Showing 1 - 10 of 36
Gutenberg's printing press was the great revolution in Renaissance information technology. This paper presents new evidence on media markets, knowledge transmission, and city growth across Europe 1450-1600. The paper construct- s comprehensive firm-level panel data on the number and subjects of...
Persistent link: https://www.econbiz.de/10010745227
In this paper the author argues that urbanisation should be understood as a global historical process driven primarily by population dynamics stimulated by technological and institutional change. In particular, disease control and expanded access to surplus energy supplies are necessary and...
Persistent link: https://www.econbiz.de/10010745499
As the first to use an archival data set on historical land values in Berlin, Germany, from 1890 to 1936, we investigate the impact of the rapid transport system on urban decentralization, using comparative statics of classical rent theory as a benchmark. We find that the monocentric model...
Persistent link: https://www.econbiz.de/10010745642
We assess the extent to which firms in an environment of decreasing transport costs and industrial transformation value the benefits of proximity to a historic CBD and agglomeration economies in their location decisions. Taking a hybrid perspective of classical bid-rent theory and a world where...
Persistent link: https://www.econbiz.de/10011126042
This article introduces our project on the relationship between railways and real income levels across European regions between 1870 and 1910. While similar relationships have been analysed for the USA, India and individual European countries, our project is the first to take a pan-European...
Persistent link: https://www.econbiz.de/10011126372
This paper discusses the key hypotheses which Joseph Stiglitz proposed, in his wide-ranging critique of the ''Washington Consensus'', with regard to transition reforms and economic polices in China and Russia. The primary purpose is to evaluate the Stiglitz perspective in the light of empirical...
Persistent link: https://www.econbiz.de/10010746597
This paper presents a historical database on educational attainment in 74 countries for the period 1870-2010, using perpetual inventory methods before 1960 and then the Cohen and Soto (2007) database. The correlation between the two sets of average years of schooling in 1960 is equal to 0.96. We...
Persistent link: https://www.econbiz.de/10010745413
This paper is the first empirical framework that explains the phenomenon of fast growth combined with the demographic transition occurring in the United States since 1860. I propose a structural model that unifies those events through the role of education: the key feature is that parental...
Persistent link: https://www.econbiz.de/10010745817
We model a two-region country where value is created through bilateral production between masses and elites (bourgeois and landowners). Industrialization requires the elites to finance schools and the masses to attend them. Schooling raises productivity, particularly for matches between masses...
Persistent link: https://www.econbiz.de/10011183324
The recent work on misallocation argues that aggregate productivity in poor countries is low because various market frictions prevent marginal products from being equalized. By focusing on such allocative inefficiencies, misallocation is construed as a purely static phenomenon. This paper argues...
Persistent link: https://www.econbiz.de/10010884565