Spinning Welfare: the Gains from Process Innovation in Cotton and Car Production
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- Tim Leunig & Joachim Voth, 2011. "Spinning welfare: The gains from process innovation in cotton and car production," Economics Working Papers 1352, Department of Economics and Business, Universitat Pompeu Fabra.
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More about this item
Keywords
Process innovations; new goods; welfare; consumer surplus; mechanisation; mass production; automobiles; cotton; industrial revolution; second industrial revolution;All these keywords.
JEL classification:
- N22 - Economic History - - Financial Markets and Institutions - - - U.S.; Canada: 1913-
- N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-
- O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-HIS-2011-05-30 (Business, Economic & Financial History)
- NEP-INO-2011-05-30 (Innovation)
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