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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15174 |
DP15174 The Race between Population and Technology: Real wages in the First Industrial Revolution | |
Nicholas Crafts; Terence Mills | |
发表日期 | 2020-08-17 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We investigate a structural model of demographic-economic interactions for England during 1570 to 1850. We estimate that the annual rate of population growth consistent with constant real wages was 0.4 per cent before 1760 but 1.5 per cent thereafter. We find that exogenous shocks increased population growth dramatically in the early decades of the Industrial Revolution. Simulations of our model show that if these demographic shocks had occurred before the Industrial revolution the impact on real wages would have been catastrophic and that these shocks were largely responsible for very slow growth of real wages during the Industrial Revolution. |
主题 | Economic History |
关键词 | Epidemic disease Industrial revolution Malthusian checks Nuptiality Population growth Real wages Technological progress |
URL | https://cepr.org/publications/dp15174 |
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/544144 |
推荐引用方式 GB/T 7714 | Nicholas Crafts,Terence Mills. DP15174 The Race between Population and Technology: Real wages in the First Industrial Revolution. 2020. |
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