Monthly Archives: October 2015

Lies, Damn Lies, and Argentine Industrial Output

An estimate of Argentine industrial output from the 1870s to 1913 illustrates a problem with the New Economic History.

The ‘New Economic History’ has sought to transform the study of history by applying econometric techniques to the past. As such, it has greatly increased the demand for historical statistics. The problem has been the supply, as there simply are not enough good quality data to apply econometric techniques to historical issues.

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