security. We describe a model economy in which demographics, technology, and social security are linked together. We study an … economy with two locations (sectors), the farm (agricultural) and the city (industrial). The decision to migrate from rural to …. Furthermore, the level of social security is determined by majority voting. We show that a calibrated version of this economy is …

Industrialization experiences differ substantially across countries. We use a benchmark model of structural change to … countries can generate variation in industrialization experiences similar to those found in the data, including premature …

, and the transition to skill-biased technological change. The simulated model tracks British industrialization in the 18th …

A market-size-only theory of industrialization cannot explain why England developed nearly two centuries before China … factor suppliers' organizations such as craft guilds, industrialization no longer depends on market size, but on spatial …

Japan's successful industrialization in the late 19th and early 20th century largely exhausted its then abundant … resources curse that undermined its prior state-led industrialization strategy. Japan's post-WWII reconstruction relied little … industrialization …

provided. We test both hypotheses using calibrated general equilibrium models of the British economy and the rest of the world …

trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently …, modern economists argue that volatility reduces growth in the poor periphery. This paper assess these de-industrialization … divergence between core and periphery. Third, the boom and its de-industrialization impact was only part of the story; growth …

This research explores the effect of industrialization on the process of development. In contrast to conventional … steam engines across French departments during the early phases of industrialization, the research establishes that … intensive industrialization in the middle of the 19th century increased income per capita in the subsequent decades but …