REGROWTH · How a Nation is Born: Reconstructing Four Centuries of Brazilian Economic Growth
Horizon 2020 — Marie Skłodowska-Curie Actions
- Duration
- 2022-09-01 → 2024-08-31
- EU contribution
- €159,815
- Participants
- 1
- Scheme
- MSCA-IF
Lines connect the coordinator with its partners.
Results in brief
How a Nation is Born: Reconstructing Four Centuries of Brazilian Economic Growth
The problem addressed by the project was to build the first-ever prices and wage series, and most importantly, internationally comparable real wages and GDP per capita series for Brazil for 350 years from the 16th century to the year of the first income census (1570–1920). In addition, we also focus on the impacts of the Atlantic slave trade on economic development. Employing modern causal inference techniques, we have provided the first causal estimate in the literature of the effect of the slave trade prohibition laws on wages and inequality. Understanding how a nation is born and tracing out its economic growth in the very long run, as we are doing for Brazil, is of fundamental importance for understanding how economic growth and price stability works in a historical perspective which can give us many insights for policy and securing an equitable, sustainable economic growth for the future generations.
Data: CORDIS, © European Union
Project objective
This project reconstructs series for Brazil’s population, prices, wages, welfare ratios, gross domestic product (GDP), and GDP per capita from the seventeenth century to 1920. This is the first reconstruction of consistent, annual population and economic series for this period and will change the understanding that we have today of Brazil’s historical economic growth. This project will be conducted at the Institute of Social Sciences (ICS) of the University of Lisbon, under the supervision of Nuno Palma, with Jaime Reis as a member of the board. Long-run GDP per capita series are central to economic growth research, to test competing hypotheses about why nations grow and decline, and for main debates in comparative historical development, such as the great divergence and the colonial origins debates. Until today, however, Brazil has been excluded from these areas of research. This project intends to bridge this gap using known figures in the literature, recently digitized archival sources, and novel archival research in the Overseas Historical Archive and the Torre do Tombo National Archive in Portugal. In addition to providing the first series of four centuries of Brazilian economic growth, it will contribute to a number of debates in the specialized and interdisciplinary literatures and generate open-access databases with the reconstructed time series.
Original text from CORDIS.
Participants
- INSTITUTO DE CIENCIAS SOCIAIS · LISBOACoordinatorPortugal
Links
Data: CORDIS, © European Union