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The growth and composition of imperial Austria’s fixed capital stock: new annual time series for 1870-1913

Schulze, Max-Stephan (2008) The growth and composition of imperial Austria’s fixed capital stock: new annual time series for 1870-1913. Economies et Societes, 39. pp. 1597-1614. ISSN 0013-0567

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Abstract

Research into the origins of economic growth in the late nineteenth century Habsburg Empire has so far suffered from a lack of evidence on the evolution of the capital stock. This paper documents new annual estimates of the gross domestic fixed capital stock in imperial Austria, distinguishing between buildings (residential, agricultural, commercial, public), infrastructure (railway tracks, roads), vehicles (railway rolling stock, ships) and machinery. The evidence shows that capital stock growth in late nineteenth century Austria was significantly slower than in Hungary, her partner in the Habsburg customs union, and in Germany.

Item Type: Article
Official URL: http://www.ismea.org/ismea/ecosoc.html
Additional Information: © 2008 Institut des Sciences Mathématiques et Économiques Appliquées
Divisions: Economic History
Subjects: H Social Sciences > HC Economic History and Conditions
JEL classification: N - Economic History > N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations > N13 - Europe: Pre-1913
Date Deposited: 10 Feb 2011 16:25
Last Modified: 15 Sep 2023 13:40
URI: http://eprints.lse.ac.uk/id/eprint/32464

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