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 10-32, Discussion Papers from University of Copenhagen. Department of Economics

Abstract: 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
Date: 2010-11
New Economics Papers: this item is included in nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
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 (2011)
Working Paper: The role of technology and institutions for growth: Danish creameries in the late nineteenth century (2010)
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