AUSTRALASIAN ECONOMIC HISTORY: RESEARCH CHALLENGES AND BIG QUESTIONS

This paper reports a debate on the 'big questions' and 'research challenges' facing economic history in Australia and New Zealand. Noting the changes in research direction that occurred in the discipline over the past 50 years, and the resource challenges it currently faces, it identifies many areas of potentially fruitful research. These include the environment, market regulation and industry development, the interaction of peoples and culture, and the examination of units other than the national economy. While there is potential for exciting and diverse research, an immediate challenge is the training of the next generation of economic historians.     

URBAN HISTORY AND THE FUTURE OF AUSTRALIAN CITIES

Urban growth is a major theme in economic development and a policy imperative for developed countries that seek to create sustainable cities. We argue that the past weighs heavily on the ability of societies to sustainably manage urban environments. The policy implications of urban history are revealed in comparisons of cities across times and between places. The special issue presents some of the best recent work on the economic and social history of Australian cities. We aim to encourage historians to incorporate urban variables into studies of historical processes and to persuade policymakers to consider historical trends in their analysis.     

Introduction

Abstract

The Scandinavian Economic History Review was started 50 years ago in 1952 albeit the first issue did not appear until the summer of 1953. Professor Ernst Söder-lund of the University of Stockholm was the initiator and first editor of the journal. According to Söderlund's words in the first issue: “The Scandinavian Economic History Review has a dual purpose to fulfill: the publication of the research of Scandinavian historians and that of other historians whose subjects lie within the field of Scandinavian economic and social history. Despite the difficulties inherent in the presentation of material concerned with local and national institutions for which there are no foreign counterparts and for which-the terminology of a foreign language is understandably deficient, we regard the international nature of social and economic history as a sufficient reason for attempting the publication of this journal in an international language.”¹     

Is Swedish research in economic history internationally integrated?

Abstract

This paper presents empirical evidence of the international integration of Swedish economic historians. Contrary to the claims of a recent national evaluation of the discipline, the Swedish shares of international publications and conference presentations are robustly below available cross-country and cross-discipline benchmarks. Also considering levels of research inputs, the relative underperformance of the Swedish field is alarming. Four main explanations to this situation are forwarded: 1) being among the largest economic history communities in the world, Sweden has become self-sufficient and almost independent of the international arena; 2) the dominating research language is Swedish; 3) the dominating publication format is the monograph (in Swedish); and 4) Swedish economic historians are reluctant to use modern economic theories and statistical analysis to complement the traditionally dominant qualitative research methods.     

AUSTRALIAN IMMIGRATION ARCHIVES AS SOURCES FOR BUSINESS AND ECONOMIC HISTORY

The administration and control of immigration to Australian during the twentieth century produced a huge archive of records of individual migrants that have potential for innovative approaches to the business and economic history of ethnic minority groups. This article describes some of these records, which have mostly been used by amateur family historians, focused on those related to Chinese immigrants before the World War II and Southern Europeans immigrants after 1945. The article gives examples of how these records can be used, suggests potential research projects, and discusses briefly some of the guides available. Several images of these archival documents are reproduced.     

Accounting History in Australia: A Survey of Published Works, 1975–99

Research in accounting history has expanded significantly in recent years. This paper reviews the recent development of accounting history in Australia through an examination of the relevant literature while recognizing the wider influence of Australian scholars in the international community of accounting historians. The survey is confined to works on Australian accounting history published in the period of 25 years between 1975 and 1999. These works are discussed using the literature classification framework provided by Carnegie and Napier (1996). Reviewing the literature in this way is expected to be of benefit to historians in general, particularly economic and business historians, and also accounting historians, while future directions for accounting history research in Australia are outlined following a brief critique of the literature examined.     

Between micro and macro — what economic history can learn from modern economics

Abstract

The aim of this paper is to discuss the role of economic history to modern economic theory. Taking my point of departure from the division that still haunts economic history — between micro and macro approaches — the paper argues that economic theory today is significantly different from what it was only twenty or thirty years ago. Hence, for example, the division between micro and macro has been upset in modern economics. Also the development of institutional economics, the use of concepts like “bounded rationality” or “path dependence” makes it necessary for economic historians to learn from and confront modern economic theorizing. Many economic historians criticise a version of (neo-classical) economics) that belongs rather to the past than to the present.     

Research into the distribution of prosperity. A Danish comment on some Swedish contributions

Abstract

Economic historians studying the very recent past have in the 19505 and 1960s to a large extent chosen to deal with problems connected with economic growth. This is doubtless explained by the pattem of development in Westem economies where govemments showed themselves capable of bringing productive capacity and demand so closely into balance that unemployment was reduced to a fraction of its interwar level. The whole problem of distribution—who should bear how much of the consequences of unemployment and of the other defects of society—accordingly became a secondary consideration in economic and political debate. In its place there was growing interest in how rapidly productive capacity could be raised, and the total amount of goods and services available to the public thus increased. This interest was undoubtedly stimulated by the successful industrialisation of the Soviet Union in the 1930s, the liberation of the colonies after the Second World War, and the growth of intemational communications, all emphasising the problem of what determines vigorous and widespread expansion in national production. Many economic historians in Scandinavia and elsewhere were influenced by economists such as Harrod and Demar, Cobb and Douglas, Kaldor, Solow and Rostow who attempted to answer the question. In both economics and economic history an increasing proportion of the available research capacity was devoted to projects connected with economic growth.     

USING AUTOBIOGRAPHIES IN BUSINESS HISTORY: A NARRATOLOGICAL ANALYSIS OF JULES JOUBERT'S SHAVINGS AND SCRAPES

Entrepreneur autobiographies provide business historians with the opportunity to connect storytelling and identity, topics that are now prominent in economic debate. Yet lingering concern about the subjectivity of life writing prevents wider use of autobiographies within business history. This article seeks to allay such concern by applying the narratological method to the colonial entrepreneur Jules Joubert's autobiography, Shavings and Scrapes. Joubert's narrative identity is as an ‘adventurer’. This identity shored up his self‐image and was used by him to enhance his reputation. Narratology shows that an autobiography can stabilise and publicise the colonial entrepreneur's narrative identity, thereby benefiting their business career.     

Clio en de computer Clio and the computer

Summary In this farewell address, delivered on the occasion of his retirement from the chair of economic history in the University of Amsterdam, the author deals with the movement among economic historians in the United States, called New Economic History. This movement is characterised by the endeavours to introduce new methods in economic historiography by making use of economic theory and statistics. Although the author agrees that there is room for a critical attitude as to the way in which economic history has so far mainly been studied, he is of opinion that the importance of the said movement should not be exaggerated. He draws attention to the fact that there is only room for applying theoretical models and econometrics as far as modern periods of economic growth are concerned. He also points out that the economic historian should not confine his investigations to measuring economic growth. Economic historians have also to deal with a number ofimponderabilia: social, cultural, religious, legal, psychological and other developments. In the third place the New Economic History is by no means as new as his adherents seem to think. The economists of the so-called Historical School have already extended more than a century ago their studies to historical developments. The study of the trade cycle, which can roughly been said to have been started in the twenties of the present century, is a remarkable example of a combination between economic history and economic theory. The change in the methods employed by economic historians has been already on the way for a considerable time. There is therefore no reason to call the application of the methods recommended by the adherents of the so-called New Economic History as a new phenomenon. The author agrees, however, with the view that there should be a closer collaboration between economic historians, economists and statisticians.tekst (bier en daar gewijzigd of aangevuld) van bet afscheidcollege, door mij op 29 September 1967 gegeven in de aula der Universiteit van Amsterdam.     

Collider bias in economic history research

Economic historians have long been aware of many forms of bias that could lead to spurious causal inferences. However, our approach to these biases has been muddled at times by dealing with each bias separately and by confusion about the sources of bias and how to mitigate them. This paper shows how the methodology of directed acyclical graphs (DAGs) formulated by Pearl (2009) and particularly the concept of collider bias can provide economic historians with a unified approach to managing a wide range of biases that can distort causal inference. I present ten examples of collider bias drawn from economic history research, focussing mainly on examples where the authors were able to overcome or mitigate the bias. Thus, the paper addresses how to diagnose collider bias and also strategies for managing it. The paper also shows that quasi-random experimental designs are rarely able to overcome collider bias. Although all of these biases were understood by economic historians before, conceptualising them as collider bias will improve economic historians’ understanding of the limitations of particular sources and help us develop better research designs in the future.     

Food, nutrition, and substitution in the late nineteenth century

Economic historians hypothesize that households in the nineteenth century substituted away from carbohydrates and fiber and towards protein and fat as their incomes rose. Anthropometric historians assert that there was increased nutrient intake without any nutritional substitution. I test these hypotheses using the 1888 Cost of Living Survey. I fail to reject the hypothesis that the income elasticity of fiber is greater than or equal to the income elasticities of protein, fat, or sugar—contrary to the nutritional substitution posited by economic historians. A food modified Engel curve reveals that the shares of carbohydrates, fat, and sugar in the diet vary with household income, but the shares of protein and fiber do not. I do find, however, that the share of protein from animal sources increases with household income. I also find that the diets of late nineteenth century industrial workers were surprisingly balanced by modern standards.     

Commodity prices in Copenhagen

Abstract

The publication of reliable statistical material relating to the history of prices is an exceedingly difficult task. An enormous amount of work has to be expended, first in tracing and collating information about prices, then in so arranging it as to form a yardstick for measuring the market value of a similar quantity and quality of a commodity over a long period of time. It is generally recognised by economic historians that the earliest work in this field was undertaken without a full appreciation of the difficulties, and that the conclusions drawn were not always based upon as detailed, comprehensive and critical a study of the sources as was really required. This is undoubtedly one of the reasons for the somewhat sceptical view which some present-day economic historians take of studies in the history of prices.     

The development of economic history in Norway

Abstract

It might be a matter of dispute whether economic history is today a subject in its own right in Norway, that is whether there is a significant body of historians who identify with one another and with the problems, techniques and assumptions of economic history. Economic history is not really formally established. In contrast to Denmark and Sweden, there are no departments of economic history in the universities. An important exception is the economic history department at the Norwegian School of Economics and Business Administration in Bergen. At Oslo University there has also been for some time a chair in “economic and social history” in the history department. At the new Norwegian School of Management in Oslo there is also about to be established a “Business History Unit”. Those working with economic history outside these institutions will normally be attached in some way to the history departments of other universities or to the university colleges (distrikts-høgskoler).     

Introduction

Abstract

During the past few years Scandinavian historians have felt a growing need for a journal of economic and social history in which the results of research and reviews of literature in these fields might be published. This need reflects an increasing interest in economic and social history in these countries. It is against this background that the publication of the first number of an inter-Scandinavian periodical for economic and social history should be seen.     

The Current State of Business History in Latin America

Business history in Latin America has seen significant growth in the past 25 years, most notably since the beginning of this century. Although the sub‐discipline benefitted from seminal studies by British and U.S. scholars, most works of note are currently produced by local scholars. Latin American business history holds great comparative potential for business historians in other parts of the world undertaking studies in the areas of emerging economies, business‐state relationships, the role of entrepreneurship, business groups, entrepreneurial families, and foreign investment and imperialism.     

Explorations’ contribution to the ‘Asian Century’

This paper very briefly surveys current research on Asian economic development, and also discusses several recent papers on the contributions of economic history to understanding development. I then review the contributions of the papers in this special volume of Explorations in light of these two literatures.     

Early inequality and industrialization: Introduction

Seeking to enrich our understanding of inequality movements, economic historians have used new data to illuminate the earlier darkness that Kuznets urged us to explore. To explore earlier worlds without income tax returns or modern household surveys, they have turned to non-income measures of purchasing power and well-being. The articles in this issue give a good sampling from this new wave of the economic history of inequality.     

Time for a Nordic business history initiative?

The current state of Nordic business history is by certain estimates better than ever. Nordic business historians publish extensively in leading international journals and have a strong presence at international business history conferences. Still, in this discussion article we raise a yellow flag of warning for the future of Nordic business history. We argue that the subject field is challenged along three important dimensions: (i) lack of relevant teaching, (ii) continued reliance on commissioned history and (iii) limited recruitment. The article discusses these challenges and seeks to place them in a historical perspective. For each challenge, we develop a set of concrete proposals to address the problems identified. A common theme in our proposed solutions is to intensify Nordic collaboration, particularly through the establishment of common, externally funded Nordic research projects. To create meeting grounds for the development of such projects, The Scandinavian Society for Economic and Social History – the formal collaborative body for Nordic economic historians and the owner of Scandinavian Economic History Review – should be reinvigorated.     

Social Networks in Economic History: Opportunities and Challenges

In this paper we survey the study of social networks and their application to economic history. We take the perspective of the applied researcher and focus on empirical methods, leaving out structural models and the literature on strategic network formation (games on networks). Our aim is to assist economic historians in identifying whether networks may be useful frameworks for their research agendas. We highlight the main challenges in using social network methods, namely, measurement error, data completeness, and the usual threats to identification of causal effects. We also review the burgeoning literature in economic history that applies network methods, organized along four main themes: markets, financial intermediation, politics and knowledge diffusion.