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Discussion Paper Details
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Title: Emigration during the French Revolution: Consequences in the Short and Longue Durée
Author(s): Raphaël Franck and Stelios Michalopoulos
Publication Date: January 2018
Keyword(s): Climate Shocks, Development, Elites, France and Revolution
Programme Area(s): Development Economics, Economic History and Macroeconomics and Growth
Abstract: During the French Revolution, more than 100,000 supporters of the Old Regime, fled France. Local elites in some departments were dramatically reduced, whereas in others the social structure remained largely unchanged. Instrumenting emigration with temperature shocks during an inflection point of the Revolution, the summer of 1792, we find that émigrés have a non-monotonic impact on comparative development. During the 19th century, the decline of landed elites in high-emigration regions led to the fragmentation of agricultural holdings, depressing labor productivity. Nevertheless, this facilitated the rise in human capital investments, leading to a reversal in economic performance during the 20th century.
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Bibliographic Reference
Franck, R and Michalopoulos, S. 2018. 'Emigration during the French Revolution: Consequences in the Short and Longue Durée'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=12573