Skip to main content

LUP Student Papers

LUND UNIVERSITY LIBRARIES

Traditional Versus Revisionist: The Case of the Industrial Revolution in Sweden, 1830-1980

Corpuz, Jose Rowell LU (2013) EKHR92 20131
Department of Economic History
Abstract
This empirical paper uses modern methodology and techniques to analyze old and ongoing scholarly disagreements about the nature of Industrial Revolution. It analyzes the Industrial Revolution in Sweden and to find out whether it supports the traditional or revisionist view of the Industrial Revolution through quantitative time-series methodology and techniques such as cointegration analysis, Vector Error Correction Model, which isolates short-run from long-run relationships between variables under study, and Vector Autoregressive Model. Using data on labor productivity in Manufacturing and Building and Construction Industries as well as data on real product wage – nominal wage deflated by the price of the product – in Manufacturing... (More)
This empirical paper uses modern methodology and techniques to analyze old and ongoing scholarly disagreements about the nature of Industrial Revolution. It analyzes the Industrial Revolution in Sweden and to find out whether it supports the traditional or revisionist view of the Industrial Revolution through quantitative time-series methodology and techniques such as cointegration analysis, Vector Error Correction Model, which isolates short-run from long-run relationships between variables under study, and Vector Autoregressive Model. Using data on labor productivity in Manufacturing and Building and Construction Industries as well as data on real product wage – nominal wage deflated by the price of the product – in Manufacturing Industry and Handicrafts, the results in this paper suggest that the “revolution” was not immediately widespread as many of the short-run effects in productivity in one sector on the productivity in other sectors are economically and statistically insignificant. The evidences presented in this paper support the revisionist rather than the traditional view of the Industrial Revolution. (Less)
Please use this url to cite or link to this publication:
author
Corpuz, Jose Rowell LU
supervisor
organization
course
EKHR92 20131
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Industrial Revolution, Labor Productivity, Real Product Wage, Cointegration Analysis, Vector Error Correction Model
language
English
id
3878538
date added to LUP
2013-08-23 15:36:01
date last changed
2013-08-23 15:36:01
@misc{3878538,
  abstract     = {This empirical paper uses modern methodology and techniques to analyze old and ongoing scholarly disagreements about the nature of Industrial Revolution. It analyzes the Industrial Revolution in Sweden and to find out whether it supports the traditional or revisionist view of the Industrial Revolution through quantitative time-series methodology and techniques such as cointegration analysis, Vector Error Correction Model, which isolates short-run from long-run relationships between variables under study, and Vector Autoregressive Model. Using data on labor productivity in Manufacturing and Building and Construction Industries as well as data on real product wage – nominal wage deflated by the price of the product – in Manufacturing Industry and Handicrafts, the results in this paper suggest that the “revolution” was not immediately widespread as many of the short-run effects in productivity in one sector on the productivity in other sectors are economically and statistically insignificant. The evidences presented in this paper support the revisionist rather than the traditional view of the Industrial Revolution.},
  author       = {Corpuz, Jose Rowell},
  keyword      = {Industrial Revolution,Labor Productivity,Real Product Wage,Cointegration Analysis,Vector Error Correction Model},
  language     = {eng},
  note         = {Student Paper},
  title        = {Traditional Versus Revisionist: The Case of the Industrial Revolution in Sweden, 1830-1980},
  year         = {2013},
}