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This paper challenges a belief that is deeply embedded in mainstream economics — that 1688-1701 saw a fundamental transformation in England, which sprang from changes in the highest-level institutions designed by those who understood how to effect productive reform. This is the design...
Persistent link: https://www.econbiz.de/10014199913
th century Britain as either detrimental, or as neutral for economic growth. In this paper, we argue instead that Britain …
Persistent link: https://www.econbiz.de/10010528371
growth was at work until the 19th century. Furthermore, we document changes in the propagation mechanism from real wages on … population growth over time that feature prominently in Unified Growth Theory. Most remarkably, in contrast to earlier empirical …
Persistent link: https://www.econbiz.de/10010240593
This paper develops a simple dynamic model to examine the breakout from a Malthusian economy to a modern growth regime … declining living standards; this is termed maximum sustainable population growth. We then apply the framework to Britain and … find a dramatic increase in sustainable population growth at the time of the Industrial Revolution, well before the …
Persistent link: https://www.econbiz.de/10010201281
growth was at work until the 19th century. Furthermore, we document changes in the propagation mechanism from real wages on … population growth over time that feature prominently in Unified Growth Theory. Most remarkably, in contrast to earlier empirical …
Persistent link: https://www.econbiz.de/10010250113
We develop a quantitative model that is consistent with three principal building blocks of Unified Growth Theory: the … (iii) rising human capital, combined with the increasing elasticity of substitution between child quantity and quality …
Persistent link: https://www.econbiz.de/10012483759
Trends in living standards during the Industrial Revolution is a core debate in economic history. Studies using anthropometric records from institutional sources have found downward trends in living standards during the first half of the nineteenth century. This paper contributes to this...
Persistent link: https://www.econbiz.de/10012051433
The organization of the Prussian school system still affects the German education system of today. Against the background of end-of-nineteenth-Prussia this thesis analyzes how education funding emerges in a federal system and how it affects prosperity and nation building in a setting of...
Persistent link: https://www.econbiz.de/10011793439
Modern economic growth started in the West in the early nineteenth century. This survey discusses the precise … connection between the Industrial Revolution and the beginnings of growth, and connects it to the intellectual and economic … factors underlying the growth of useful knowledge. The connections between science, technology and human capital are re …
Persistent link: https://www.econbiz.de/10014023770
This chapter surveys the history of modern economic growth and suggests a number of mechanisms that drove the …
Persistent link: https://www.econbiz.de/10014025174