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Education and Industrialization in Prussia
Edwards, Jeremy - 2013
Prussian industrialization and finds it unwarranted. The econometric analysis on which this claim is based suffers from severe …
Persistent link: https://www.econbiz.de/10013087285
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The Great Divergence : A Network Approach
Lindner, Ines - 2016
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period...
Persistent link: https://www.econbiz.de/10013001168
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Industrialisation and the Big Push in a Global Economy
Kreickemeier, Udo - 2017
In their famous paper on the “Big Push”, Murphy, Shleifer, and Vishny (1989) show how the combination of increasing returns to scale at the firm level and pecuniary externalities can give rise to a poverty trap, thereby formalising an old idea due to Rosenstein-Rodan (1943). We develop in...
Persistent link: https://www.econbiz.de/10012954362
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Capital-Skill Complementarity and the Emergence of Labor Emancipation
Ashraf, Quamrul H. - 2017
plausibly exogenous source of variation in early industrialization across regions of nineteenth-century Prussia, capital …
Persistent link: https://www.econbiz.de/10012956802
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East Side Story : Historical Pollution and Persistent Neighborhood Sorting
Heblich, Stephan - 2016
Why are the East sides of former industrial cities like London or New York poorer and more deprived? We argue that this observation is the most visible consequence of the historically unequal distribution of air pollutants across neighborhoods. In this paper, we geo-locate nearly 5,000...
Persistent link: https://www.econbiz.de/10012977555
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The Complementary between Technology and Human Capital in the Early Phase of Industrialization
Franck, Raphael - 2016
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional … views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human …
Persistent link: https://www.econbiz.de/10013003523
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Banking and Industrialization
Heblich, Stephan - 2015
We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...
Persistent link: https://www.econbiz.de/10013014356
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Transportation Costs and the Great Divergence
Azarnert, Leonid V. - 2014
This work shows the asymmetric effect of the reduction in transportation costs across different sectors in the process of the Great Divergence. Specifically, the analysis indicates that reductions in transportation costs of industrial goods enhance convergence of the growth rates of trading...
Persistent link: https://www.econbiz.de/10013054015
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Malthus and the Industrial Revolution : Evidence from a Time-Varying VAR
Rathke, Alexander - 2014
In the process of economic development economies grow through various regimes, each characterized by different demographic-economic interactions. The changes in these interactions are key elements in different explanations of the escape from Malthusian stagnation. We employ time-varying vector...
Persistent link: https://www.econbiz.de/10013056835
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Is Industrialization Conducive to Long-Run Prosperity?
Franck, Raphael - 2015
This research explores the long-run effect of industrialization on the process of development. In contrast to … subsequent decades. Nevertheless, early industrialization had an adverse effect on income per capita, employment and equality by … that the characteristics that permitted the onset of industrialization, rather than the adoption of industrial technology …
Persistent link: https://www.econbiz.de/10013021750