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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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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
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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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Structural Change, Urban Congestion, and the End of Growth
Grossmann, Volker - 2011
This paper develops a two-sector R&D-based growth model with congestion effects from increasing urban population density. We show that endogenous technological progress causes structural change if there are positive productivity spillovers from the modern to the traditional sector and Engel's...
Persistent link: https://www.econbiz.de/10013118683
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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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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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Catch Me If You Can - Education and Catch-Up in the Industrial Revolution
Becker, Sascha O.; Hornung, Erik; Woessmann, Ludger - 2021
industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the …
Persistent link: https://www.econbiz.de/10013316306
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Subsidizing National Champions : An Evolutionary Perspective
Aubert, Cecile - 2008
A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10012770493
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Subsidizing National Champions: An Evolutionary Perspective
Aubert, Cécile; Falck, Oliver; Heblich, Stephan - CESifo - 2008
A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10005094474