Showing 1 - 10 of 742
peripheral industrialization stretch into the late 19th century, the high point of peripheral industrialization was the 1950 …-1973 period, which saw widespread import- substituting industrialization. This period was also the high point of unconditional …
Persistent link: https://www.econbiz.de/10013103787
were adopted by an ever growing number of industries, industrialization became concentrated in cities throughout the …
Persistent link: https://www.econbiz.de/10012780067
Why did the country that borrowed the most industrialize first? Earlier research has viewed the explosion of debt in 18th century Britain as either detrimental, or as neutral for economic growth. In this paper, we argue instead that Britain's borrowing boom was beneficial. The massive issuance...
Persistent link: https://www.econbiz.de/10013020642
Using a panel data set of county-level employment in machinery, electrical machinery, primary metals, transportation, and instruments, this paper analyzes the role of dynamic externalities for individual industries. Key issues examined include the role of externalities from own industry...
Persistent link: https://www.econbiz.de/10013224847
There are two views of the British Industrial Revolution in the literature today. The more traditional description, represented by the views of Ashton and Landes, sees the Industrial Revolution as a broad change in the British economy and society. This broad view of the Industrial Revolution has...
Persistent link: https://www.econbiz.de/10013237966
Industrialization and urbanization are seen as interdependent processes of modern economic development. However, the … power source by manufacturers during industrialization contributed to urbanization. While the data indicate that steam …
Persistent link: https://www.econbiz.de/10013247211
During the Second Industrial Revolution, 1860-1900, many new technologies, including electricity, were invented. These inventions launched a transition to a new economy, a period of about 70 years of ongoing, rapid technical change. After this revolution began, however, several decades passed...
Persistent link: https://www.econbiz.de/10013212571
We construct a simple model where political elites may block technological and institutional development, because of a 'political replacement effect'. Innovations often erode elites' incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political elites...
Persistent link: https://www.econbiz.de/10013246644
This paper analyses the general incorporation statutes for manufacturing firms adopted by the American states up to 1860. Prior to the enactment of a general law, a business could only incorporate by obtaining a special act of their state legislature; general statutes facilitated incorporation...
Persistent link: https://www.econbiz.de/10013022170
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 …
Persistent link: https://www.econbiz.de/10012772451