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The Start Up Of Modern Industry In Romania – 1886-1914

Author

Listed:
  • Victor AXENCIUC

    () (Institute of National Economy)

Abstract

Based on an ample documentation and on novel analysis, the study exceeds the current opinions existing in the literature about the delayed character of mechanisation absorption within Romania’s agricultural economy. Based on statistical data, it deals with the dynamics of a rapid and massive process of introducing mechanization in production and transports due to the contribution of the foreign capitals and of the Romanian state. On this background the change in the old industrial system, based on manual technique and labour into the modern industrial system was triggered - the mechanized industry gaining predominance in just three decades 1886-1914 within the system.

Suggested Citation

  • Victor AXENCIUC, 2008. "The Start Up Of Modern Industry In Romania – 1886-1914," Romanian Journal of Economics, Institute of National Economy, vol. 26(1(35)), pages 180-194, June.
  • Handle: RePEc:ine:journl:v:1:y:2008:i:26:p:180-194
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    More about this item

    Keywords

    industrial revolution; industrial system; mechanized technique; change; industrialisation;

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925

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