Plenty of Land, Land of Plenty. The Agrarian Output of Portugal (1311-20)
This article presents a benchmark for Portuguese agrarian output for the 1311-20 decade. This benchmark is built from the supply side, using the value of ecclesiastical tithes, and tested with macro and micro level demand-side information. Compared with existing estimates for contemporary England, real Portuguese per capita agrarian output appears high. This result challenges the received wisdom that by 1320 Portugal was hard-pressed by demographic forces. Instead, it confirms that by 1320, Portugal was a ‘frontier economy’ with a high land/labour ratio and a high per capita output level.
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- Álvarez-Nogal, Carlos & Prados de la Escosura, Leandro, 2011.
"The Rise and Fall of Spain (1270-1850),"
CEPR Discussion Papers
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