A market-size-only theory of industrialization cannot explain why England developed nearly two centuries before China … factor suppliers' organizations such as craft guilds, industrialization no longer depends on market size, but on spatial … the relation between spatial competition, craft guilds and innovation, and (ii) by showing the calibrated model correctly …

A market-size-only theory of industrialization cannot explain why England developed nearly two centuries before China … factor suppliers' organizations such as craft guilds, industrialization no longer depends on market size, but on spatial … the relation between spatial competition, craft guilds and innovation, and (ii) by showing the calibrated model correctly …

This paper studies the impact of inequality in capital and land distribution on the pace of industrialization, thereby … of industrialization. The distribution of wealth affects the incentives of agents to invest in political conflict, and … intensity observed throughout the industrialization phase. We present several historical narratives that support these results …

innovation and their ability in fostering industrialization, the proposed theory suggests that the desirable degree of the … industrialization and, thereby, their take-off to a state of sustained economic growth. The theory contributes to the understanding of …

innovation and their ability in fostering industrialization, the proposed theory suggests that the desirable degree of the … industrialization and, thereby, their take-off to a state of sustained economic growth. The theory contributes to the understanding of …

comparison to Western countries; 3) a discussion of the relevance of our findings for the debate on the Great Divergence. Our …” in the East reveals the existence of some economic and institutional limitations in this part of the world and …

of innovation and entrepreneurial activity, suggesting that distance from the frontier may have fostered the emergence of … a culture conducive to innovation, knowledge creation, and entrepreneurship …