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The Wheels of Change : Technology Adoption, Millwrights, and Persistence in Britain’s Industrialization
Mokyr, Joel; Sarid, Assaf; van der Beek, Karine - 2020
This paper examines the effect of the early adoption of technology on the evolution of human capital and on industrialization, in the context of Britain’s Industrial Revolution. It shows that wrights, a group of highly skilled mechanical craftsmen, who specialized in water-powered machinery in...
Persistent link: https://www.econbiz.de/10014103183
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Can general purpose technology theory explain economic growth? : electrical power as a case study
Ristuccia, Cristiano Andrea; Solomou, Solomos - 2014
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010252126
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The Research University, Invention, and Industry : Evidence from German History
Dittmar, Jeremiah; Meisenzahl, Ralf - 2022
microdata. We find that invention and manufacturing developed similarly in cities closer to and farther from universities in the …
Persistent link: https://www.econbiz.de/10014082118
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Political power, resistance to technological change and economic development : evidence from the 19th century Sweden
Tyrefors, Björn; Lindgren, Erik; Pettersson-Lidbom, Per - 2017 - This version: June 16, 2017
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
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Ploughs, Fairs and Skills : the Volga Germans and Technology Adoption in Late Imperial Russia
Natkhov, Timur - 2020
ploughs increased the labor productivity of Russian peasants. However, communication barriers precluded Russians from adopting …
Persistent link: https://www.econbiz.de/10012847815
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Accounting for breakout in Britain : the industrial revolution through a Malthusian lens
Tepper, Alexander; Borowiecki, Karol Jan - 2013
This paper develops a simple dynamic model to examine the breakout from a Malthusian economy to a modern growth regime. It identifies several factors that determine the fastest rate at which the population can grow without engendering declining living standards; this is termed maximum...
Persistent link: https://www.econbiz.de/10010201281
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Anonymity, efficiency wages and technological progress
Broadberry, Stephen N.; Ghosal, Sayantan; Proto, Eugenio - 2016
Although the Industrial Revolution is often characterized as the culmination of a process of commercialisation, the precise nature of such a link remains unclear. This paper provides an analysis of one such link: the role of commercialisation in raising wages as impersonal labour market...
Persistent link: https://www.econbiz.de/10011482655
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Anonymity, efficiency wages and technological progress
Broadberry, Stephen N.; Ghosal, Sayantan; Proto, Eugenio - 2015
Although the Industrial Revolution is often characterized as the culmination of a process of commercialisation, the precise nature of such a link remains unclear. This paper models and analyzes such link: the role of commercialisation in raising efficiency wages as impersonal and anonymous...
Persistent link: https://www.econbiz.de/10010470884
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Accounting for Breakout in Britain : The Industrial Revolution Through a Malthusian Lens
Tepper, Alexander - 2013
This paper develops a simple dynamic model to examine the breakout from a Malthusian economy to a modern growth regime. It identifies several factors that determine the fastest rate at which the population can grow without engendering declining living standards; this is termed maximum...
Persistent link: https://www.econbiz.de/10013075075
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The Coming Golden Age of New Europe
Piatkowski, Marcin - 2009
and stepped-up productivity. To this end, New Europe should enhance incentives for saving, introduce counter …
Persistent link: https://www.econbiz.de/10013153476