Innovation and Productivity Advances in British Agriculture: 1620�1850

• Autores: James B. Ang, Rajabrata Banerjee, Jakob B. Madsen
• Localización: Southern Economic Journal, ISSN 0038-4038, ISSN-e 2325-8012, Vol. 80, Nº. 1, 2013, págs. 162-186
• Idioma: inglés
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• Resumen

  • 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.