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, and the transition to skill-biased technological change. The simulated model tracks British industrialization in the 18th …
Persistent link: https://www.econbiz.de/10012758155
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
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
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
after the onset of French industrialization. Alternative measures of development such as soldier height, disposable income …
Persistent link: https://www.econbiz.de/10013052500
Using a large, individual-level wage data set, we examine the impact of a major technological innovation the steam … engine on skill demand and the wage structure in the merchant shipping industry. We find that the technical change created a … counterparts on sail. A wholesale switch from sail to steam would increase the 90/10 wage ratio by 40%, with most of the rise in …
Persistent link: https://www.econbiz.de/10013323445
This paper investigates the impact of unskilled workers' earnings on crime. Following the literature on wage inequality …
Persistent link: https://www.econbiz.de/10013118247
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