Innovation and Productivity Advances in British Agriculture: 1620–1850
James Ang (),
Rajabrata Banerjee and
Jakob Madsen ()
Southern Economic Journal, 2013, vol. 80, issue 1, 162-186
Theory, historiography, and empirical evidence suggest that agriculture is the key to economic development. This article examines the extent to which productivity advances in British agriculture during the period 1620–1850 were driven by technological progress. Measuring technology by patents and new book titles on agricultural methods, the results are consistent with endogenous growth theory, indicating that technological progress has played a significant role in agricultural productivity advances.
JEL-codes: O30 O40 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:sej:ancoec:v:80:1:y:2013:p:162-186
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