The industrial revolution: A cliometric perspective

Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

Abstract

The Industrial Revolution in England represented most importantly a change in the growth rate of the efficiency of the economy from close to zero in the years before 1800 to rates typical of those for modern England or the USA by 1860. This paper details the overall change in productivity growth rates and shows also how this created an even greater increase in income per capita from induced capital accumulation. It also details the sectoral sources of this growth. Lastly, the paper considers how this fundamental economic transformation might be explained as a function of institutions, ideas, demography, and human capital investments.

Original languageEnglish
Title of host publicationHandbook of Cliometrics
Number of pages39
PublisherSpringer
Publication date1. Jan 2016
Pages197-235
ISBN (Print)9783642404054
ISBN (Electronic)9783642404061
DOIs
Publication statusPublished - 1. Jan 2016
Externally publishedYes

Bibliographical note

Publisher Copyright:
© Springer-Verlag Berlin Heidelberg 2016.

Keywords

  • Economic Growth
  • Industrial Revolution
  • Industrialization

Fingerprint

Dive into the research topics of 'The industrial revolution: A cliometric perspective'. Together they form a unique fingerprint.

Cite this