Citation

Discussion Paper Details

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Title: Technology-Skill Complementarity in Early Phases of Industrialization

Author(s): Raphaël Franck and Oded Galor

Publication Date: February 2017

Keyword(s): Economic Growth, Human Capital, Industrialization, Steam Engine and Technology-Skill Complementarity

Programme Area(s): Economic History and Macroeconomics and Growth

Abstract: The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that, in contrast to conventional wisdom that views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human capital formation, generating wide-ranging gains in literacy rates and educational attainment.

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Bibliographic Reference

Franck, R and Galor, O. 2017. 'Technology-Skill Complementarity in Early Phases of Industrialization'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=11865