L’histoire immobile? A reappraisal of French economic growth using the demand-side approach, 1280–1850

We construct a new series of GDP per capita for France for the period 1280–1850 using the demand-side approach. Our estimates point to a long-run stability of the French economy with a very gradual acceleration toward modern economic growth. In comparative perspective, our new estimates suggest that...

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Bibliographic Details
Published in:European review of economic history 2021-08, Vol.25 (3), p.405-428
Main Authors: Ridolfi, Leonardo, Nuvolari, Alessandro
Format: Article
Language:English
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Summary:We construct a new series of GDP per capita for France for the period 1280–1850 using the demand-side approach. Our estimates point to a long-run stability of the French economy with a very gradual acceleration toward modern economic growth. In comparative perspective, our new estimates suggest that England and France were characterized by similar levels of economic performance until the second half of the seventeenth century. It is only after that period that the English economy “forges ahead” in a consistent way.
ISSN:1361-4916
1474-0044
DOI:10.1093/ereh/heab012