Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/123127 
Year of Publication: 
2015
Series/Report no.: 
CESifo Working Paper No. 5485
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that in contrast to conventional wisdom that views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human capital formation, generating broad increases in literacy rates and education attainment.
Subjects: 
capital-skill complementarity
economic growth
industrialization
human capital
steam engine
JEL: 
N33
N34
O14
O33
Document Type: 
Working Paper
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