The Contribution of Migration to Economic Development in Holland 1570–1800

Migration always played an important role in Dutch society. However, little quantitative evidence on its effect on economic development is known for the period before the twentieth century even though some stories exist about their effect on the Golden Age. Applying a VAR analysis on a new dataset o...

Full description

Saved in:
Bibliographic Details
Published in:De Economist (Netherlands) 2013-03, Vol.161 (1), p.1-18
Main Authors: Foldvari, Peter, van Leeuwen, Bas, van Zanden, Jan Luiten
Format: Article
Language:English
Subjects:
Correlation analysis
Early modern period
Economic Development
Economic growth
Economic Policy
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Estimates
GDP
Gross Domestic Product
Human capital
Immigration
Income
Manual workers
Medieval period
Microeconomics
Migration
Netherlands
Per capita
Per capita income
Population
Population growth
Public Finance
Society
Studies
Success
Twentieth Century
Vector-autoregressive models
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Migration always played an important role in Dutch society. However, little quantitative evidence on its effect on economic development is known for the period before the twentieth century even though some stories exist about their effect on the Golden Age. Applying a VAR analysis on a new dataset on migration and growth for the period 1570–1800, we find that migration had a positive effect on factor accumulation during the whole period, and a positive direct effect on the per capita income during the Golden Age. This seems to confirm those studies that claim that the Dutch economy during its Golden Age at least partially benefitted from immigration.
ISSN:0013-063X
1572-9982
DOI:10.1007/s10645-012-9197-6