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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
The rise in national industry concentration in the US between 1977 and 2013 is driven by a new industrial revolution in three broad non-traded sectors: services, retail, and wholesale. Sectors where national concentration is rising have increased their share of employment, and the expansion is...
Persistent link: https://www.econbiz.de/10012479917
During Britain's industrialization, Parliament operated a forum where rights to land and resources could be reorganized …
Persistent link: https://www.econbiz.de/10012462955
, and the transition to skill-biased technological change. The simulated model tracks British industrialization in the 18th …
Persistent link: https://www.econbiz.de/10012464163
For two decades, the consensus explanation of the British Industrial Revolution has placed technological change and the supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations have placed an emphasis on the importance of trade...
Persistent link: https://www.econbiz.de/10012464570
, which are rooted in the nature of pre-industrial professions, become key determinants of success once industrialization …
Persistent link: https://www.econbiz.de/10012465739
According to conventional income measures, nineteenth century American and British industrial workers were two to four times as wealthy as poor people in developing countries today. Surprisingly, however, today's poor are less hungry than yesterday's wealthy industrial workers. I estimate the...
Persistent link: https://www.econbiz.de/10012466917
This paper reviews the evidence regarding the main trends in the height of the British population since the early eighteenth century. We argue that the average heights of successive birth cohorts of British males increased slowly between the middle of the eighteenth century and the first quarter...
Persistent link: https://www.econbiz.de/10012473296
There are two views of the British Industrial Revolution in the literature today. The more traditional description, represented by the views of Ashton and Landes, sees the Industrial Revolution as a broad change in the British economy and society. This broad view of the Industrial Revolution has...
Persistent link: https://www.econbiz.de/10012473390
industrialization. Even before widespread mechanization, American production was almost exclusively from centralized plants, whereas the …
Persistent link: https://www.econbiz.de/10012475168