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The worldwide economic impact of the Revolutionary and Napoleonic Wars
Content Provider | Library of Congress - Books/Printed Material |
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Author | O'Rourke, Kevin H. |
Spatial Coverage | Europe United States |
Temporal Coverage | 2005 |
Copyright Year | 2005 |
Abstract | "The paper provides a comparative history of the economic impact of the Revolutionary and Napoleonic Wars. By focussing on the relative price evidence, it is possible to show that the conflict had major economic effects around the world. Britain's control of the seas meant that it was much less affected than other nations, such as France and the United States. Explicit welfare calculations are provided for four countries, Britain, France, Sweden and the United States. Welfare losses were largest in the US, where they were of the order of 5-6% per annum; by contrast, they lay between 3-4% per annum in France, and between 1.7-1.8% per annum in Britain. On the other hand, the conflict helped pave the way for the more liberal international economic environment of the long 19th century"--National Bureau of Economic Research web site. |
Language | English |
Publisher | National Bureau of Economic Research |
Publisher Place | Cambridge, MA |
Part of Series | Catalog |
Requires | HTML5 supported browser |
Access Restriction | Open |
Subject Keyword | Economic Aspects Europe Napoleonic Wars United States |
Subject Domain (in LCSH) | Napoleonic Wars, 1800-1815--Economic aspects--Europe |
Subject Domain (in LCSH) | Napoleonic Wars, 1800-1815--Economic aspects--United States |
Subject Domain (in LCC) | HB1 |
Content Type | Text |
Resource Type | Book |