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From Domestic Manufacture to Industrial Revolution: Long-Run Growth and Agrucultural Development

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Author Info
Jacob L. Weisdorf (Institute of Economics, University of Copenhagen)

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Abstract

This paper investigates the historical process of industrialisation. The allocation of labour between food and non-food activities and the pattern of consumption of domestic versus industrial manufacture are determined endogenously, depending on terms of trade between agricultural and industrial goods. It is demonstrated that growth in the industrial sector’s productivity is crucial to the expansion and development of the agricultural sector and thus to the transfer of labour from agriculture to industry and to economic growth. This view contrasts with the traditional perception according to which the agricultural sector leads in the process of industrialisation.

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Paper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 04-06.

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Length: 37 pages
Date of creation: Mar 2004
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Handle: RePEc:kud:kuiedp:0406

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Related research
Keywords: agriculture; industrialisation; time-allocation; transition;

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Find related papers by JEL classification:
O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Vollrath, Dietrich, 2008. "The Dual Economy in Long-run Development," MPRA Paper 12293, University Library of Munich, Germany. [Downloadable!]
    Other versions:
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