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Human Capital and Industrialization : Evidence from the Age of Enlightenment
Squicciarini, Mara P. - 2014
) from upper-tail knowledge. As a proxy for the historical presence of knowledge elites, we use city-level subscriptions to … after the onset of French industrialization. Alternative measures of development such as soldier height, disposable income … firm survey from the 1840s, we shed light on the mechanism: upper-tail knowledge raised productivity in innovative …
Persistent link: https://www.econbiz.de/10012458447
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Trade and the Diffusion of the Industrial Revolution
Lucas, Robert E, Jr - 2007
A model is proposed to describe the evolution of real GDPs in the world economy that is intended to apply to all open economies. The five parameters of the model are calibrated using the Sachs-Warner definition of openness and time-series and cross-section data on incomes and other variables...
Persistent link: https://www.econbiz.de/10012465364
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The Transition to a New Economy After the Second Industrial Revolution
Atkeson, Andrew - 2001
During the Second Industrial Revolution, 1860-1900, many new technologies, including electricity, were invented. These inventions launched a transition to a new economy, a period of about 70 years of ongoing, rapid technical change. After this revolution began, however, several decades passed...
Persistent link: https://www.econbiz.de/10012470039
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Externalities and Industrial Development
Henderson, J. Vernon - 1994
Using a panel data set of county-level employment in machinery, electrical machinery, primary metals, transportation, and instruments, this paper analyzes the role of dynamic externalities for individual industries. Key issues examined include the role of externalities from own industry...
Persistent link: https://www.econbiz.de/10012474195
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Industrial Policy and the Great Divergence
Juhász, Réka; Steinwender, Claudia - National Bureau of Economic Research - 2023
, primarily, but not exclusively, fostering industrialization. We discuss the thin, but growing literature that evaluates the …
Persistent link: https://www.econbiz.de/10014372493
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The Tyranny of Numbers : Confronting the Statistical Realities of the East Asian Growth Experience
Young, Alwyn - 1994
This paper documents the fundamental role played by factor accumulation in explaining the extraordinary postwar growth of Hong Kong, Singapore, South Korea and Taiwan. Participation rates, educational levels and (with the exception of Hong Kong) investment rates have risen rapidly in all four...
Persistent link: https://www.econbiz.de/10012474252
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The Plant-Level View of an Industrial Policy : The Korean Heavy Industry Drive of 1973
Kim, Minho; Lee, Munseob; Shin, Yongseok - National Bureau of Economic Research - 2021
Does industrial policy work? This is a subject of long-standing debates among economists and policymakers. Using newly digitized microdata, we evaluate the Korean government's policy that promoted heavy and chemical industries between 1973 and 1979 by cutting taxes and building new industrial...
Persistent link: https://www.econbiz.de/10012629472
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The Long-Term Effects of Industrial Policy
Choi, Jaedo; Levchenko, Andrei A. - National Bureau of Economic Research - 2021
This paper provides causal evidence of the impact of industrial policy on firms' long-term performance and quantifies industrial policy's long-term welfare effects. Using a natural experiment and unique historical data during the Heavy and Chemical Industry (HCI) Drive in South Korea, we find...
Persistent link: https://www.econbiz.de/10012629483
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Government Interventions and Productivity Growth in Korean ManufacturingIndustries
Lee, Jong-Wha - 1995
This paper investigates the impact of government industrial policy and trade protection of the manufacturing sector in Korea. Empirical results are provided, using 4-period panel data for the years 1963-83, for 38 Korean industries in which trade protection reduced growth rates of labor...
Persistent link: https://www.econbiz.de/10012473829
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The cumulation of economic knowledge
Burns, Arthur F. - 1948
Persistent link: https://www.econbiz.de/10001562754