Showing 1 - 10 of 203
This paper documents the fundamental role played by factor accumulation in explaining the extraordinary postwar growth of Hong Kong, Singapore, South Korea and Taiwan. Participation rates, educational levels and (with the exception of Hong Kong) investment rates have risen rapidly in all four...
Persistent link: https://www.econbiz.de/10012474252
An unresolved question concerning post-Civil War U.S. industrialization is the degree to which import tariffs protected …
Persistent link: https://www.econbiz.de/10012471127
This paper studies a growth model that is able to match several key facts of economic history. For thousands of years, the average standard of living seems to have risen very little, despite increases in the level of technology and large increases in the level of the population. Then, after...
Persistent link: https://www.econbiz.de/10012471409
Why was the Industrial Revolution successful at generating sustained growth? Some have argued that there was a fundamental change in the way that new technology was developed during this period, but evidence for this argument remains largely anecdotal. This paper provides direct quantitative...
Persistent link: https://www.econbiz.de/10012938720
Manufacturing has made an important contribution to raising living standards in many parts of the world. Concerns about premature deindustrialization have made some observers skeptical about the potential for manufacturing to play this role in Africa. But employment in African manufacturing has...
Persistent link: https://www.econbiz.de/10012794598
during this stage of industrialization, and that much of its early productivity growth can be explained by changes in …
Persistent link: https://www.econbiz.de/10012477395
investment during early industrialization. Although several manufacturing industries, such as cotton textiles, depart from the … per unit of labor is also presented, serving to undercut the notion that the early period of industrialization was based …
Persistent link: https://www.econbiz.de/10012477705
. Industrialization in the Northeast was substantially powered during these decades by female and child labor, who comprised about 45% of … hypothesis of early industrialization is that such development proceeds first in areas whose agriculture, for various reasons … develop seven propositions relating to the process of early industrialization. Data from two early censuses of manufactures …
Persistent link: https://www.econbiz.de/10012478393
We explore how firms grow by adding products. In contrast to most earlier work on the topic, our conceptual and empirical framework allows for separate treatment of product innovation (vertical differentiation) and diversification (horizontal differentiation). The market context is Japan's...
Persistent link: https://www.econbiz.de/10012479189
Why did per capita income divergence occur so dramatically during the 19th Century, rather than at the outset of the Industrial Revolution? How were some countries able to reverse this trend during the globalization of the late 20th Century? To answer these questions, this paper develops a...
Persistent link: https://www.econbiz.de/10012479692