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Firm survival and the rise of the factory

Berger, Thor LU and Ostermeyer, Vinzent LU (2024) In Economic History Review
Abstract

This paper uses longitudinal establishment-level data to trace the rise of the factory during Sweden's industrialization between 1864 and 1890. We document a sharp shift from the small artisan shop to the mechanized factory, which can largely be ascribed to differences in survival. Whilst non-mechanized establishments could compete with the factory during early industrialization, a distinct survival advantage of the factory appeared at later stages of industrialization. The evolving advantage of the factory can mainly be attributed to its larger scale, labour productivity, and technology use. By the end of the nineteenth century, these factors became increasingly important determinants of firm survival.

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author
and
organization
publishing date
type
Contribution to journal
publication status
epub
subject
keywords
division of labour, factory system, industrialization, survival analysis, Sweden, technology
in
Economic History Review
publisher
Wiley-Blackwell
external identifiers
  • scopus:85188419250
ISSN
0013-0117
DOI
10.1111/ehr.13328
language
English
LU publication?
yes
id
8220c5bd-a529-418c-9bdc-31fc582795c1
date added to LUP
2024-04-16 12:36:10
date last changed
2024-04-16 12:37:35
@article{8220c5bd-a529-418c-9bdc-31fc582795c1,
  abstract     = {{<p>This paper uses longitudinal establishment-level data to trace the rise of the factory during Sweden's industrialization between 1864 and 1890. We document a sharp shift from the small artisan shop to the mechanized factory, which can largely be ascribed to differences in survival. Whilst non-mechanized establishments could compete with the factory during early industrialization, a distinct survival advantage of the factory appeared at later stages of industrialization. The evolving advantage of the factory can mainly be attributed to its larger scale, labour productivity, and technology use. By the end of the nineteenth century, these factors became increasingly important determinants of firm survival.</p>}},
  author       = {{Berger, Thor and Ostermeyer, Vinzent}},
  issn         = {{0013-0117}},
  keywords     = {{division of labour; factory system; industrialization; survival analysis; Sweden; technology}},
  language     = {{eng}},
  publisher    = {{Wiley-Blackwell}},
  series       = {{Economic History Review}},
  title        = {{Firm survival and the rise of the factory}},
  url          = {{http://dx.doi.org/10.1111/ehr.13328}},
  doi          = {{10.1111/ehr.13328}},
  year         = {{2024}},
}