TY - JOUR
T1 - Innovation and productivity advances in British agriculture: 1620-1850
AU - Ang, Beng Jiunn
AU - Banerjee, Rajabrata
AU - Madsen, Jakob Brochner
PY - 2013
Y1 - 2013
N2 - Theory, historiography, and empirical evidence suggest that agriculture is the key to economic development. This article examines the extent to which productivity advances in British agriculture during the period 1620-1850 were driven by technological progress. Measuring technology by patents and new book titles on agricultural methods, the results are consistent with endogenous growth theory, indicating that technological progress has played a significant role in agricultural productivity advances.
AB - Theory, historiography, and empirical evidence suggest that agriculture is the key to economic development. This article examines the extent to which productivity advances in British agriculture during the period 1620-1850 were driven by technological progress. Measuring technology by patents and new book titles on agricultural methods, the results are consistent with endogenous growth theory, indicating that technological progress has played a significant role in agricultural productivity advances.
U2 - 10.4284/0038-4038-2011.239
DO - 10.4284/0038-4038-2011.239
M3 - Article
SN - 0038-4038
VL - 80
SP - 162
EP - 186
JO - Southern Economic Journal
JF - Southern Economic Journal
IS - 1
ER -