American Incomes Before and After the Revolution

Autor:	Jeffrey G. Williamson, Peter H. Lindert
Rok vydání:	2013
Předmět:	Economics and Econometrics History geography geography.geographical_feature_category Economics Econometrics and Finance (miscellaneous) Fell Purchasing power Colonialism jel:N91 jel:O51 jel:N11 Economics Per capita Demographic economics jel:O47
Zdroj:	The Journal of Economic History. 73:725-765
ISSN:	1471-6372 0022-0507
DOI:	10.1017/s0022050713000594
Popis:	Building social tables in the tradition of Gregory King, we develop new estimates suggesting that between 1774 and 1800 American incomes fell in real per capita terms. The colonial South was richer than the North at the start, but was already beginning to lose its income lead by 1800. We also find that free American colonists had much more equal incomes than did households in England and Wales. The colonists had greater purchasing power than their English counterparts over all of the income ranks except in the top percent.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e369f256a06ad1887b224d954dfb58a8 https://doi.org/10.1017/s0022050713000594 Zobrazit plný text záznamu