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http://ssrn.com/abstract=1096744
 
 

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Fiscal Crisis and Institutional Change in the Ottoman Empire and France


Eliana Balla


Federal Reserve Banks - Federal Reserve Bank of Richmond

Noel D. Johnson


George Mason University - Department of Economics; George Mason University - Mercatus Center

February 19, 2008

The Journal of Economic History, Vol. 69, pp. 809-845, 2009

Abstract:     
Why is it that some countries adopted growth enhancing institutions earlier than others during the early-modern period? We address this question through a comparative study of the evolution of French and Ottoman fiscal institutions. During the sixteenth century both countries made extensive use of tax farming to collect revenue, however, uncertain property rights caused by fiscal pressure led to different paths of institutional change in each state. In France, tax collectors successfully overcame the collective action costs of imposing constraint on the king. In the Ottoman Empire, tax collectors faced prohibitive transaction costs to organizing in a similar manner.

Keywords: Tax Farming, Economic History, Early-Modern France, Ottoman Empire

JEL Classification: N40, P48, H11

Accepted Paper Series


Not Available For Download

Date posted: February 24, 2008 ; Last revised: March 20, 2012

Suggested Citation

Balla, Eliana and Johnson, Noel D., Fiscal Crisis and Institutional Change in the Ottoman Empire and France (February 19, 2008). The Journal of Economic History, Vol. 69, pp. 809-845, 2009. Available at SSRN: http://ssrn.com/abstract=1096744 or http://dx.doi.org/10.2139/ssrn.1096744

Contact Information

Eliana Balla
Federal Reserve Banks - Federal Reserve Bank of Richmond ( email )
P.O. Box 27622
Richmond, VA 23261
United States
Noel D. Johnson (Contact Author)
George Mason University - Department of Economics ( email )
4400 University Drive
Fairfax, VA 22030
United States
George Mason University - Mercatus Center
3434 Washington Blvd., 4th Floor
Arlington, VA 22201
United States
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