Historical national accounting and dating the Great Divergence
By offering a particular interpretation of the new evidence on historical national accounting, Goldstone argues for a return to the Pomeranz (2000) version of the Great Divergence, beginning only after 1800. However, he fails to distinguish between two very different patterns of pre-industrial growt...
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Format: | Journal article |
Language: | English |
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Cambridge University Press
2021
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author | Broadberry, S |
author_facet | Broadberry, S |
author_sort | Broadberry, S |
collection | OXFORD |
description | By offering a particular interpretation of the new evidence on historical national accounting, Goldstone argues for a return to the Pomeranz (2000) version of the Great Divergence, beginning only after 1800. However, he fails to distinguish between two very different patterns of pre-industrial growth: (1) alternating episodes of growing and shrinking without any long-term trend in per capita income and (2) episodes of growing interspersed by per capita incomes remaining on a plateau, so that per capita GDP trends upwards over the long run. The latter dynamic pattern occurred in Britain and Holland from the mid-fourteenth century, so that Northwest Europe first edged ahead of the Yangzi delta region of China in the eighteenth century.
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first_indexed | 2024-03-06T22:40:48Z |
format | Journal article |
id | oxford-uuid:5b791d05-d960-4bb2-b7e3-27e7cd8c384c |
institution | University of Oxford |
language | English |
last_indexed | 2024-03-06T22:40:48Z |
publishDate | 2021 |
publisher | Cambridge University Press |
record_format | dspace |
spelling | oxford-uuid:5b791d05-d960-4bb2-b7e3-27e7cd8c384c2022-03-26T17:22:19ZHistorical national accounting and dating the Great DivergenceJournal articlehttp://purl.org/coar/resource_type/c_6501uuid:5b791d05-d960-4bb2-b7e3-27e7cd8c384cEnglishSymplectic ElementsCambridge University Press2021Broadberry, SBy offering a particular interpretation of the new evidence on historical national accounting, Goldstone argues for a return to the Pomeranz (2000) version of the Great Divergence, beginning only after 1800. However, he fails to distinguish between two very different patterns of pre-industrial growth: (1) alternating episodes of growing and shrinking without any long-term trend in per capita income and (2) episodes of growing interspersed by per capita incomes remaining on a plateau, so that per capita GDP trends upwards over the long run. The latter dynamic pattern occurred in Britain and Holland from the mid-fourteenth century, so that Northwest Europe first edged ahead of the Yangzi delta region of China in the eighteenth century. |
spellingShingle | Broadberry, S Historical national accounting and dating the Great Divergence |
title | Historical national accounting and dating the Great Divergence |
title_full | Historical national accounting and dating the Great Divergence |
title_fullStr | Historical national accounting and dating the Great Divergence |
title_full_unstemmed | Historical national accounting and dating the Great Divergence |
title_short | Historical national accounting and dating the Great Divergence |
title_sort | historical national accounting and dating the great divergence |
work_keys_str_mv | AT broadberrys historicalnationalaccountinganddatingthegreatdivergence |