Showing 1 - 10 of 21
Persistent link: https://www.econbiz.de/10000896782
We analyze factors explaining the very different patterns of industrialization across the 42 counties of England between 1760 and 1830. Against the widespread view that high wages and cheap coal drove industrialization, we find that industrialization was restricted to low wage areas, while...
Persistent link: https://www.econbiz.de/10011373582
This paper surveys the results of four recent, separate attempts at estimating agricultural output and food availability in England and Wales at points between the Middle Ages and the Industrial Revolution. It highlights their contrasting implications for trends in economic growth and...
Persistent link: https://www.econbiz.de/10009733091
Persistent link: https://www.econbiz.de/10009791113
Persistent link: https://www.econbiz.de/10009791117
Sustained economic growth in England can be traced back to the early seventeenth century. That earlier growth, albeit modest, both generated and was sustained by a demographic regime that entailed relatively high wages, and by an increasing endowment of human capital in the form of a relatively...
Persistent link: https://www.econbiz.de/10010426561
Although largely absent from modern accounts of the Industrial Revolution, watches were the first mass produced consumer durable, and were Adam Smith's pre-eminent example of technological progress. In fact, Smith makes the notable claim that watch prices may have fallen by up to 95 per cent...
Persistent link: https://www.econbiz.de/10010493004
Persistent link: https://www.econbiz.de/10010411133
Persistent link: https://www.econbiz.de/10013274859
For contemporaries, Britain's success in developing the technologies of the early Industrial Revolution rested in large part on its abundant supply of artisan skills, notably in metalworking. In this paper we outline a simple process where successful industrialization occurs in regions that...
Persistent link: https://www.econbiz.de/10012231403