Clans, Guilds, and Markets: Apprenticeship Institutions and Growth in the Preindustrial Economy

David de la Croix, Matthias Doepke and Joel Mokyr

The Quarterly Journal of Economics, 2018, vol. 133, issue 1, 1-70

Abstract: In the centuries leading up to the Industrial Revolution, Western Europe gradually pulled ahead of other world regions in terms of technological creativity, population growth, and income per capita. We argue that superior institutions for the creation and dissemination of productive knowledge help explain the European advantage. We build a model of technological progress in a preindustrial economy that emphasizes the person-to-person transmission of tacit knowledge. The young learn as apprentices from the old. Institutions such as the family, the clan, the guild, and the market organize who learns from whom. We argue that medieval European institutions such as guilds, and specific features such as journeymanship, can explain the rise of Europe relative to regions that relied on the transmission of knowledge within closed kinship systems (extended families or clans).

Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (50)

Downloads: (external link)
http://hdl.handle.net/10.1093/qje/qjx026 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Clans, Guilds, and Markets: Apprenticeship Institutions and Growth in the Pre-Industrial Economy (2016)
Working Paper: Clans, Guilds, and Markets: Apprenticeship Institutions and Growth in the Pre-Industrial Economy (2016)
Working Paper: Clans, Guilds, and Markets: Apprenticeship Institutions and Growth in the Pre-Industrial Economy (2016)
Working Paper: Clans, Guilds, and Markets: Apprenticeship Institutions and Growth in the Pre-Industrial Economy (2016)
Working Paper: Clans, Guilds, and Markets: Apprenticeship Institutions and Growth in the Pre-Industrial Economy (2016)
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:oup:qjecon:v:133:y:2018:i:1:p:1-70.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

More articles in The Quarterly Journal of Economics from President and Fellows of Harvard College
Bibliographic data for series maintained by Oxford University Press ().