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The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that in contrast to conventional wisdom that views early industrialization as a predominantly...
Persistent link: https://www.econbiz.de/10011309633
To analyze the impact of labor scarcity on technology adoption and innovation, this study uses the differential spread of cholera across France in 1832, 1849 and 1854, before the transmission mode of this disease was understood. The results suggest that a larger share of cholera deaths in the...
Persistent link: https://www.econbiz.de/10012801534