Regional income dispersion and market potential in the late nineteenth century Hapsburg Empire
This paper presents new regional GDP estimates for the Habsburg Monarchy and constructs measures of market potential for its 22 major regions. The paper argues that regional income differentials were significantly larger, that intra-empire catching-up of poor with rich regions was far more limited and that the empire’s Eastern regions were much further behind Western Europe than suggested in the historiography. The measurement of regional market potential proves strongly sensitive to the composition of foreign economies considered in the computations and the choice of regional ‘nodes’. Further, though being ‘remote’ imposed some penalty, there was no uniform relationship between changes in regions’ relative GDP position and their market potential.
|Date of creation:||Nov 2007|
|Date of revision:|
|Contact details of provider:|| Postal: LSE, Dept. of Economic History Houghton Street London, WC2A 2AE, U.K.|
Phone: +44 (0) 20 7955 7084
Web page: http://www.lse.ac.uk/economicHistory/
More information through EDIRC
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.:
- Pammer, Michael, 1997. "Proxy Data and Income Estimates: The Economic Lag of Central and Eastern Europe," The Journal of Economic History, Cambridge University Press, vol. 57(02), pages 448-455, June.
- Schulze, Max-Stephan, 2000. "Patterns of growth and stagnation in the late nineteenth century Habsburg economy," European Review of Economic History, Cambridge University Press, vol. 4(03), pages 311-340, 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.
- Prados de la Escosura, Leandro, 1998. "International comparisons of real product, 19820-1990: an alternative dataset," IFCS - Working Papers in Economic History.WH 6177, Universidad Carlos III de Madrid. Instituto Figuerola.
- Nicholas Crafts & Abay Mulatu, 2004.
"How did the location of industry respond to falling transport costs in Britain before World War 1?,"
Economic History Working Papers
22555, London School of Economics and Political Science, Department of Economic History.
- Crafts, Nicholas & Mulatu, Abay, 2006. "How Did the Location of Industry Respond to Falling Transport Costs in Britain Before World War I?," The Journal of Economic History, Cambridge University Press, vol. 66(03), pages 575-607, September.
- K.H. Midelfart & H.G. Overman & S.J. Redding & A.J. Venables, 2000. "The location of European industry," European Economy - Economic Papers 2008 - 2015 142, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Frank Geary & Tom Stark, 2002. "Examining Ireland"s Post--famine Economic Growth Performance," Economic Journal, Royal Economic Society, vol. 112(482), pages 919-935, October.
- Good, David F., 1994. "The Economic Lag of Central and Eastern Europe: Income Estimates for the Habsburg Successor States, 1870–1910," The Journal of Economic History, Cambridge University Press, vol. 54(04), pages 869-891, December.
- Antoni Estevadeordal & Brian Frantz & Alan M. Taylor, 2003. "The Rise and Fall of World Trade, 1870–1939," The Quarterly Journal of Economics, Oxford University Press, vol. 118(2), pages 359-407.
- Antoni Estevadeordal & Brian Frantz & Alan M. Taylor, 2002. "The Rise and Fall of World Trade, 1870-1939," NBER Working Papers 9318, National Bureau of Economic Research, Inc.
- Good, David F., 1997. "Proxy Data and Income Estimates: Reply to Pammer," The Journal of Economic History, Cambridge University Press, vol. 57(02), pages 456-463, June.
- Nicholas Crafts, 2004.
"Regional GDP in Britain, 1871-1911: some estimates,"
Economic History Working Papers
22557, London School of Economics and Political Science, Department of Economic History.
- Nicholas Crafts, 2005. "Regional Gdp In Britain, 1871-1911: Some Estimates," Scottish Journal of Political Economy, Scottish Economic Society, vol. 52(1), pages 54-64, 02.
When requesting a correction, please mention this item's handle: RePEc:ehl:wpaper:22311. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (LSERO Manager on behalf of EH Dept.)
If references are entirely missing, you can add them using this form.