Princes and Merchants: European City Growth before the Industrial Revolution*

نویسنده

  • J. Bradford De Long
چکیده

As measured by the pace of city growth in western Europe from 1000 to 1800, absolutist monarchs stunted the growth of commerce and industry. A region ruled by an absolutist prince saw its total urban population shrink by one hundred thousand people per century relative to a region without absolutist government. This might be explained by higher rates of taxation under revenue-maximizing absolutist governments than under nonabsolutist governments, which care more about general economic prosperity and less about State revenue. *We thank Alberto Alesina, Marco Becht, Claudia Goldin, Carol Heim, Larry Katz, Paul Krugman, Michael Kremer, Robert Putnam, and Robert Waldmann for helpful discussions. We also wish to thank the National Bureau of Economic Research, and the National Science Foundation for support.

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تاریخ انتشار 1992