Explaining the Great Divergence: Medium and Message on the Eurasian Land Mass, 1700-1850
AbstractBetween 1700 and 1850, per-capita income doubled in Europe while falling in the rest of Eurasia. Neither geography nor economic institutions can explain this sudden divergence. Here the consequences of differences in communications technology are examined. For the first time, there appeared in Europe a combination of a standardized medium (national vernaculars with a phonetic alphabet) and a non-standardized message (competing religious, political and scientific ideas). The result was an unprecedented fall in the cost of combining ideas and burst of productivity-raising innovation. Elsewhere, decreasing standardization of the medium and increasing standardization of the message blocked innovation.
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Bibliographic InfoPaper provided by Universite de Montreal, Departement de sciences economiques in its series Cahiers de recherche with number 2003-19.
Length: 27 pages
Date of creation: 2003
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- N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
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- NEP-ALL-2003-10-20 (All new papers)
- NEP-HIS-2003-10-20 (Business, Economic & Financial History)
- NEP-HPE-2003-10-20 (History & Philosophy of Economics)
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