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Cliometrics and technological change: a survey

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  • Nicholas Crafts

Abstract

This paper considers the approach to technological change by quantitative economic historians. It suggests that there has been a continuing tension between what economics has to offer economic history by way of technical methods and what economic historians would like to find in economic models. In this area, there has been a danger that use of economic analysis would impoverish historical enquiry. Since the advent of new growth economics the situation has improved in the sense that there is now greater congruence between the hypotheses proposed by cliometricians and the resources that economics has available to them to investigate these ideas rigorously. Unfortunately, however, economists are still reluctant to learn from economic historians.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal The European Journal of the History of Economic Thought.

Volume (Year): 17 (2010)
Issue (Month): 5 ()
Pages: 1127-1147

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Handle: RePEc:taf:eujhet:v:17:y:2010:i:5:p:1127-1147

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Related research

Keywords: Cliometrics; economic growth; technological change; total factor productivity;

References

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Cited by:
  1. Anton Bondarev, 2012. "The long-run dynamics of product and process innovations for a multi-product monopolist," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 21(8), pages 775-799, November.
  2. Crafts, Nicholas & O’Rourke, Kevin Hjortshøj, 2014. "Twentieth Century Growth*This research has received funding from the European Research Council under the European Union’s Seventh Framework Programme (FP7/2007-2013) / ERC grant agreement no. 249546," Handbook of Economic Growth, in: Handbook of Economic Growth, edition 1, volume 2, chapter 6, pages 263-346 Elsevier.

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