EconPapers    
Economics at your fingertips  
 

Dual revolution and Saxon cotton industry fixed geographical distribution, guild regulation, and quality improving spirits

Seiji Horii

MPRA Paper from University Library of Munich, Germany

Abstract: Economic history studies often assume that the guild system has a negative impact on economic development and technological innovation. Some argue that the spillover introduction of liberal institutions from the French Revolution into Germany had a lasting effect on the latter country’s economic development. However, Saxony is a good counterexample to their argument. This paper shows that in both the short and the long run, geographical distribution of cotton production remained unaffected and emerged as a powerful center for the textile industry. In terms of production volume, the indirect impact of the French Revolutionary War and the direct impact of the Industrial Revolution were enormous. In the short run, institutional aspects such as guild regulations did not have a significant impact on the Saxon textile industry. However, in the long run, it is likely that the regulations restricted the industry’s development. Despite guild regulations, industrial promotion policy by government can stimulate “quality improving spirits.” Saxony's trade policy is not a story that can be concluded by the dichotomy of the introduction or non-introduction of freedom of trade. Therefore, dummy variables such as 0 or 1 for the introduction or non-introduction of freedom of trade trivialize the discussion.

Keywords: guild; cotton industry; French Revolution; Industrial Revolution; entrepreneurship (search for similar items in EconPapers)
JEL-codes: N00 N63 N73 N93 (search for similar items in EconPapers)
Date: 2023-05-01
New Economics Papers: this item is included in nep-des and nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/117204/1/Dual%20re ... roving%20spirits.pdf original version (application/pdf)

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:pra:mprapa:117204

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2025-03-30
Handle: RePEc:pra:mprapa:117204