stagnation in a traditional technology to industrialization and prosperity with a modern technology - be accelerated? Lewis (1954 …) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is … an open economy increases the rate of capital formation and speeds up the pace of industrialization relative to a closed …

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 …

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 …

plausibly exogenous source of variation in early industrialization across regions of nineteenth-century Prussia, capital …

, primarily, but not exclusively, fostering industrialization. We discuss the thin, but growing literature that evaluates the …