Title
Economic growth, nutrition and living standards in 19th century Lima: new estimates of welfare ratios using a linear programming model
Date Issued
01 January 2021
Access level
open access
Resource Type
journal article
Publisher(s)
Instituto de Investigaciones Dr. Jose Maria Luis Mora
Abstract
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.
Volume
28
Issue
3
Language
English
OCDE Knowledge area
Economía
Subjects
Scopus EID
2-s2.0-85129277784
Source
America Latina en la Historia Economica
ISSN of the container
1405-2253
Sources of information:
Directorio de Producción Científica
Scopus