| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14124 |
| DP14124 Comparative European Institutions and the Little Divergence, 1385-1800 | |
| António Henriques; Nuno Palma | |
| 发表日期 | 2022-07-01 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Why did the countries which first benefited from access to the New World -- Castile and Portugal -- decline relative to their followers, especially England and the Netherlands? The dominant narrative is that worse initial institutions at the time of the opening of Atlantic trade explain Iberian divergence. In this paper, we build a new dataset which allows for a comparison of institutional quality over time. We consider the frequency and nature of parliamentary meetings, the frequency and intensity of extraordinary taxation and coin debasement, and real interest spreads for public debt. We find no evidence that the political institutions of Iberia were worse until the English Civil War. |
| 主题 | Development Economics ; Economic History ; Macroeconomics and Growth ; Public Economics |
| 关键词 | Atlantic traders New institutional economics The little divergence |
| URL | https://cepr.org/publications/dp14124-3 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546501 |
| 推荐引用方式 GB/T 7714 | António Henriques,Nuno Palma. DP14124 Comparative European Institutions and the Little Divergence, 1385-1800. 2022. |
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