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We analyze factors explaining the very different patterns of industrialization across the 42 counties of England between 1760 and 1830. Against the widespread view that high wages and cheap coal drove industrialization, we find that industrialization was restricted to low wage areas, while...
Persistent link: https://www.econbiz.de/10011373582
Sustained economic growth in England can be traced back to the early seventeenth century. That earlier growth, albeit modest, both generated and was sustained by a demographic regime that entailed relatively high wages, and by an increasing endowment of human capital in the form of a relatively...
Persistent link: https://www.econbiz.de/10010426561
Squicciarini (AER, 2020) finds that the parts of France with the most refractory clergy during the Revolution had the lowest industrial employment in 1901, and concludes that Catholicism retarded development. However, because the richest regions were the ones that industrialized, whereas the...
Persistent link: https://www.econbiz.de/10012592171