The role of technology and institutions for growth: Danish creameries in the late nineteenth century
AbstractWe consider the relative contributions of changing technology and institutions for economic growth through the investigation of a natural experiment in history: the almost simultaneous introduction of the automatic cream separator and the cooperative ownership form in the Danish dairy industry from around 1880. Using a new database of statistics from creameries and the tool of stochastic frontier analysis, we find that both institutions and technology were important for the success of the Danish dairy industry and, by implication, the growth and early development of the Danish economy.
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Bibliographic InfoPaper provided by European Historical Economics Society (EHES) in its series Working Papers with number 0001.
Length: 29 pages
Date of creation: Jan 2011
Date of revision:
Creameries; dairies; Denmark; development; economic growth; institutions; technology; stochastic frontier analysis;
Other versions of this item:
- Henriksen, Ingrid & Lampe, Markus & Sharp, Paul, 2011. "The role of technology and institutions for growth: Danish creameries in the late nineteenth century," European Review of Economic History, Cambridge University Press, vol. 15(03), pages 475-493, December.
- Ingrid Henriksen & Markus Lampe & Paul Sharp, 2010. "The role of technology and institutions for growth: Danish creameries in the late nineteenth century," Working Papers in Economic History wp10-13, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Ingrid Henriksen & Markus Lampe & Paul Sharp, 2010. "The Role of Technology and Institutions for Growth: Danish Creameries in the late Nineteenth Century," Discussion Papers 10-32, University of Copenhagen. Department of Economics.
- L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
- N5 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
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