DP11865 Technology-Skill Complementarity in Early Phases of Industrialization
|Author(s):||Raphaël Franck, Oded Galor|
|Publication Date:||February 2017|
|Keyword(s):||Economic Growth, Human Capital, Industrialization, Steam Engine, Technology-Skill Complementarity|
|JEL(s):||N33, N34, O14, O33|
|Programme Areas:||Economic History, Macroeconomics and Growth|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=11865|
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.