Economics at your fingertips  

Flexible Supply of Apprenticeship in the British Industrial Revolution

Nadav Ben Zeev, Joel Mokyr and Karine van der Beek ()

The Journal of Economic History, 2017, vol. 77, issue 1, 208-250

Abstract: We use annual information on apprenticeships in England between 1710–1805 to estimate the dynamic supply-responsiveness in this market in the presence of the increasingly powerful technological shocks as the Industrial Revolution proceeded apace. Using both an Instrumental Variable method and a dynamic Vector Autoregression framework (VAR) system to identify the long-run response functions, we find evidence of an elastic supply, sufficiently high as to allow quantities to rise considerably in response to demand shocks. This finding lends support to the view that Britain's apprenticeship institution was the source of its advantage in skilled mechanical labor, so critical to its economic success.

Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (22) Track citations by RSS feed

Downloads: (external link) ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in The Journal of Economic History from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Keith Waters ().

Page updated 2021-04-12
Handle: RePEc:cup:jechis:v:77:y:2017:i:01:p:208-250_00