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During the Industrial Revolution technological progress and innovation became the main drivers of economic growth. But why was Britain the technological leader? We argue that one hitherto little recognized British advantage was the supply of highly skilled, mechanically able craftsmen who were...
Persistent link: https://www.econbiz.de/10013068131
Economics and history both strive to understand causation: economics using instrumental variables econometrics and …
Persistent link: https://www.econbiz.de/10013131513
-purpose publication with highly disparate content. Over time the economics profession expanded and more economics research was produced …
Persistent link: https://www.econbiz.de/10013139146
In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is … and foibles to show they are human! I contrast the general view of the role of economics in Grand Pursuit with Robert …
Persistent link: https://www.econbiz.de/10013118245
In the United States today the academic field of economic history is much closer to economics than it is to history in … terms of professional behavior, a stylized fact that I call the “integration of economic history into economics”. I document … history and economics; and publication histories of successive cohorts of PhDs in the first decade since receiving the …
Persistent link: https://www.econbiz.de/10012953510
-authored than articles published in leading general economics journals. However, in both economic history and general economics …-authored papers. Economics and economic history differ in the nature of collaboration, in that co-authorships in economic history are … more likely to be formed of individuals of different seniority as compared to economics generally …
Persistent link: https://www.econbiz.de/10012956378
I reflect on the role of modern economic history in economics. I document a substantial increase in the percentage of … past has contributed to economics by providing ground to test economic theory, improve economic policy, understand economic … those of other economists in the economics job market. I speculate how the increase in availability of high quality micro …
Persistent link: https://www.econbiz.de/10013013914
The analysis of historical natural experiments has profoundly impacted economics research across fields. We trace the …
Persistent link: https://www.econbiz.de/10014101688
Between 1800 and 1860, the United States became the preeminent world supplier of cotton as output increased sixty-fold. Technological changes, including the introduction of improved cotton varieties, contributed significantly to this growth. Measured output per worker in the cotton sector rose...
Persistent link: https://www.econbiz.de/10013136562
Patent pools allow a group of firms to combine their patents as if they were a single firm. Theoretical models predict that pools encourage innovation in pool technologies, albeit at the cost of innovation in substitutes. Empirical evidence is scarce because modern pools are too recent to allow...
Persistent link: https://www.econbiz.de/10013067179