Advanced Search
MyIDEAS: Login to save this paper or follow this series

The Price of Time and Labour Supply: From the Black Death to the Industrious Revolution

Contents:

Author Info

  • Mark Koyama

    (Wadham College and Department of Economics, University of Oxford, UK.)

Abstract

In pre-industrial economies labour supply curves often bend backwards at very low levels of income. This changed prior to the industrial revolution: total working hours increased (De Vries (1993, Voth (1998,2000). This paper examines this industrious revolution using a model of labour supply where consumption takes time. This analytical framework enables us to draw a distinction between a pessimistic account of the industrious revolution as suggested by Van Zanden (2006) and an optimistic account advanced by de Vries (2008) of an industrious revolution driven by changing patterns of demand. This formulation clarifies the importance of new consumption opportunities in driving hours worked.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.economics.ox.ac.uk/materials/papers/4234/78koyama.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Economics Group, Nuffield College, University of Oxford in its series Oxford University Economic and Social History Series with number _078.

as in new window
Length: 49 pages
Date of creation: 01 Sep 2009
Date of revision:
Handle: RePEc:nuf:esohwp:_078

Contact details of provider:
Web page: http://www.nuff.ox.ac.uk/economics/

Related research

Keywords: labour supply; industrious revolution; consumption; time allocation;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

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.:
as in new window
  1. Hans-Joachim Voth, 1997. "Time and Work in Eighteenth-Century London," Economics Series Working Papers 1997-W21, University of Oxford, Department of Economics.
  2. van Zanden, Jan L., 1999. "Wages and the standard of living in Europe, 1500 1800," European Review of Economic History, Cambridge University Press, vol. 3(02), pages 175-197, August.
  3. Matthias Doepke & Fabrizio Zilibotti, 2008. "Occupational Choice and the Spirit of Capitalism," The Quarterly Journal of Economics, MIT Press, vol. 123(2), pages 747-793, 05.
  4. Galor, Oded & Moav, Omer, 2001. "Natural Selection and the Origin of Economic Growth," CEPR Discussion Papers 2727, C.E.P.R. Discussion Papers.
  5. Horrell Sara & Humphries Jane, 1995. "The Exploitation of Little Children: Child Labor and the Family Economy in the Industrial Revolution," Explorations in Economic History, Elsevier, vol. 32(4), pages 485-516, October.
  6. Fogel, Robert W., 1993. "Economic Growth, Population Theory, and Physiology: The Bearing of Long-Term Processes on the Making of Economic Policy," Nobel Prize in Economics documents 1993-1, Nobel Prize Committee.
  7. Mark Aguiar & Erik Hurst, 2007. "Measuring Trends in Leisure: The Allocation of Time over Five Decades," The Quarterly Journal of Economics, MIT Press, vol. 122(3), pages 969-1006, 08.
  8. Gary D. Hansen & Edward C. Prescott, 1999. "Malthus to Solow," Staff Report 257, Federal Reserve Bank of Minneapolis.
  9. Gary S. Becker & Kevin M. Murphy, 1986. "A Theory of Rational Addiction," University of Chicago - George G. Stigler Center for Study of Economy and State 41, Chicago - Center for Study of Economy and State.
  10. Jeremy Greenwood & Guillaume Vandenbroucke, 2005. "Hours Worked: Long-Run Trends," NBER Working Papers 11629, National Bureau of Economic Research, Inc.
  11. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132.
  12. Angeles, Luis, 2008. "GDP per capita or real wages? Making sense of conflicting views on pre-industrial Europe," Explorations in Economic History, Elsevier, vol. 45(2), pages 147-163, April.
  13. 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.
  14. Allen,Robert C., 2009. "The British Industrial Revolution in Global Perspective," Cambridge Books, Cambridge University Press, number 9780521687850, April.
  15. Harley, C. Knick & Crafts, N.F.R., 2000. "Simulating the Two Views of the British Industrial Revolution," The Journal of Economic History, Cambridge University Press, vol. 60(03), pages 819-841, September.
  16. Atkinson, A. B. & Stern, N. H., 1980. "On the switch from direct to indirect taxation," Journal of Public Economics, Elsevier, vol. 14(2), pages 195-224, October.
  17. Grantham, George, 1999. "Contra Ricardo: On the macroeconomics of pre-industrial economies," European Review of Economic History, Cambridge University Press, vol. 3(02), pages 199-232, August.
  18. Freudenberger, Herman & Cummins, Gaylord, 1976. "Health, work, and leisure before the industrial revolution," Explorations in Economic History, Elsevier, vol. 13(1), pages 1-12, January.
  19. Shammas, Carole, 1983. "Food Expenditures and Economic Well-Being in Early Modern England," The Journal of Economic History, Cambridge University Press, vol. 43(01), pages 89-100, March.
  20. Temin, Peter, 1966. "Labor Scarcity and the Problem of American Industrial Efficiency in the 1850's," The Journal of Economic History, Cambridge University Press, vol. 26(03), pages 277-298, September.
  21. Gregory Clark, 2005. "The Condition of the Working Class in England, 1209-2004," Journal of Political Economy, University of Chicago Press, vol. 113(6), pages 1307-1340, December.
  22. Simon A.C. Penn & Christopher Dyer, 1990. "Wages and earnings in late medieval England: evidence from the enforcement of the labour laws," Economic History Review, Economic History Society, vol. 43(3), pages 356-376, 08.
  23. K. K. Lancaster, 2010. "A New Approach to Consumer Theory," Levine's Working Paper Archive 1385, David K. Levine.
  24. Karakacili, Eona, 2004. "English Agrarian Labor Productivity Rates Before the Black Death: A Case Study," The Journal of Economic History, Cambridge University Press, vol. 64(01), pages 24-60, March.
  25. Hueckel, Glenn, 1973. "War and the British economy, 1793-1815 a general equilibrium analysis," Explorations in Economic History, Elsevier, vol. 10(4), pages 365-396.
  26. Harley, C. Knick, 1982. "British Industrialization Before 1841: Evidence of Slower Growth During the Industrial Revolution," The Journal of Economic History, Cambridge University Press, vol. 42(02), pages 267-289, June.
  27. 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.
  28. Grantham, George W., 1978. "The Diffusion of the New Husbandry in Northern France, 1815–1840," The Journal of Economic History, Cambridge University Press, vol. 38(02), pages 311-337, June.
  29. D. C. Coleman, 1956. "Labour In The English Economy Of The Seventeenth Century," Economic History Review, Economic History Society, vol. 8(3), pages 280-295, 04.
  30. Huberman, Michael, 2004. "Working Hours of the World Unite? New International Evidence of Worktime, 1870 1913," The Journal of Economic History, Cambridge University Press, vol. 64(04), pages 964-1001, December.
  31. Grantham, George, 1989. "Agricultural Supply During the Industrial Revolution: French Evidence and European Implications," The Journal of Economic History, Cambridge University Press, vol. 49(01), pages 43-72, March.
  32. Ian Blanchard, 1978. "Labour Productivity and Work Psychology in the English Mining Industry, 1400-1600," Economic History Review, Economic History Society, vol. 31(1), pages 1-24, 02.
  33. Robert C. Allen, 2003. "Progress and poverty in early modern Europe," Economic History Review, Economic History Society, vol. 56(3), pages 403-443, 08.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Paul David & S. Ryan Johansson and Andrea Pozzi, 2010. "The Demography of an Early Mortality Transition: Life Expectancy, Survival and Mortality Rates for Britain's Royals, 1500-1799," Economics Series Working Papers Number 83, University of Oxford, Department of Economics.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:nuf:esohwp:_078. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maxine Collett).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.