Coal Smoke and the Costs of the Industrial Revolution

@article{Hanlon2016CoalSA,
  title={Coal Smoke and the Costs of the Industrial Revolution},
  author={W. W. Hanlon},
  journal={Econometric Modeling: Microeconometric Models of the Environment eJournal},
  year={2016}
}
  • W. W. Hanlon
  • Published 2016
  • Economics
  • Econometric Modeling: Microeconometric Models of the Environment eJournal
  • While the Industrial Revolution brought economic growth, there is a long debate in economics over the costs of the pollution externalities that accompanied early industrialization. To help settle this debate, this paper introduces a new theoretically-grounded strategy for estimating the impact of industrial pollution on local economic development and applies this approach to data from British cities for 1851-1911. I show that local industrial coal use substantially reduced long-run city… CONTINUE READING
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