MARC Record from Library of Congress

LEADER: 02055nam a22003017a 4500
001 2008610902
003 DLC
005 20080813083321.0
007 cr |||||||||||
008 080711s2008 mau sb 000 0 eng
010 $a 2008610902
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aClark, Gregory,$d1957-
245 10 $aMade in america?$h[electronic resource]$bthe new world, the old, and the industrial revolution /$cGregory Clark, Kevin H. O'Rourke, Alan M. Taylor.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2008.
490 1 $aNBER working paper series ;$vworking paper 14077
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 7/11/2008.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"For two decades, the consensus explanation of the British Industrial Revolution has placed technological change and the supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it provided. We test both hypotheses using calibrated general equilibrium models of the British economy and the rest of the world for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was trade with the rest of the world, not the American colonies, that allowed Britain to export its rapidly expanding textile output and achieve growth through extreme specialization in response to shifting comparative advantage"--National Bureau of Economic Research web site.
700 1 $aO'Rourke, Kevin H.
700 1 $aTaylor, Alan M.,$d1964-
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 14077.
856 40 $uhttp://papers.nber.org/papers/w14077