Showing 1 - 8 of 8
, primarily, but not exclusively, fostering industrialization. We discuss the thin, but growing literature that evaluates the …
Persistent link: https://www.econbiz.de/10014372493
What drives change in a society's values? From Marx to modernization theory, scholars have identified a connection between structural transformation and social change. To understand how changes in a society's dominant mode of production affect its dominant values, we examine the case of the...
Persistent link: https://www.econbiz.de/10014372465
Why was the Industrial Revolution successful at generating sustained growth? Some have argued that there was a fundamental change in the way that new technology was developed during this period, but evidence for this argument remains largely anecdotal. This paper provides direct quantitative...
Persistent link: https://www.econbiz.de/10012938720
likely for other economies that experienced historical industrialization and urbanization …
Persistent link: https://www.econbiz.de/10012496151
We study the joint process of urbanization and industrialization in the US economy between 1880 and 1940. We show that … only a small share of aggregate industrialization is accounted for by the relocation of workers from remote rural areas to … transforming their sectoral structure. Most industrialization within counties occurred through the emergence of new "factory …
Persistent link: https://www.econbiz.de/10013537768
shifting away from their sector of specialization, rural labor markets saw faster wage growth and industrialization than non …
Persistent link: https://www.econbiz.de/10013388845
The last two centuries witnessed the rise and fall of empires. We construct a model which rationalises this in terms of the changing trade gains from empires. In the model, empires are arrangements that reduce trade cost between an industrial metropole and the agricultural periphery. During...
Persistent link: https://www.econbiz.de/10013334512
David Ricardo initially believed machinery would help workers but revised his opinion, likely based on the impact of automation in the textile industry. Despite cotton textiles becoming one of the largest sectors in the British economy, real wages for cotton weavers did not rise for decades. As...
Persistent link: https://www.econbiz.de/10014544695