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Income and its distribution in preindustrial Poland
- Source :
- Cliometrica; 11(3), pp 375-404 (2017), Cliometrica, 11(3). Springer Verlag
- Publisher :
- Springer Nature
-
Abstract
- This article presents per capita GDP and income distribution estimates for preindustrial Poland. It is based on a social table for the Voivodeship of Cracow in 1578. Our evidence indicates that income in Poland was distributed more equally than in contemporary Holland. However, the extraction rate was much higher than in the North Sea area. Furthermore, income inequality in the countryside of the Voivodeship was higher than inequality in Cracow. This can be explained by the demesne economy based on serfdom that was prevalent in agriculture. Using trends in real wages and urbanisation, we also project Polish GDP forwards and backwards in time. Our results indicate that Polish per capita GDP was below that of Western Europe as early as the fifteenth century. This gap persisted despite moderate growth of the Polish economy in the sixteenth century. In the seventeenth century, Poland impoverished and became even poorer than Asian economies for which similar estimates are available. Poland recovered slightly in the eighteenth century but continued to lag behind Western Europe.
- Subjects :
- Economics and Econometrics
History
Inequality
060106 history of social sciences
media_common.quotation_subject
Distribution (economics)
Gross domestic product
GDP
Economic inequality
Income distribution
0502 economics and business
Development economics
Serfdom
Economics
0601 history and archaeology
050207 economics
Income inequality
Real wages
media_common
Economic History
business.industry
Demesne
05 social sciences
Long-term economic growth
06 humanities and the arts
Demographic economics
Poland
business
Subjects
Details
- Language :
- English
- ISSN :
- 18632505 and 18632513
- Database :
- OpenAIRE
- Journal :
- Cliometrica
- Accession number :
- edsair.doi.dedup.....4e9b2a8b9b33bcfc3b33736d522f6a7d
- Full Text :
- https://doi.org/10.1007/s11698-016-0154-5