Technology-skill complementarity in the early phase of industrialization

Raphae͏̈l Franck (Bar-Ilan University and Brown University), Oded Galor (Brown University and IZA)

The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that, in contrast to conventional wisdom that views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human capital formation, generating broad increases in literacy rates and educational attainment.

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Year of publication:	February 2016
Authors:	Franck, Raphaël ; Galor, Oded
Publisher:	Bonn, Germany : IZA
Subject:	technology-skill complementarity \| economic growth \| industrialization \| human capital \| steam engine \| Humankapital \| Human capital \| Industrialisierung \| Industrialization \| Wirtschaftswachstum \| Economic growth \| Dampfmaschine \| Steam engine \| Frankreich \| France \| Technischer Fortschritt \| Technological change