The role of technology and institutions for growth: Danish creameries in the late nineteenth century
Ingrid Henriksen (),
Markus Lampe and
Paul Sharp ()
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Ingrid Henriksen: Department of Economics, University of Copenhagen
No 1, Working Papers from European Historical Economics Society (EHES)
We consider the relative contributions of changing technology and institutions for economic growth through the investigation of a natural experiment in history: the almost simultaneous introduction of the automatic cream separator and the cooperative ownership form in the Danish dairy industry from around 1880. Using a new database of statistics from creameries and the tool of stochastic frontier analysis, we find that both institutions and technology were important for the success of the Danish dairy industry and, by implication, the growth and early development of the Danish economy.
Keywords: Creameries; dairies; Denmark; development; economic growth; institutions; technology; stochastic frontier analysis (search for similar items in EconPapers)
JEL-codes: L2 N5 O3 Q1 (search for similar items in EconPapers)
Pages: 29 pages
New Economics Papers: this item is included in nep-eff
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Journal Article: The role of technology and institutions for growth: Danish creameries in the late nineteenth century (2011)
Working Paper: The role of technology and institutions for growth: Danish creameries in the late nineteenth century (2010)
Working Paper: The Role of Technology and Institutions for Growth: Danish Creameries in the late Nineteenth Century (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:hes:wpaper:0001
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