From domestic manufacture to Industrial Revolution: long-run growth and agricultural development

@inproceedings{Weisdorf2006FromDM,
  title={From domestic manufacture to Industrial Revolution: long-run growth and agricultural development},
  author={Jacob Louis Weisdorf},
  year={2006}
}
This paper investigates the historical process of industrialisation. The allocation of labour between food and non-food activities and the pattern of consumption of domestic versus industrial manufacture are determined endogenously, depending on terms of trade between agricultural and industrial goods. It is demonstrated that growth in the industrial sector’s productivity is crucial to the expansion and development of the agricultural sector and thus to the transfer of labour from agriculture… CONTINUE READING

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