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Three phases of Dutch economic growth and technological change, 1815-1997

Author

Listed:
  • Smits, Jan Pieter
  • Jong, Herman de
  • Ark, Bart van

    (Groningen University)

Abstract

In this paper we analyze the dynamics of Dutch economic growth for the period 1815-1997. By applying a simple econometric technique, important braking points in the timeseries are traced. It seems that three phases of growth can be discerned and that these phases are characterized by different types of technology (steam, electricity as well as information and communication technology). The Dutch economy has not generated an overall productivity improvement from the first and third technological phase, but has been successful in exploiting the technological opportunities of the second phase.

Suggested Citation

  • Smits, Jan Pieter & Jong, Herman de & Ark, Bart van, 1999. "Three phases of Dutch economic growth and technological change, 1815-1997," GGDC Research Memorandum 199942, Groningen Growth and Development Centre, University of Groningen.
    • Handle: RePEc:gro:rugggd:199942
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    File URL: http://irs.ub.rug.nl/ppn/242560288
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    References listed on IDEAS

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    2. de Vries, J., 1968. "Economische groei en industrialisatie in Nederland 1850-1914," Other publications TiSEM ed775e4d-f03f-44ac-aa3a-f, Tilburg University, School of Economics and Management.
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    8. David, Paul A, 1990. "The Dynamo and the Computer: An Historical Perspective on the Modern Productivity Paradox," American Economic Review, American Economic Association, vol. 80(2), pages 355-361, May.
    9. Ark, Bart van & Jong, Herman de, 1996. "Accounting for economic growth in the Netherlands since 1913," GGDC Research Memorandum 199626, Groningen Growth and Development Centre, University of Groningen.
    10. Ark, Bart van & Haan, Jakob de, 1997. "The Delta-model revisited: recent trends in the structural performance of the Dutch economy," GGDC Research Memorandum 199738, Groningen Growth and Development Centre, University of Groningen.
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    Citations

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    Cited by:

    1. Timmer, Marcel P. & Ypma, Gerard & Ark, Bart van der, 2003. "IT in the European Union: driving productivity divergence?," GGDC Research Memorandum 200363, Groningen Growth and Development Centre, University of Groningen.
    2. repec:dgr:rugccs:200507 is not listed on IDEAS
    3. Robert Inklaar & Mary O'Mahony & Marcel Timmer, 2005. "ICT AND EUROPE's PRODUCTIVITY PERFORMANCE: INDUSTRY‐LEVEL GROWTH ACCOUNT COMPARISONS WITH THE UNITED STATES," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 51(4), pages 505-536, December.
    4. repec:dgr:rugggd:200368 is not listed on IDEAS
    5. Bonenkamp, Jan P.M. & Jacobs, Jan P.A.M. & Smits, Jan-Pieter, 2005. "Consumer demand in the Industrial Revolution: The Netherlands, 1815-1913," CCSO Working Papers 200507, University of Groningen, CCSO Centre for Economic Research.
    6. Abe de Jong & Wilco Legierse, 2022. "What causes hot markets for equity IPOs? An analysis of initial public offerings in the Netherlands, 1876–2015 [Market timing and capital structure]," European Review of Economic History, European Historical Economics Society, vol. 26(2), pages 208-233.
    7. repec:dgr:rugggd:200363 is not listed on IDEAS
    8. Reijnders, Jan P.G., 2009. "Trend movements and inverted Kondratieff waves in the Dutch economy, 1800-1913," Structural Change and Economic Dynamics, Elsevier, vol. 20(2), pages 90-113, June.

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