DOAJ Open Access 2021

Economic growth, nutrition and living standards in 19th century Lima: new estimates of welfare ratios using a linear programming model

Luis Felipe Zegarra

Abstrak

This study relies on a linear programming model to estimate welfare ratios in 19th century Lima. By using a linear programming model, the food basket guarantees the intake of basic nutrients at the minimum cost. The subsistence cost includes the cost of food and other basic needs. The estimates show that low-skilled workers in Lima were able to cover their basic needs in 1800-1875. The results also show that living standards of low-skilled workers declined during the Guano Era. Living standards in Lima, however, compared favorably to several cities in Europe.

Penulis (1)

L

Luis Felipe Zegarra

Format Sitasi

Zegarra, L.F. (2021). Economic growth, nutrition and living standards in 19th century Lima: new estimates of welfare ratios using a linear programming model. https://doi.org/10.18232/alhe.1215

Akses Cepat

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Informasi Jurnal
Tahun Terbit
2021
Sumber Database
DOAJ
DOI
10.18232/alhe.1215
Akses
Open Access ✓