After some work over details and robustness checks, I am finally ready to present the final version of my estimates of Canadian GDP from 1688 to 1790. The article is available here on SSRN, the abstract is below:
This article provides the first estimate of per capita GDP for Quebec – the largest colony in Canada before 1790. It finds a modest rate of long-term economic growth in spite of frequent large war shocks and that the inhabitants were poorer than the Americans, the British, and the French, equally rich as the Mexicans and richer than the Peruvians. It also finds that income-based comparisons yield a different result than wage-comparisons between New World and Old World Economies.