| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12822 |
| DP12822 Capital-Skill Complementarity and the Emergence of Labor Emancipation | |
| Francesco Cinnirella; Quamrul Ashraf; Oded Galor; Erik Hornung | |
| 发表日期 | 2018-03-27 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | This paper advances a novel hypothesis regarding the historical roots of labor emancipation. It argues that the decline of coercive labor institutions in the industrial phase of development has been an inevitable by-product of the intensification of capital-skill complementarity in the production process. In light of the growing significance of skilled labor for fostering the return to physical capital, elites in society were induced to relinquish their historically profitable coercion of labor in favor of employing free skilled workers, thereby incentivizing the masses to engage in broad-based human capital acquisition, without fear of losing their skill premium to expropriation. In line with the proposed hypothesis, exploiting a plausibly exogenous source of variation in proto-industrialization across regions of nineteenth-century Prussia, the initial abundance of elite-owned physical capital that also came to be associated with skill-intensive industrialization is shown to have contributed to the subsequent intensity of de facto serf emancipation. |
| 主题 | Development Economics ; Economic History ; Macroeconomics and Growth |
| 关键词 | Labor coercion Serfdom Emancipation Industrialization Physical capital accumulation Capital-skill complementarity Demand for human capital Nineteenth-century prussia |
| URL | https://cepr.org/publications/dp12822 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541632 |
| 推荐引用方式 GB/T 7714 | Francesco Cinnirella,Quamrul Ashraf,Oded Galor,et al. DP12822 Capital-Skill Complementarity and the Emergence of Labor Emancipation. 2018. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
