Skip Navigation

This Article
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by GREASLEY, D.
Right arrow Articles by OXLEY, L.
Right arrow Search for Related Content
Related Collections
Right arrow N13 - Europe: Pre-1913
Right arrow N63 - Europe: Pre-1913
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

© 1998 Oxford University Press

research-article

Causality and the First Industrial Revolution

DAVID GREASLEYa and LES OXLEYb

aDepartment of Economic History, University of Edinburgh Scotland
bDepartment of Economics, University of Waikato New Zealand

Abstract

The existence, timing and possible causes of the British industrial revolution are considered by investigating the time series properties of industrial production and various explanatory variables. Utilizing co-integration-based causality tests, this paper argues that domestic forces, notably population, real wages and technological progress, shaped the industrial revolution, whereas overseas trade expansion was a consequence of industrial growth. The first industrial revolution may shed more general light on the forces promoting industrialization and growth. To the extent that the first industrial revolution offers a template, exports do not appear to provide a simple pathway to industrialization.


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer: Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.