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We examine the role of substitution from traditional to modern energy carriers and of differential rates of innovation in the use of each of these in economic growth in Sweden from 1850 to 1950. We use a simple growth model with a nested CES production function and exogenous factor-augmenting...
Persistent link: https://www.econbiz.de/10011115878
Bahía Blanca has been posed as the main Southern city of the country (both in population and economic terms) by various works in the field of economic geography. In particular, it has been emphasized its leading manufacturing sector (historically oriented to exports) and its role as center of...
Persistent link: https://www.econbiz.de/10005125838
What sustains slavery, and why at critical junctures—the fall of the Roman Empire, the early modern expansion of … between free and servile labor? Why has slavery usually been ended by legal prohibition rather than voluntary abandonment? An … extremely simple dual-equilibrium picture can illuminate how, when, and with whose support slavery is introduced or abolished …
Persistent link: https://www.econbiz.de/10010988067
Since trade was not an engine, neither was a part of trade, such as the trade in slaves. And certainly the profits from the trade did not finance the Industrial Revolution. Imperialism, too, was a mere part of trade, and despite the well-deserved guilt that Europeans feel in having perpetrated...
Persistent link: https://www.econbiz.de/10008636484
about the morality or long-term viability of slavery. It is unclear, however, whether such expressions of anti-slavery … that there was a change in elite rhetoric about slavery, initiated by Whig politicians in the mid-1830s seeking a campaign … issue in the South, in which anti-slavery rhetoric became linked to attempts by abolitionists to foment slave unrest, making …
Persistent link: https://www.econbiz.de/10010864439
This paper will focus upon the Swedish consumption of sugar, a product that illustrates the shift from being a luxury to being a mass-consumed commodity. Very little attention has been paid to the commodity of sugar by Swedish scholars, at least concerning the period prior to the introduction of...
Persistent link: https://www.econbiz.de/10005423769
In the late 1980s Robert Ross and co-author Pieter van Duin reversed the widely accepted view of the Cape economy as a ‘social and economic backwater’ of widespread subsistence farming and overall poverty, scattered with small islands of relatively affluent farmers. Exploring the rich...
Persistent link: https://www.econbiz.de/10010894443
didn't industrialization make the whole world rich--and why did it make large parts of the world even poorer? In <i …-century Europe, Clark shows that such institutions existed long before industrialization. He argues instead that these institutions … workforces that enable economic growth. For the many societies that have not enjoyed long periods of stability, industrialization …
Persistent link: https://www.econbiz.de/10005696692
subsequent economic performance are noted. The paper concludes that precocious British industrialization is much easier to …
Persistent link: https://www.econbiz.de/10011123783
industrialization have determined the development of nations. Presented in honor of Joel Mokyr—arguably the preeminent economic …
Persistent link: https://www.econbiz.de/10011097650