While the influence of neighborhoods on later life outcomes is well documented, the historical processes that shaped the growth and social makeup of urban areas are less understood. We address this by analyzing newly compiled geocoded data covering the entire population of Stockholm from 1878 to...

Why does industrialization in some cases generate social consolidation and in other cases political conflict? This paper argues that the answer depends on how industrial finance is allocated. I develop a dynamic political-economy model in which the government channels external liquidity into...

This paper examines Indonesia's upgrading within the global nickel value chain. Indonesia's transformation from a major nickel ore exporter into an integrated producer of refined nickel products offers important lessons for resource-rich developing countries seeking economic diversification....

Gerschenkron (1962) argued that public institutions such as the State Bank of the Russian Empire spurred the country's industrialization. We test this assertion by exploiting plant-level variation in access to State Bank branches using a unique geocoded factory data set. Employing an...

Industrialization boosts aggregate incomes, but its distributional effects remain debated. We study the impact of coal-driven industrialization on unskilled labor incomes using novel panel data on wages from 667 Prussian localities (1800-1879), extended with county-level data through 1914....

This study investigated how trade openness influenced the connection between industrialization and emissions of carbon in Sub-Saharan Africa (SSA). We utilized purposive sampling technique to select 28 SSA countries from 2003 to 2021. The study used Generalised Methods of Moments as the main...

How does economic modernization affect group identity? Modernization theory emphasizes how labor migration led to the adoption of common identities. Yet economic development may reduce incentives to emigrate, preserving local cultures. We study England and Wales during the Second Industrial...

We provide evidence that financial distress induces firms to sell their technology to foreign competitors. To do so, we construct a novel, spatial panel dataset by individually researching and locating U.S. firms who signed Technology Transfer Agreements (TTAs) with the Soviet Union during the...

Exploiting the economic dividends of the mega-infrastructure investments related to the Belt and Road Initiative as a timely global South-South cooperation model, this study follows the New Structural Economics theory to examine the effects of the BRI membership on Africa's industrialization. A...

The process of industrialization is typically associated with urbanization and a widening urban-rural skills gap. To what extent were these disparities driven by the direct impact on occupational attainment of living in an urban area or the result of the positive selfselection of more-skilled...

This paper aims to deepen understanding and knowledge regarding the impact of foreign direct investment (FDI) on the industrialization process. Many developing countries aspire to shift from agriculture-centric economies to achieve sustainable development through industrialization. Realizing...

This paper empirically assesses Saudi Arabia’s industrial policy using data on policy announcements matched to industry-level exports and firm-level outcomes. It first provides a comprehensive overview of the country’s industrial policy landscape, documenting the scale, timing, sectoral...

This study investigates the relationship between foreign direct investment (FDI), institutional quality, industrialization, and carbon emissions across 48 high-income and 37 upper-middle-income countries for the years 2002 to 2022 by employing panel quantile regression analysis using R software....

The Hard Steps model is applied to argue that the Industrial Revolution (IR) heralded a terminal phase of human existence. Assuming six hard steps, the Kolmogorov-Smirnov method is used to pinpoint the start of the IR to ≈ year 1700. Once these hard steps were cleared, the global economy...

According to the Italian philosopher Tilgher (1922), the birth of the bourgeois society during the Pre-Industrial era involved the replacement of the Ancient Man by the Modern Man, and consisted of a reorienta- tion of efforts from spiritual exercises developing the inner self (what Marcus...

While the influence of neighborhoods on later life outcomes is well documented, the historical processes that shaped the growth and social makeup of urban areas are less understood. We address this by analyzing newly compiled geocoded data covering the entire population of Stockholm from 1878 to...

This study investigates the relationship between foreign direct investment (FDI), institutional quality, industrialization, and carbon emissions across 48 high-income and 37 upper-middle-income countries for the years 2002 to 2022 by employing panel quantile regression analysis using R software....

Gender equality and economic growth have historically tended to move together yet identifying causal effects has been difficult. This paper uses data on the support for female suffrage in Switzerland in order to explore the impact of technology adoption on gender norms. We argue that the early...

This research examines the impact of industrial agglomeration on the productivity of SMEs in Vietnam, using FE regression for panel data and the PSM method. The study utilizes data from the General Statistics Office of Vietnam (2016-2020) and the OECD's TiVA database. The findings highlight the...

La reprise économique de l’Afrique subsaharienne, amorcée après plusieurs chocs mondiaux successifs, s’essouffle. Les prévisions de croissance pour 2026 ont été revues à la baisse par rapport à celles publiées en octobre 2025. Les retombées géopolitiques du conflit au...

China's resurgent trade surplus has revived concern in the United States and Europe, but its development consequences for low and middle income (LMIC) countries remain underappreciated. This paper documents a "China Squeeze": the compression of industrialization space available to poorer...

The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China proposed "to enhance the integration level of modern services with advanced manufacturing and modern agriculture." The integration of modern services with modern agriculture serves as the primary driver...

Industrialization is key for economic development but how it interacts with climate change mitigation is insufficiently understood. However, this relationship is important for scenarios of climate change mitigation, such as reviewed by the International Panel for Climate Change (IPCC), that seek...

Significant discrepancies in electricity pricing are observed across countries, particularly between industrial and household rates. Although the literature studies the relationship between electricity prices and economic performance, little empirical evidence exists on how electricity price...

Objective: The objective of the article is to determine how artificial intelligence (AI) influences and can influence changes in the value-creation model in the economy. Research Design & Methods: The article is theoretical and conceptual, based on a literature review and the author's knowledge...

Economic complexity is an indicator that measures the diversity and sophistication of the production structure of a country's economy. This concept is an important tool for economic development and international competitiveness. This study investigates the long-run effects of digitalization,...

How does revolutionary technological change impact wealth inequality? We turn to the mother of all technological shocks–the Industrial Revolution–and analyze its role for wealth concentration both empirically and theoretically. Based on a novel dataset on wealth shares at the level of...