ABSTRACT: The role of physical capital is typically found to be limited in accounting for differences in GDP per worker, but this result may be because capital is customarily assumed to be a homogenous unit. This assumption is misleading, Continue reading “Article: The Composition of Capital and Cross-country Productivity Comparisons”
ABSTRACT: We develop new aggregate TFP growth estimates for the United States between 1899 and 1941, and sectoral estimates at the most disaggregated level so far, 38 industries. We include hard-to-measure services, and a refined measure of sectoral labour quality growth. Continue reading “Article: The Sources of Growth in a Technologically Progressive Economy”
ABSTRACT: The African Commodity Trade Database (ACTD) aims to stimulate and deepen research on African and global economic history. The database provides export and import series at product level for more than two and a half centuries of African trade (1730-2010). Continue reading “Article: An Introduction to the African Commodity Trade Database, 1730-2010”
The African Commodity Trade Database (ACTD) aims to stimulate and deepen research on African and global economic history. The database provides export and import series at product level for more than two and a half centuries of African trade (1737-2010). Continue reading “Dataset: African Commodity Trade Database”
ABSTRACT: We use a new trade dataset showing that nineteenth century Sub-Saharan Africa experienced a terms of trade boom comparable to other parts of the ‘global periphery’. A sharp rise in export prices in the five decades before the scramble (1835-1885) Continue reading “Article: An Economic Rationale for the West African Scramble?”
