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Industrial Revolutions and Consumption: A Common Model to the Various Periods of Industrialization

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  • David Flacher

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    (CEPN - Centre d'Economie de l'Université de Paris Nord (ancienne affiliation) - Université Paris XIII - Paris Nord - CNRS : UMR7115)

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    Abstract

    What was the role of consumption structure evolution in the industrialization phases of the Western world since the 18th century? To answer this question, we first ask the économical ad historical literature. We detify the main phases of consumption structure evolution and establish a plausible link between consumption structure evolutions and industrial revolutions. In particular, we show that an industrial revolution starts with a "smithian growth process",which is demand driven, and a "schumpeterian growth process" which is supply driven, one the new techniques adopted. We then model the role of consumption habits evolution in the schumpeterian growth process. Finally, we show that consumption habits evolutions can be endogenously explained if we introduce, in an original way, the concept of "commercial revolution", which appears to be mainly linked to schumpeterian growth processes.

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    Bibliographic Info

    Paper provided by HAL in its series CEPN Working Papers with number halshs-00132241.

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    Date of creation: 2005
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    Handle: RePEc:hal:cepnwp:halshs-00132241

    Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00132241
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    Keywords: Industrial revolutions; history; consumption;

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    1. Gary S. Becker & Kevin M. Murphy & Robert F. Tamura, 1990. "Human Capital, Fertility, and Economic Growth," NBER Working Papers 3414, National Bureau of Economic Research, Inc.
    2. J.Komlos & M.Artzrouni, 2003. "Un modèle démo-économique de la Révolution Industrielle," Economies et Sociétés (Serie 'Histoire Economique Quantitative'), Association Française de Cliométrie (AFC), issue 30, pages 1807-1821, October.
    3. Nico Voigtländer & Hans-Joachim Voth, 2005. "Why England? Demand, Growth and Inequality During the Industrial Revolution," Working Papers 208, Barcelona Graduate School of Economics.
    4. Komlos, John & Artzrouni, Marc, 1990. "Mathematical Investigations of the Escape from the Malthusian Trap," Munich Reprints in Economics 3427, University of Munich, Department of Economics.
    5. Galor, Oded & Moav, Omer, 2000. "Natural Selection and the Origin of Economic Growth," Arbetsrapport 2000:5, Institute for Futures Studies.
    6. Horrell, Sara, 1996. "Home Demand and British Industrialization," The Journal of Economic History, Cambridge University Press, vol. 56(03), pages 561-604, September.
    7. Hans-Joachim Voth, 1997. "Time and Work in Eighteenth-Century London," Economics Series Working Papers 1997-W21, University of Oxford, Department of Economics.
    8. Clark, Gregory & Werf, Ysbrand Van Der, 1998. "Work in Progress? The Industrious Revolution," The Journal of Economic History, Cambridge University Press, vol. 58(03), pages 830-843, September.
    9. Richard H. Steckel & Roderick Floud, 1997. "Health and Welfare during Industrialization," NBER Books, National Bureau of Economic Research, Inc, number stec97-1, October.
    10. David N. Weil & Oded Galor, 2000. "Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond," American Economic Review, American Economic Association, vol. 90(4), pages 806-828, September.
    11. Crafts N. F. R. & Mills Terence C., 1994. "Trends in Real Wages in Britain, 1750-1913," Explorations in Economic History, Elsevier, vol. 31(2), pages 176-194, April.
    12. Oded Galor, 2006. "The Demographic Transition," Working Papers 2006-24, Brown University, Department of Economics.
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