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El PIB de la Nueva Granada en 1800: auge colonial, estancamiento republicano

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  • Salomón Kalmanovitz

    () (Universidad Jorge Tadeo Lozano)

Abstract

This article measures Nueva Granada’s GDP before its Independence, analyzes its economic growth during 1785-1810 and considers some hypothesis about its continuity in the 19th century, with an ending reference point in 1905. These measures are used to make international comparisons with other Latin-American countries and the U.S. economy and to evaluate the share of colonial taxes, transferences to the metropolis, the openness of the economy and the weights of the different sectors in the viceroyalty GDP. The article also highlights the costs of Independence, which are related to the ensuing political disorder and the imperfect democratic institutions built on weak foundations.

Suggested Citation

  • Salomón Kalmanovitz, 2006. "El PIB de la Nueva Granada en 1800: auge colonial, estancamiento republicano," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 8(15), pages 161-183, July-Dece.
  • Handle: RePEc:rei:ecoins:v:8:y:2006:i:15:p:161-183
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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/skalmanovitz15.pdf
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    References listed on IDEAS

    as
    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.
    2. Jaime Jaramillo U. & Adolfo Meisel R. & Miguel Urrutia, 1997. "Continuities and Discontinuities in the Fiscal and Monetary Institutions of New Granada 1783-1850," BORRADORES DE ECONOMIA 002197, BANCO DE LA REPÚBLICA.
    3. Adolfo Meisel Roca., 2003. "¿Situado O Contrabando?: La Base Económica De Caratgena De Indias A Fines Del Siglo De Las Luces," Cuadernos de Historia Económica 11, Banco de la Republica de Colombia.
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    Cited by:

    1. Irigoin, Alejandra, 2015. "Representation without taxation, taxation without consent. The legacy of Spanish colonialism in America," Economic History Working Papers 64804, London School of Economics and Political Science, Department of Economic History.
    2. Salomón Kalmanovitz, 2008. "Consecuencias económicas de la independencia en Colombia," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 10(19), pages 207-233, July-Dece.

    More about this item

    Keywords

    Nueva Granada; colonial taxes; transferences; institutions;

    JEL classification:

    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • N46 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Latin America; Caribbean

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