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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...
Persistent link: https://www.econbiz.de/10011309633
This research explores the long-run effect of industrialization on the process of development. In contrast to conventional wisdom that views industrial development as a catalyst for economic growth, highlighting its persistent effect on economic prosperity, the study establishes that while the...
Persistent link: https://www.econbiz.de/10010518787
Empirical evidence on the historical role of Compulsory Schooling Laws (CSL) for the spread of mass education is mixed at best. This is also due to the difficulty of identifying exogenous variation in the application of CSL. We exploit an almost unique feature of a CSL in 1877 Italy which was...
Persistent link: https://www.econbiz.de/10015438637
behave as if they maximize their net biomass subject to constraints which express the organisms risk of being preyed upon … during predation. Like consumers, organisms face a budget constraint requiring their expenditure on prey biomass not to … exceed their revenue from supplying own biomass. Short-run ecosystem equilibria are defined and derived. The net biomass …
Persistent link: https://www.econbiz.de/10011507918