Endogenous Infrastructure Development and Spatial Takeoff in the First Industrial Revolution

A-Tier
Journal: American Economic Journal: Macroeconomics
Year: 2020
Volume: 12
Issue: 2
Pages: 44-93

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper develops a model in which the evolution of the transport sector occurs alongside the growth in trade and output of agricultural and manufacturing firms. Simulation output captures aspects of the historical record of England and Wales over 1710–1881. A number of counterfactuals demonstrate the role that the timing and spatial distribution of infrastructure development play in determining the timing of takeoff. There can be a role for policy in accelerating takeoff through improving infrastructure, but the spatial distribution of that improvement matters.

Technical Details

RePEc Handle
repec:aea:aejmac:v:12:y:2020:i:2:p:44-93
Journal Field
Macro
Author Count
1
Added to Database
2026-01-29