EHES).
    8. Alexandra M. de Pleijt & Jan Luiten van Zanden, 2016. "Accounting for the “Little Divergence”: What drove economic growth in pre-industrial Europe, 1300–1800?," European Review of Economic History, Oxford University Press, vol. 20(4), pages 387-409.
    9. van Bavel, Bas (B.J.P.), 2010. "The medieval Origins of Capitalism in the Netherlands," MPRA Paper 49555, University Library of Munich, Germany.
    10. Robert C. Allen, 2007. "Economics, science, and the British industrial revolution," Working Papers 7004, Economic History Society.
    11. Angeles, Luis, 2008. "GDP per capita or real wages? Making sense of conflicting views on pre-industrial Europe," Explorations in Economic History, Elsevier, vol. 45(2), pages 147-163, April.
    12. Ogilvie, Sheilagh & Carus, A.W., 2014. "Institutions and Economic Growth in Historical Perspective," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 8, pages 403-513, Elsevier.
    13. Beltrán Tapia, Francisco J. & Martinez-Galarraga, Julio, 2018. "Inequality and education in pre-industrial economies: Evidence from Spain," Explorations in Economic History, Elsevier, vol. 69(C), pages 81-101.
    14. Saito, Osamu, 2005. "Pre-modern economic growth revisited: Japan and the West," Economic History Working Papers 22475, London School of Economics and Political Science, Department of Economic History.
    15. Timur Kuran & Jared Rubin, 2014. "The Financial Power of the Powerless: Socio-Economic Status and Interest Rates under Partial Rule of Law," Working Papers 14-22, Chapman University, Economic Science Institute.
    16. Dennison, Tracy & Ogilvie, Sheilagh, 2014. "Does the European Marriage Pattern Explain Economic Growth?," The Journal of Economic History, Cambridge University Press, vol. 74(3), pages 651-693, September.
    17. Van Zanden, Jan Luiten, 2009. "The skill premium and the ‘Great Divergence’," European Review of Economic History, Cambridge University Press, vol. 13(1), pages 121-153, April.
    18. Rose, Andrew, 2014. "The Bond Market: An Inflation-Targeter's Best Friend," CEPR Discussion Papers 10124, C.E.P.R. Discussion Papers.
    19. Gonçola Monteiro & Alvaro Pereira, 2006. "From Growth Spurts to Sustained Growth," Discussion Papers 06/24, Department of Economics, University of York.
    20. Andrianova, Svetlana & Demetriades, Panicos & Xu, Chenggang, 2011. "Political Economy Origins of Financial Markets in Europe and Asia," World Development, Elsevier, vol. 39(5), pages 686-699, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:exehis:v:46:y:2009:i:4:p:389-403. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622830 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.