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The British industrial revolution created an industrial economy. While casual discourse conflates industrialization and economic growth, Britain was remarkable primarily for the pronounced structural change that occurred rather than for rapid economic growth. Uniquely the British labour force...
Persistent link: https://www.econbiz.de/10005870698
A significant but uneven spurt of industrialization started in China during the first three decades of the 20th century at a time of political instability and national disintegration. This article argues that economic growth during this period was closely associated with the rise and expansion...
Persistent link: https://www.econbiz.de/10005870789
The usual way to evaluate the implications of new technology for economic growth is through growth accounting techniques. This methodology has, of course, been widely employed to examine the impact of information and communications technology (ICT) and the results have dominated thinking on the...
Persistent link: https://www.econbiz.de/10005870950