The French Revolution and German industrialization: The new institutional economics rewrites history
AbstractOur purpose here is to challenge the big-bang approach to economic history in which some alleged institutional imposition - a deus machine - is claimed to launch a series of new economic behaviors. This so-called prime mover is then carried forward by the inexorable forces of path dependency to change the course of history. The specific creation story under investigation here is the French Revolution and the subsequent Napoleonic conquest of parts of Germany. We show that recent efforts to re-write German economic history using this theoretical model cannot be supported by the abundant and concerted empirical evidence. --
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Bibliographic InfoPaper provided by Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO) in its series IAMO Discussion Papers with number 149.
Date of creation: 2014
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institutional change; French Revolution; Germany; Prussian reforms; agricultural development; industrialization;
Find related papers by JEL classification:
- N43 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: Pre-1913
- N53 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: Pre-1913
- N63 - Economic History - - Manufacturing and Construction - - - Europe: Pre-1913
- O43 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-06-28 (All new papers)
- NEP-GRO-2014-06-28 (Economic Growth)
- NEP-HIS-2014-06-28 (Business, Economic & Financial History)
- NEP-HME-2014-06-28 (Heterodox Microeconomics)
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