This paper builds a model of growth through industrialization, as machines replace workers in a growing number of tasks … unboundedly. The mechanism that drives growth is the feedback between industrialization and wages. High wages are incentives to … use machines and industrialize, while industrialization raises wages. The model shows that industrialization and growth …

Industrialization allowed the industrialized world of today to escape from a regime characterized by low economic and … industrialization requires rising growth of agricultural total factor productivity. This result is in marked contrast to previous work … within a similar framework - but with a constant population - which came to the conclusion that industrialization requires …

phase, aristocratic political systems prevail, while democracies tend to emerge with industrialization. At the same time the …

-industrial economies. The hump-shaped relationship between industrialization (measured by employment or output shares) and incomes has … shifted downwards and moved closer to the origin. This means countries are running out of industrialization opportunities …

introduction to the Old World from the Americas, to estimate the impact of potatoes on Old World population and urbanization. Our …