We propose a quantitative framework for the analysis of industrialization in which specialization in manufacturing or …

Prussian industrialization and finds it unwarranted. The econometric analysis on which this claim is based suffers from severe …

stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954 …) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is … an open economy increases the rate of capital formation and speeds up the pace of industrialization relative to a closed …

industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the …

The industrialization process of a country is often plagued by a failure to coordinate investment decisions. Using the …