Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/247035 
Year of Publication: 
2016
Series/Report no.: 
EHES Working Papers in Economic History No. 104
Publisher: 
European Historical Economics Society (EHES), s.l.
Abstract: 
We test various hypotheses about the causes of the Little Divergence, using new data and focusing on trends in GDP per capita and urbanization. We find evidence that confirms the hypothesis that human capital formation was the driver of growth, and that institutional changes (in particular the rise of active Parliaments) were closely related to economic growth. We also test for the role of religion (the spread of Protestantism): this has affected human capital formation, but does not in itself have an impact on growth.
Subjects: 
Europe
Economic growth
Little Divergence
Human capital formation
JEL: 
N13
N33
O40
O52
Document Type: 
Working Paper

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