Back to Search
Start Over
The first industrial revolution: a guided tour for growth economists
- Source :
- American Economic Review. May, 1996, Vol. 86 Issue 2, p197, 5 p.
- Publication Year :
- 1996
-
Abstract
- The UK industrial revolution that occurred in 1760-1830 can be effectively analyzed by growth economists using models that incorporate total-factor-productivity (TFP) growth. The endogenous-innovation model developed by Young (1993) contains characteristics that complement historical events. However, TFP-based models should not give unnecessary emphasis to research & development issues.
- Subjects :
- Economic development -- Models
Industrial development -- Models
Business
Economics
Subjects
Details
- ISSN :
- 00028282
- Volume :
- 86
- Issue :
- 2
- Database :
- Gale General OneFile
- Journal :
- American Economic Review
- Publication Type :
- Academic Journal
- Accession number :
- edsgcl.18427415