Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14077 |
来源ID | Working Paper 14077 |
Made in America? The New World, the Old, and the Industrial Revolution | |
Gregory Clark; Kevin H. O'; Rourke; Alan M. Taylor | |
发表日期 | 2008-06-10 |
出版年 | 2008 |
语种 | 英语 |
摘要 | For two decades, the consensus explanation of the British Industrial Revolution has placed technological change and the supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it provided. We test both hypotheses using calibrated general equilibrium models of the British economy and the rest of the world for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was trade with the rest of the world, not the American colonies, that allowed Britain to export its rapidly expanding textile output and achieve growth through extreme specialization in response to shifting comparative advantage. |
主题 | International Economics ; Trade ; International Macroeconomics ; History ; Macroeconomic History ; Other History ; Development and Growth ; Growth and Productivity |
URL | https://www.nber.org/papers/w14077 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571751 |
推荐引用方式 GB/T 7714 | Gregory Clark,Kevin H. O',Rourke,et al. Made in America? The New World, the Old, and the Industrial Revolution. 2008. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w14077.pdf(510KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。