"For over a century now, historians have debated the causes of the lagged industrialization of the Dutch economy during the nineteenth century. To this debate, Trials of Convergence brings the analytical perspective of prices, factor costs and the functioning of markets. Its critical insight is...

Trials of Convergence analyses the nineteenth century industrialization of the Netherlands from the perspective of prices and factor costs. It shows that its retarded transition was due to the confluent effect of open economy forces, endowments and the erratic adjustment of economic and fiscal...