Growth theory and industrial revolutions in Britain and America
Long-run economic growth has again become a major focus of economic theory. A perception of technological change as an economic process with externalities has motivated the development of aggregate models that generate different steady-state growth paths. Economic history has also long been interested in long-run economic growth. Here, a dialogue is presented between growth theory and the historical literature on the industrial revolution in Britain and America's surge to international economic leadership in the late nineteenth century. In conclusion, economists' recent thinking about the microeconomics of technological change has provided fruitful material for the economic historian of growth. Unfortunately, the models of endogenous growth, on the other hand, present too aggregated a view of the economy to prove helpful when confronted with the details of economic history.
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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 36 (2003)
Issue (Month): 4 (November)
|Contact details of provider:|| Postal: |
Web page: http://economics.ca/cje/
More information through EDIRC
|Order Information:|| Web: http://economics.ca/en/membership.php Email: |
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.:
- Kevin H. O'Rourke & Jeffrey G. Williamson, 2001. "Globalization and History: The Evolution of a Nineteenth-Century Atlantic Economy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650592, June.
- Stephen D. Oliner & Daniel E. Sichel, 2000.
"The resurgence of growth in the late 1990s: is information technology the story?,"
Finance and Economics Discussion Series
2000-20, Board of Governors of the Federal Reserve System (U.S.).
- Stephen D. Oliner & Daniel E. Sichel, 2000. "The resurgence of growth in the late 1990s: is information technology the story?," Proceedings, Federal Reserve Bank of San Francisco.
- Stephen D. Oliner & Daniel E. Sichel, 2000. "The Resurgence of Growth in the Late 1990s: Is Information Technology the Story?," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 3-22, Fall.
- N. F. R. Crafts & C. K. Harley, 1992. "Output growth and the British industrial revolution: a restatement of the Crafts-Harley view," Economic History Review, Economic History Society, vol. 45(4), pages 703-730, November.
- Gavin Wright, 1997.
"Can a Nation Learn? American Technology as a Network Phenomenon,"
98001, Stanford University, Department of Economics.
- Gavin Wright, 1999. "Can a Nation Learn? American Technology as a Network Phenomenon," NBER Chapters, in: Learning by Doing in Markets, Firms, and Countries, pages 295-332 National Bureau of Economic Research, Inc.
- N. F. R. Crafts & C. Knick Harley, 2002.
"Precocious British Industrialization: A General Equilibrium Perspective,"
UWO Department of Economics Working Papers
200213, University of Western Ontario, Department of Economics.
- Nicholas Crafts & C. Knick Harley, 2002. "Precocious British industrialization: a general equilibrium perspective," Economic History Working Papers 22368, London School of Economics and Political Science, Department of Economic History.
- Wright, Gavin, 1990. "The Origins of American Industrial Success, 1879-1940," American Economic Review, American Economic Association, vol. 80(4), pages 651-68, September.
- Wright, Gavin, 1997. "Towards a More Historical Approach to Technological Change," Economic Journal, Royal Economic Society, vol. 107(444), pages 1560-66, September.
- repec:cup:jechis:v:60:y:2000:i:03:p:819-841_00 is not listed on IDEAS
- Hatton, Timothy J. & Williamson, Jeffrey G., 1991. "Unemployment, employment contracts, and compensating wage differentials: michigan in the 1890s," The Journal of Economic History, Cambridge University Press, vol. 51(03), pages 605-632, September.
- Crafts, Nicholas, 2002. "The Solow Productivity Paradox in Historical Perspective," CEPR Discussion Papers 3142, C.E.P.R. Discussion Papers.
- Hatton, Timothy J. & Williamson, Jeffrey G., 1991. "Integrated and Segmented Labor Markets: Thinking in Two Sectors," The Journal of Economic History, Cambridge University Press, vol. 51(02), pages 413-425, June.
When requesting a correction, please mention this item's handle: RePEc:cje:issued:v:36:y:2003:i:4:p:809-831. 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: (Prof. Werner Antweiler)
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.