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Although European economic history provides essentially no support for the view that education of the general … population has a positive causal effect on economic growth, a recent paper by Becker, Hornung and Woessmann (Education and catch …-up in the Industrial Revolution, 2011) claims that such education had a significant impact on Prussian industrialisation …
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important role in enabling Prussia to catch up with Britain during the nineteenth century. -- education ; industrialization …This paper investigates Becker, Hornung and Woessmann's recent claim that education had an important causal effect on … Prussian industrialization and finds it unwarranted. The econometric analysis on which this claim is based suffers from severe …
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This volume was prepared by Erik Hornung while he was working in the Department Human Capital and Innovation of the Ifo Institute. It was completed in December 2012 and accepted as a doctoral thesis by the Economics Department of the University of Munich (LMU). The thesis consists of four core...
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