Simulating the Two Views of the British Industrial Revolution
用可计算一般均衡模型检验英国工业革命期间的技术变革、贸易与增长,反驳了Temin关于生产率增长集中在少数部门的观点,发现棉花和铁的技术进步推动了出口,同时食品进口需求也刺激了整体出口。
This study examines technical change, trade, economic structure, and growth during the British Industrial Revolution by means of computational general equilibrium (CGE) modeling. It rejects Peter Temin's contention that our “new view” of sectorally concentrated productivity growth is inconsistent with industrial export data. A CGE trade model with diminishing returns in agriculture and realistic assumptions about consumer demand shows that while technical change in cottons and iron were major spurs to exportation of those specific goods, the need for food imports also stimulated exports generally. Incorporating trade data thus enriches our “new view.”