{"title":"The Long-Term Effects of Extractive Institutions: Evidence from Trade Policies in Colonial French Africa","authors":"F. Tadei","doi":"10.1080/20780389.2018.1527685","DOIUrl":"https://doi.org/10.1080/20780389.2018.1527685","url":null,"abstract":"ABSTRACT Despite having convincingly linked colonial extractive institutions to African current poverty, the literature remains unclear about which exact institutions are to blame. To address this research question, in this paper I identify trade policies as one of the main components of colonial extraction by showing their long-term effects on African economic growth. By using the gap between prices paid to African producers in the French colonies and competitive prices as a measure of rent extraction via trade monopsonies, I find a negative correlation between such price gaps and current development. This correlation is not driven by differences in geographic characteristics or national institutions. Moreover, it cannot be explained by the selection of initially poorer places into higher colonial extraction. The evidence suggests that trade monopsonies affected subsequent growth by reducing development in rural areas and that these effects persisted for a long time after independence.","PeriodicalId":54115,"journal":{"name":"Economic History of Developing Regions","volume":"33 1","pages":"183 - 208"},"PeriodicalIF":0.5,"publicationDate":"2018-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/20780389.2018.1527685","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47663523","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Were early banks important for economic growth? Evidence from Latin America","authors":"L. Zegarra","doi":"10.1080/20780389.2018.1502036","DOIUrl":"https://doi.org/10.1080/20780389.2018.1502036","url":null,"abstract":"ABSTRACT This article examines the available evidence from five Latin American economies (Mexico, Brazil, Argentina, Chile, and Peru) and determines the effect of bank output on economic growth from 1870 to 1920. By relying on a panel error-correction model, the evidence suggests that bank output had a significant long-term impact on GDP per capita. In the long run, an increase of 1% in the level of bank output per capita caused an increase of 0.2%-0.3% in GDP per capita. Compared to other studies, however, our estimates suggest a relatively low impact of bank output on GDP per capita. The results are robust to changes in the specification, in the sample, and in the method of deflating nominal variables.","PeriodicalId":54115,"journal":{"name":"Economic History of Developing Regions","volume":"33 1","pages":"225 - 258"},"PeriodicalIF":0.5,"publicationDate":"2018-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/20780389.2018.1502036","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"60048777","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Leigh Gardner, A. Klein, M. Malinowski, Tamás Vonyó
{"title":"EHDR and the economic history of Eastern Europe","authors":"Leigh Gardner, A. Klein, M. Malinowski, Tamás Vonyó","doi":"10.1080/20780389.2018.1484410","DOIUrl":"https://doi.org/10.1080/20780389.2018.1484410","url":null,"abstract":"Research on the economic history of Eastern Europe has proliferated rapidly in recent decades. This expansion is the result of numerous factors, including newly available archival records, a growin...","PeriodicalId":54115,"journal":{"name":"Economic History of Developing Regions","volume":"33 1","pages":"89 - 89"},"PeriodicalIF":0.5,"publicationDate":"2018-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/20780389.2018.1484410","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43719364","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Wages of male and female domestic workers in the Cossack Hetmanate: Poltava, 1765 to 1769","authors":"Tymofii Brik","doi":"10.1080/20780389.2017.1372186","DOIUrl":"https://doi.org/10.1080/20780389.2017.1372186","url":null,"abstract":"ABSTRACT This paper investigates wage inequalities among domestic workers in early modern Poltava (present day Ukraine), which was an important military-administrative of a Cossack Hetmanate, which was an autonomy within the Russian Empire. The data are derived from Rumyantsev census conducted between 1765 and 1769 (N = 1,109). While previous studies often measured domestic workers’ wages indirectly, this historical source contains direct information on their wages in rubles per year. The data suggest that age and social status shaped wages of domestic workers in early modern Ukraine. After the age of 29, wages of all domestic workers stagnated and after 40 wages declined significantly. However, male domestic workers of Cossack origin had higher wages when compared to peasantry, while median wages of married women were similar to that of peasant men, and young girls received higher wages than young boys. These findings open a room for a debate about economic power of male and female workers in early modern Ukraine on the dawn of the Russian Empire centralization.","PeriodicalId":54115,"journal":{"name":"Economic History of Developing Regions","volume":"33 1","pages":"123 - 146"},"PeriodicalIF":0.5,"publicationDate":"2018-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/20780389.2017.1372186","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48599203","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Social Structure of the Real Estate Market in Old Warsaw in the Years 1427–1527","authors":"Piotr Łozowski","doi":"10.1080/20780389.2018.1471353","DOIUrl":"https://doi.org/10.1080/20780389.2018.1471353","url":null,"abstract":"ABSTRACT The article examines the operations of the property market in late medieval Old Warsaw during a period of economic expansion. Two major professional groups (merchants and craftsmen) are distinguished to indicate fundamental differences in their interest in the property market. While craftsmen accumulated goods, merchants sought profit in a quick resale. In addition, the consideration of separate groups such as nobility, clergy, peasants, and Jews, and the analysis of the size of the urban market revealed that the property market in Old Warsaw was dominated by burgesses. The comparison of the number of transactions with the number of newcomers granted citizenship revealed a fact overlooked in the literature, i.e. that the vast majority of migrants had a low economic status and could not afford to purchase their own property just after arriving in the town. This suggests that the rental market played an important role in providing accommodation for newcomers. The analysis also shows the steady and dynamic development of the property market in the fifteenth and early sixteenth centuries. This evidence conflicts with suggestions of an economic crisis affecting late medieval Polish towns, at least for Old Warsaw.","PeriodicalId":54115,"journal":{"name":"Economic History of Developing Regions","volume":"33 1","pages":"147 - 182"},"PeriodicalIF":0.5,"publicationDate":"2018-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/20780389.2018.1471353","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42885417","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Technology and scale changes: The steel industry of a planned economy in a comparative perspective","authors":"Hana Nielsen","doi":"10.1080/20780389.2018.1432353","DOIUrl":"https://doi.org/10.1080/20780389.2018.1432353","url":null,"abstract":"ABSTRACT This paper provides an analysis of the role of technical advances and upscaling practices in the steel sector and the differences in these practices between planned and market-based economies. It focuses on the Czechoslovak steel sector, comparing it to other planned economies as well as Western economies. The primary method of analysis employed is the logistic-fit curve of technology diffusion, complemented with panel regression models. The paper draws two major conclusions: first, Czechoslovakia suffered from technological backwardness in the adoption of new steel technology with prolonged formation stage and high saturation levels as seen in some of the core steel markets. To some degree, this was due to the detrimental nature of central planning on new technology adoption. However, it was mainly linked to some specific characteristics of Eastern European markets, such as availability of scrap, the vintage of individual plants and the different structure of steelmaking costs. Second, the focus on Soviet-style large scale production was visible not only at the industry level but also at the level of the individual furnaces. It was this large-scale production that can be linked to improvements in relative energy efficiency – through economies of scale and learning-by-doing effects.","PeriodicalId":54115,"journal":{"name":"Economic History of Developing Regions","volume":"33 1","pages":"122 - 90"},"PeriodicalIF":0.5,"publicationDate":"2018-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/20780389.2018.1432353","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44039379","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"African socialism; or, the search for an indigenous model of economic development?","authors":"E. Akyeampong","doi":"10.1080/20780389.2018.1434411","DOIUrl":"https://doi.org/10.1080/20780389.2018.1434411","url":null,"abstract":"ABSTRACT Ralph Austen in African Economic History (1987) noted how few African countries explicitly choose capitalism on independence, and for those who did it was a default model or a residual pattern. ‘African socialism’ was popular in the early decades of independence and pursued by several countries, including Ghana, Guinea, Senegal and Tanzania, the cases considered in this paper. The term had multiple meanings, and its advocates were quick to stress that they were not communist, and some said they were not even Marxist. This paper explores the argument that African socialism was a search for an indigenous model of economic development for a generation that was justifiably ambivalent about capitalism, but wary of being put in the communist camp in the Cold War era. Importantly, advocates of African socialism often proposed bold and transformative visions for their countries. These visions might be worth revisiting, devoid of the paradigm of socialism.","PeriodicalId":54115,"journal":{"name":"Economic History of Developing Regions","volume":"33 1","pages":"69 - 87"},"PeriodicalIF":0.5,"publicationDate":"2018-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/20780389.2018.1434411","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43404503","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Staple Trade, Real Wages, and Living Standards in Singapore, 1870–1939","authors":"Keen Meng Choy, I. Sugimoto","doi":"10.1080/20780389.2018.1430512","DOIUrl":"https://doi.org/10.1080/20780389.2018.1430512","url":null,"abstract":"ABSTRACT This paper examines the impact of Singapore’s rise as a staple port on the city’s real wages and living standards during the late nineteenth and early twentieth century, when this British colony acted as the heartland to surrounding hinterlands. Based on an analysis of newly reconstructed nominal wage and price time series, it is shown that real wages in Singapore fluctuated substantially over this period, rising and falling with the port’s staple trade in tin and rubber. As the city transformed itself into a commercial and financial hub during the interwar period, however, Singapore’s real wages rose, though this was accompanied by a widening skill premium. Compared to its peers in Asia, the city appears to have enjoyed a relatively higher average living standard before 1900, and possibly by the late 1930s as well.","PeriodicalId":54115,"journal":{"name":"Economic History of Developing Regions","volume":"33 1","pages":"18 - 50"},"PeriodicalIF":0.5,"publicationDate":"2018-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/20780389.2018.1430512","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47583722","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Ancestral Characteristics of Modern Populations","authors":"Paola Giuliano, Nathan Nunn","doi":"10.1080/20780389.2018.1435267","DOIUrl":"https://doi.org/10.1080/20780389.2018.1435267","url":null,"abstract":"ABSTRACT We construct a database, with global coverage, that provides measures of the cultural and environmental characteristics of the pre-industrial ancestors of the world’s current populations. In this paper, we describe the construction of the database, including the underlying data, the procedure to produce the estimates, and the structure of the final data. We then provide illustrations of some of the variation in the data and provide an illustration of how the data can be used.","PeriodicalId":54115,"journal":{"name":"Economic History of Developing Regions","volume":"33 1","pages":"1 - 17"},"PeriodicalIF":0.5,"publicationDate":"2018-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/20780389.2018.1435267","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49132264","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Politics and policies: Determinants of South Africa's monetary policy problems in the 1980s","authors":"J. Rossouw","doi":"10.1080/20780389.2017.1372187","DOIUrl":"https://doi.org/10.1080/20780389.2017.1372187","url":null,"abstract":"ABSTRACT The interim and final reports of the De Kock Commission (Republic of South Africa 1985) brought monetary policy in South Africa closer to the international consensus of the 1980s, where explicit nominal anchors supporting a policy commitment were widely shared principles. A nominal anchor for monetary policy was introduced for the first time in South Africa in 1986. Despite the adoption of a nominal achor, the 1980s were characterized by sustained high inflation and financial instability. This paper assesses the role of politics and policies in the period running up to and following the announcement of a nominal monetary policy anchor for South Africa. It is shown that all politics and policies contributed to financial instability and to sustained inflation in the 1980s.","PeriodicalId":54115,"journal":{"name":"Economic History of Developing Regions","volume":"33 1","pages":"51 - 68"},"PeriodicalIF":0.5,"publicationDate":"2018-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/20780389.2017.1372187","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43348736","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}