Why England? Demographic Factors, Structural Change and Physical Capital Accumulation during the Industrial Revolution
Journal of Economic Growth 11, pp. 319-361 (2006)
Abstract
Why did England industrialize first? And why was Europe ahead of the rest of the world? We present a probabilistic two-sector model where the initial escape from Malthusian constraints depends on the demographic regime.
Nico Voigtländer, Hans-Joachim Voth (2006). “Why England? Demographic Factors, Structural Change and Physical Capital Accumulation during the Industrial Revolution.” Journal of Economic Growth.