Incentives, Institutions, and Industrialization: A Prelude to Modern Economic Growth

Joel Mokyr

Rivista di storia economica, 2022, issue 2, 127-146

Abstract: There is a growing consensus that modern economic growth is in large part due to growth-enhancing institutions. Does such an approach help explain the British Industrial Revolution, which was the wellspring of the Great Enrichment? A number of widely discussed institutional mechanisms are discussed, with a special emphasis on the importance of institutions that supported the market for human capital in the form of apprenticeship that created the skilled artisans and mechanics that constituted an essential part of British precocity

Keywords: Technological change; institutions; economic growth; human capital (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1410/104377 (application/pdf)
https://www.rivisteweb.it/doi/10.1410/104377 (text/html)
Access to full text is restricted to subscribers

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: https://EconPapers.repec.org/RePEc:mul:jrkmxm:doi:10.1410/104377:y:2022:i:2:p:127-146

Access Statistics for this article

Rivista di storia economica is currently edited by P.L. Ciocca, G. Federico, G. Toniolo (resp.)

More articles in Rivista di storia economica from Società editrice il Mulino
Bibliographic data for series maintained by ().