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Why was the First Industrial Revolution English? Roman Real Wages and the Little Divergence within Europe Reconsidered

Author

Listed:
  • Rota, Mauro

    (University of Rome)

  • Weisdorf, Jacob

    (University of Southern Denmark, CAGE, CEPR)

Abstract

We compare early-modern Roman construction wages to Judy Stephenson’s downward-adjusted construction wages for London. We find that Roman workers earned at least as much as their London counterparts in the run-up to the Industrial Revolution, challenging the high-wage-economy explanation for why the Industrial Revolution was English and not Italian. We argue, however, that daily construction wages present a poor testing ground for the high-wage hypothesis, proposing instead that wages are compared among permanent employees in sectors less prone to seasonality and economic fluctuations than construction work.

Suggested Citation

  • Rota, Mauro & Weisdorf, Jacob, 2019. "Why was the First Industrial Revolution English? Roman Real Wages and the Little Divergence within Europe Reconsidered," CAGE Online Working Paper Series 400, Competitive Advantage in the Global Economy (CAGE).
    • Handle: RePEc:cge:wacage:400
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    References listed on IDEAS

    as
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    Cited by:

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    2. Sara Horrell & Jane Humphries & Jacob Weisdorf, 2019. "Working for a Living? Women and Children’s Labour Inputs in England, 1260-1850," Oxford Economic and Social History Working Papers _172, University of Oxford, Department of Economics.

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    More about this item

    Keywords

    Construction Work; Convergence; Divergence; Industrial Revolution; Living Standards; Prices; Wages. JEL Classification: J3; J4; J8; I3; N33;
    All these keywords.

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • J4 - Labor and Demographic Economics - - Particular Labor Markets
    • J8 - Labor and Demographic Economics - - Labor Standards
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • N33 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: Pre-1913

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