Can state-owned banks spur development? Gerschenkron (1962) identified the State Bank of the Rus- sian Empire as the main institutional driver of the country's catch-up industrialization. In this paper, we test this assertion by evaluating the outcome of a policy experiment (1892-1903) under the...

Purpose: This study analyzes the production inducement effect and industrial linkage structure of the land transport industries using input-output analysis. In particular, the focus of research is to confirm the link between the land transport industries and the distribution industry in the...

We examine the role of universities in knowledge production and industrial change using historical evidence. Political shocks led to a profound pro-science shift in German universities around 1800. To study the consequences, we construct novel microdata. We find that invention and manufacturing...

In the study of the North Korean economy, industrial and business activities still remain uncharted territory. They are the most basic components of an economy, yet the scarcity of information makes those in North Korea almost impossible to understand from the outside world. Today, the general...

In the study of the North Korean economy, industrial and business activities still remain uncharted territory. They are the most basic components of an economy, yet the scarcity of information makes those in North Korea almost impossible to understand from the outside world. Today, the general...

This paper shows that 19th-century industrialization is an important determinant of the significant changes in Germany’s economic geography observed in recent decades. Using novel data on economic activity in 163 labor market regions in West Germany, we establish that nearly half of them...

The fourth industrial revolution: Industry 4.0 (I4.0) represents a new wave of innovative business models that offer a wide range of opportunities. I4.0 is one of the most promising technologies for creating jobs, increasing the competitiveness of industries, and making development easier in...

Economic agglomeration and industrial clusters have always been part of industrialization and economic development. Since the 1960s, industrial hubs have proliferated in Asia, driven by policies to foster economic catch-up and structural transformation. Industrial hubs are relatively new to...

This paper utilizes a survey of the US manufacturing firms from 1832 to investigate the structure of manufacturing investment during early industrialization. Although several manufacturing industries, such as cotton textiles, depart from the pattern, most appear to have devoted the hulk of their...

We explore how firms grow by adding products. In contrast to most earlier work on the topic, our conceptual and empirical framework allows for separate treatment of product innovation (vertical differentiation) and diversification (horizontal differentiation). The market context is Japan’s...

This article documents the impact of the Brazilian railway network on structural transformation between the late nineteenth and middle twentieth century. We exploit variation induced by geographic location, where municipalities near the least-cost routes were more likely to be connected to...

Networks of Church and State that originated in premodern times played an important role as conduits for the transmission of cultural values that have endured into the present and set the economic history of China apart from that of Europe. The imprints of those networks, which preceded the...

We use new data on manufacturing in Canada to quantify the impact of globalization on the growth and composition of industrialization in the second half of the nineteenth century. We find that industries and regions more exposed to international trade experienced faster growth. Consistent with...

Industrialization experiences differ substantially across countries. We use a benchmark model of structural change to shed light on the sources of this heterogeneity and, in particular, the phenomenon of premature deindustrialization. Our analysis leads to three key findings. First, benchmark...

Research background: The article explicates the approach of assessing the factors of innovation cooperation of Ukraine and Scandinavian countries in the face of the new industrial revolution.Purpose of the article: The paper aims to assess the current state of cooperation between Ukraine and...

This paper aims to explore the heterogeneous effect of industrial policy on the technological innovation of enterprises in China' s metal new material industry (CMNMI) based on system Generalized Method of Moment (GMM) model. This study analyzes the effects of single policy instruments,...

Abstract. The purpose of the research article involves the study of industrial parks, on the one hand, as an institution and an instrument of industrial development, on the other hand, as a factor affecting the productivity and effectiveness of regional state industrial policy.The research...

The defense economy as an economy that has an important role, of course, in its journey faces challenges, especially the low national Research and Development budget of 1% of GDP/Per Capita. Director-General of Research and Development (R&D) Kemenristekdikti Muhammad Dimyati previously said that...

Mainstream explanations for the East Asian miracle often neglect the role of inclusive economic institutions. This study examines how an inclusive banking institution established in Taiwan under Japanese colonial rule (1895-1945) boosted the Chinese Nationalist government’s capacity to promote...

This paper studies the causal effect of technology and knowledge transfers on early industrial development. Between 1950 and 1957, the Soviet Union supported the “156 Projects” in China for building technologically advanced industrial facilities. We exploit idiosyncratic delays in project...

This essay places the debate over human welfare during industrialization in the context of very long-term economic developments by examining an important aspect of living standards--health and nutrition--since the Middle Ages. I use average stature determined from military records along with a...

Using a large, individual-level wage data set, we examine the impact of a major technological innovation the steam engine on skill demand and the wage structure in the merchant shipping industry. We find that the technical change created a new demand for skilled workers, the engineers, while...

This paper shows that 19th-century industrialization is an important determinant of the significant changes in Germany's economic geography observed in recent decades. Using novel data on economic activity in 163 labor market regions in West Germany, we establish that nearly half of them...

We investigate the unique role and mechanisms of industry growth in firms’ risk-taking policies. We find that industry growth is negatively associated with corporate risk-taking, consistent with the prospect theory that a high-growth industry gives firms a superior external environment, which...

Technological advances of the fourth industrial revolution (4IR) threaten Southeast Asian countries’ industrialization model and expose its workforce to the risk of substitution. Using the Dynamic Pattern Synthesis method to ascertain how Southeast Asian countries are prepared to face these...

This study explores to what extent the COVID-19 crisis has been a turning point in the industrialisation process and the overall progress of countries towards sustainable development and what this implies for future inclusive and sustainable industrial development policies. The focus of the...

As part of its 2040 Development Strategy, the Sultanate of Oman aims at industrial diversification. This shall allow the country to overcome its dependence on petroleum exports and to create employment for its fast-growing population. The development of a sustainable system of technical and...

This paper presents new data on the sources of growth for the Japanese economy over the period 1960- 2000. The principal innovation is the incorporation of detailed information for individual industries, including those involved in the production of computers, communications equipment, and...

Using a panel data set of county-level employment in machinery, electrical machinery, primary metals, transportation, and instruments, this paper analyzes the role of dynamic externalities for individual industries. Key issues examined include the role of externalities from own industry...

Using extensive data on 1970 and 1987 urban characteristics, the paper analyzes changes in employment in specific manufacturing industries in cities between 1970 and 1987. Two sets of questions are the focus. First, what present or past characteristics of a city's economic environment are...

We employ the 1860 Census of Manufactures to study rural antebellum manufacturing in the South and Midwest, and find that manufacturing output per capita was similar across regions in counties specialized in the same agricultural products. The southern deficit in manufactures per capita appears...

Over the past 20 years, CJK's industries in the materials, parts and equipment have grown significantly and led a major change in the global value chain (GVC). The spillover effects of all three countries to each other increased in these industries, and China’s influence has continued to rise...

As measured by the pace of city growth in western Europe from 1000 to 1800. absolutist monarchs stunted the growth of commerce and industry. A region ruled by an absolutist prince saw its total urban population shrink by one hundred thousand people per century relative to a region without...

The governments of different countries, regardless of the level of economic growth, try to pursue a policy of macroeconomic management to achieve better economic performance, to increase the level of business activity, to optimize control system and, ultimately, to ensure a better quality of...

China’s emerging industries have a great need for development in terms of technological innovation and national development and play a leading role in the long-term development of the society as a whole. The emerging industries announced last year by China’s National Bureau of Statistics...

The methodology of regional science is traditionally based on a sound mix of conceptual framing and operational (or applied) analysis. In recent years, we have witnessed an avalanche of new empirical data used in regional science research (e.g., social media, ‘big data’, sensor data, App...

The United States differed dramatically from Britain in the way manufacturing was organized during early industrialization. Even before widespread mechanization, American production was almost exclusively from centralized plants, whereas the British and other European economies were...

The ASEAN members Cambodia, Lao DPR, and Myanmar have been classified by the United Nations as least developed countries, with many of their citizens living below the poverty line, and its workers predominantly rural. This paper seeks to ascertain how these 3 countries can benefit from the 4th...

This paper reviews the literature on the relationship between gender (in)equality and industrialization in the context of developing countries. It documents past developments, accounting for pre-industrial preconditions that might explain current differences in gender roles across societies....

This paper examines the role of late nineteenth century U.S. tariffs in promoting infant industries by focusing on the much heralded example of the tinplate industry. After earlier failures, the tinplate industry became established and flourished after receiving protection in the McKinley tariff...