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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
industrialization in the second half of the nineteenth century. We find that industries and regions more exposed to international trade … controlling for these factors, we find that greater exposure to globalization shaped the pattern of regional industrialization in …
Persistent link: https://www.econbiz.de/10012481264
This paper examines the future of remote work by drawing parallels between two contexts: The move from home to factory-based production during the Industrial Revolution and the shift to work from home today. Both are characterized by a similar trade-off: the potential productivity advantage of...
Persistent link: https://www.econbiz.de/10012482469
This paper documents industrial output and labor productivity growth around the poor periphery 1870-1940 (Latin America, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial growth accelerated there over these seven critical...
Persistent link: https://www.econbiz.de/10012462312
During Britain's industrialization, Parliament operated a forum where rights to land and resources could be reorganized …
Persistent link: https://www.econbiz.de/10012462955
, and the transition to skill-biased technological change. The simulated model tracks British industrialization in the 18th …
Persistent link: https://www.econbiz.de/10012464163
provided. We test both hypotheses using calibrated general equilibrium models of the British economy and the rest of the world …
Persistent link: https://www.econbiz.de/10012464570
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/10012464805
Industrial revolution is fundamentally linked with the rise of factories and the decline of skilled artisans in manufacturing. Most scholars agree that factories as compared to artisan shops were intensive in unskilled labor. Indeed, the hallmark of the early factories is the utilization of...
Persistent link: https://www.econbiz.de/10012465756
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 …
Persistent link: https://www.econbiz.de/10012465802