Kapitaalvorming in infrastructuur in Nederland, 1800-1913

In the nineteenth century, the Dutch economy underwent a transition from a stagnant mercantilist system to a dynamic system of production, based on industry and modern services. Thepaththis transformation took, and its exact timing are not yet fully understood. In this study, I investigated two probable determinants of the process, namely capital formation, and infrastructure. The central question had the following two elements: (1) “What was the annual value of capital formation and the capital stock in infrastructure in the Netherlands in the period 1800-1913”; and: (2) “Which were the macroeconomic consequences of this?”