Pessimists and Optimists Facing the Mining «Boom»

Authors

  • Antonio Escudero Universidad de Alicante

DOI:

https://doi.org/10.1344/rhi.v0i10.18365

Abstract

This paper has three parts. In the first part of it I explain the reasons for the Spanish mining sector «boom» between 1870 and the First World War. In the second part of the paper I summarize the debate that the «optimistic» and «pessimistic» interpretations had maintained in relation to the importance of the mining sector to explain the slowness of the Spanish economy. Finally, I give empirical evidence that support the «pessimistic» hypothesis, and I criticize that the counterfactual arguments of the optimistic interpretation are not fully demonstrable. As an alternative way, I therefore propose to use the method of comparative history cases.

Published

2017-04-27

Issue

Section

Articles