| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28623 |
| 来源ID | Working Paper 28623 |
| When Did Growth Begin? New Estimates of Productivity Growth in England from 1250 to 1870 | |
| Paul Bouscasse; Emi Nakamura; Jón Steinsson | |
| 发表日期 | 2021-03-29 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We provide new estimates of the evolution of productivity in England from 1250 to 1870. Real wages over this period were heavily influenced by plague-induced swings in the population. We develop and implement a new methodology for estimating productivity that accounts for these Malthusian dynamics. In the early part of our sample, we find that productivity growth was zero. Productivity growth began in 1600—almost a century before the Glorious Revolution. Post-1600 productivity growth had two phases: an initial phase of modest growth of 4% per decade between 1600 and 1810, followed by a rapid acceleration at the time of the Industrial Revolution to 18% per decade. Our evidence helps distinguish between theories of why growth began. In particular, our findings support the idea that broad-based economic change preceded the bourgeois institutional reforms of 17th century England and may have contributed to causing them. We also estimate the strength of Malthusian population forces on real wages. We find that these forces were sufficiently weak to be easily overwhelmed by post-1800 productivity growth. |
| 主题 | History ; Macroeconomic History ; Development and Growth ; Development ; Growth and Productivity |
| URL | https://www.nber.org/papers/w28623 |
| 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/586296 |
| 推荐引用方式 GB/T 7714 | Paul Bouscasse,Emi Nakamura,Jón Steinsson. When Did Growth Begin? New Estimates of Productivity Growth in England from 1250 to 1870. 2021. |
| 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 | ||
| w28623.pdf（822KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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