Was Ecomomic Growth Likely in Colonial British North America?
传统观点认为英属北美殖民地人均产出年增长0.3%-0.6%,但本文提出质疑,认为实际增长率可能接近零,并指出需纳入美洲原住民经济活动才能解释此前研究结果。
Conventional wisdom holds that output per capita in colonial British America increased between 0.3 and 0.6 percent per year. Our conjectural estimates challenge this view, suggesting instead that such growth was unlikely. We show that the most likely rate of economic growth was much lower, probably close to zero. We argue further that to understand the performance of the colonial economy it is necessary to include the economic activity of Native American Indians. When this is done, we estimate that the economy may have grown at the rate suggested by previous researchers.