The First Industrial Revolution: Resolving the Slow Growth/Rapid Industrialization Paradox
回顾了量化英国工业革命的最新研究，指出该时期工业化迅速但增长温和，原因在于早期资本主义农业和蒸汽对生产力影响有限，但19世纪第二季度技术变革加速，可用知识获取成本降低或可解释这一现象。
The paper reviews recent attempts to quantify the British industrial revolution. It concludes that the episode was one of rapid industrialization but modest growth. To a considerable extent this is explained by the early adoption of capitalist farming and the weak impact of steam on productivity growth. However, this should not detract from a marked acceleration in the rate of technological change by the second quarter of the 19th century. This may be explicable in an endogenous innovation framework in terms of a reduced cost of accessing useful knowledge. Models of long-run growth should take this enhanced technological capability seriously.