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The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional … variations in the adoption of steam engines across France, the study establishes that in contrast to conventional wisdom that … views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human …
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Knowledge has become a crucial factor of production in the developed economies and, as humans are the carriers and utilisers of knowledge, skilled human resource is gaining similarly large relevance. These advancements are elements of the substantial changes that characterise the fourth...
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This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment...
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