Ticket to trade: Belgian labour and globalization before 19141

Standard trade theory, as invoked by political scientists and economists, would anticipate that workers in Belgium, a small Old World country, rich in labour relative to land, were in a good position to benefit from the wave of globalization before 1914. However, wage increases remained modest and ‘labour’ moved slowly towards adopting a free‐trade position. Beginning in 1885, the Belgian labour party backed free trade, but its support was conditional on more and better social legislation. Belgian workers' wellbeing improved in the wave of globalization, but the vehicle was labour and social legislation and not rising wages.     

Competition and the dispersion of labour productivity amongst UK companies

Based on a sample of 140,000 UK companies over the period 1989–93,this paper finds a wide dispersion of labour productivity acrossfirms. Some dispersion is transitory: amongst surviving companiesthere is regression towards the mean and dispersion faDs overtime. However, there are tignifimnt differences between sectorsin the extent of dispersion, eg. in manufacturing it is around40% lower. A possible explanation is greater competition inmanufacturing. A role for competition is also suggested by thefinding that surviving companies which were initially belowthe mean improve their performance more rapidly than those initiallyabove the mean.     

Prices and the growth of the knowledge economy in Sweden and Western Europe before the industrial revolution

Abstract

This article uses long-term series of real prices for various goods and services to analyse the evolution of the knowledge economy before the Industrial Revolution by focusing on Sweden in comparison with other European countries. During the early modern period, the relative price of knowledge-intensive goods and services, such as iron, paper, salt, sea transports and silver, decreased relative to a Consumer Price Index. The increased productivity levels of these goods and services were caused by increased division of labour and accelerated diffusion of knowledge. However, the real price of foodstuff tended to increase, implying that living standards declined with increased population. Early modern Western Europe acquired a peculiar price structure, characterized by low prices of industrial goods relative to the price of food. Only with the advent of industrial society could the knowledge economy escape the Malthusian entrapment.     

Why the industrial revolution was British: commerce,induced invention,and the scientific revolution1

Britain had a unique wage and price structure in the eighteenth century, and that structure is a key to explaining the inventions of the industrial revolution. British wages were very high by international standards, and energy was very cheap. This configuration led British firms to invent technologies that substituted capital and energy for labour. High wages also increased the supply of technology by enabling British people to acquire education and training. Britain's wage and price structure was the result of the country's success in international trade, and that owed much to mercantilism and imperialism. When technology was first invented, it was only profitable to use it in Britain, but eventually it was improved enough that it became cost‐effective abroad. When the ‘tipping point’ occurred, foreign countries adopted the technology in its most advanced form.     

New evidence and new methods to measure human capital inequality before and during the industrial revolution: France and the US in the seventeenth to nineteenth centuries

We explore pre‐ and early industrial inequality of numeracy using the age heaping method and anthropometric strategies. For France, we map differential numeracy between the upper and lower segments of a sample population for 26 regions during the seventeenth century. For the US, inequality of numeracy is estimated for 25 states during the 19th century. Testing the hypothesis of a negative impact of inequality on welfare growth, we find evidence that lower inequality increased industrial development in the US, whereas for France such an effect was only evident in interactions with political variables such as proximity to central government.     

4PL:供应链外包的革命

1.什么是"第四方物流"? 现代技术的不断更替和电子商务影响力的迅速扩展,使供应链上各链条(或节点企业)追求对内整合资源和向外扩展的需求不断扩大,而这种需求又直接导致了第四方物流从传统的供应链管理中脱颖而出.     

Mechanical innovation in the industrial revolution: the case of plough design

Variations in levels of embodied technology generated variations in English plough prices in 1770. Using plough prices as a quality index, this article explains size and daily output of plough teams. It shows that variations in plough technology were due to technological change—not static optimization—and village plough technology was influenced by neighbouring villages. But technological advance was not constrained on the demand size: farmers purchased the best ploughs available. Rather, local supply of technology was the limiting factor. Technological change, urbanization, and information networks are rejected as explanations of local supply of technology. The key factor was market density.     

Indian railroading: floating railway companies in the late nineteenth century

This article provides a case study of four late nineteenth-century share flotations of Indian railway companies. It highlights an important gap in the historiography of Indian railway finance, which has focused on the period up to 1875. The role of N. M. Rothschild as lead underwriter and its relationship with the India Office, managing agents, and investors is analysed. This gives an evolving picture of mutual dependence between the City and Whitehall in the financing of the British Empire's largest investment programme. Gentlemanly capitalists are shown to combine the self-reinforcing roles of arranger, investor, and informal government advisor.