The role of technology and institutions for growth : Danish creameries in the late nineteenth century
Abstract
We 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.Download Info
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Paper provided by Universidad Carlos III de Madrid in its series Open Access publications from Universidad Carlos III de Madrid with number info:hdl:10016/9693.Length:
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Handle: RePEc:ner:carlos:info:hdl:10016/9693
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Related research
Keywords: 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.
- Ingrid Henriksen & Markus Lampe & Paul Sharp, 2011. "The role of technology and institutions for growth: Danish creameries in the late nineteenth century," Working Papers 0001, European Historical Economics Society (EHES).
- 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
References
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