The Rising Share of British Industrial Exports in Industrial Output, 1700–1851
研究发现,1723至1851年间英国工业出口占工业产出的份额几乎持续上升,这一结果基于官方出口数据和新估算的年度出口值,挑战了供给侧解释工业化的主流观点。
Ongoing research on British overseas trade does not support supply-side explanations of British industrialization. Contrary to widely publicized views, the share of British industrial exports in alternative measures of industrial output rose almost continuously throughout the period 1723 to 1851. This finding rests on the official values of British domestic exports, and it is confirmed by new annual estimates of Britain's domestic export, and it is confirmed by new annual estimates of Britain's domestic export values at current an constant prices form 1772 to 1821. Further research on prices, and on Britain's strikingly underutilized trade records, may lead to a more balanced perception of supply and demand forces during the Industrial Revolution.