Showing 11 - 20 of 952
The paper explores the link between international economic integration and technological capability in colonial India. The example of iron industry shows that many new ideas and skills flowed into India from Europe, but not all met with commercial success. The essay suggests that in those fields...
Persistent link: https://www.econbiz.de/10005870462
In England, across the whole period of the Great Debasement, the mint issued six different kinds of silver coins and three kinds of gold coins. According to Gresham’s Law, coins with the same face value but different intrinsic values can not circulate side by side for too long: only those...
Persistent link: https://www.econbiz.de/10005870464
Leaving home and entering service was a key transition in early modern England. This paper presents evidence on the age of apprenticeship in London. Using a new sample of 22,156 apprentices bound between 1575 and 1810, we find that apprentices became younger (from 17.4 to 14.7 years) and more...
Persistent link: https://www.econbiz.de/10005870468
This article offers a critical review of recent literature on Chinese legal tradition and argues that some subtle but fundamental differences between the Western and Chinese legal traditions are highly relevant to our explanation of the economic divergence in the modern era. By elucidating the...
Persistent link: https://www.econbiz.de/10005870473
This paper develops data on the history of wages and prices in Beijing, Canton, Suzhou/Shanghai in China from the eighteenth century to the twentieth and compare them with leading cities in Europe, Japan and India in terms of nominal wages, the cost of living, and the standard of living. In the...
Persistent link: https://www.econbiz.de/10005870478
This article mobilizes and integrates both existing and new time series data on real wages, physical heights and age-heaping to examine the long-term trend of living standards and human capital for China during the eighteenth to twentieth centuries. Our findings confirm the existence of a...
Persistent link: https://www.econbiz.de/10005870480
This paper revisits Bairoch’s hypothesis that in the late 19th century tariffs were positively associated with growth, as recently confirmed by a new generation of quantitative studies (see O`Rourke (2000), Jacks (2006) and Clemens-Williamson (2002, 2004)). This paper highlights the importance...
Persistent link: https://www.econbiz.de/10005870482
This paper identifies the absence of both sub-continentally oriented histories which knit together the land and sea trades, and convincing explanations of the persistence of the Indo-Central Asian trade (for example) despite the growing Indo-European trade from the seventeenth-century. The...
Persistent link: https://www.econbiz.de/10005870483
When taking into account time, services can experience similar productivity gains as manufacturing. Motion pictures constituted the first technology that industrialized a labour-intensive service. Measuring output in time spent consuming them doubles output growth from 4.2 to as much as 9...
Persistent link: https://www.econbiz.de/10005870487
This paper uses recently digitised samples of apprentices and masters in London and Bristol to quantify the practice of apprenticeship in the late 17th century. Apprenticeship appears much more fluid than is traditionally understood. Many apprentices did not complete their terms of indenture;...
Persistent link: https://www.econbiz.de/10005870488