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The Path Towards the Modern Economy The Role of Energy

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Abstract

The transformation of the energy system during the period between the 16th and 19th centuries was the necessary, although not sufficient, condition of modern growth, first in Euro pe and then in the rest of the World. The transition to alternative forms of energy was prompted by the decline in per capita energy availability in early modern Europe du ring the phase of population rise from the late Middle Ages onwards. The transformation taking place in the energy system was composed of two significant changes, the first aimed at saving land, and the second labour.

Suggested Citation

  • Paolo Malanima, 2011. "The Path Towards the Modern Economy The Role of Energy," Rivista di Politica Economica, SIPI Spa, issue 2, pages 77-105, April-Jun.
    • Handle: RePEc:rpo:ripoec:y:2011:i:2:p:77-105
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    More about this item

    Keywords

    energy; energy transition; modern growth;
    All these keywords.

    JEL classification:

    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • N37 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Africa; Oceania
    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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