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Consumer demand in the Industrial Revolution: The Netherlands, 1815-1913

Author

Listed:
  • Bonenkamp, Jan P.M.
  • Jacobs, Jan P.A.M.
  • Smits, Jan-Pieter

    (Groningen University)

Abstract

The industrial revolution is mostly seen as a supply side phenomenon. Ever since Gilboy stated that factors of demand may have been equally important, scholars have stressed the importance of investments and technological change. This paper re-considers Gilboy?s ideas, using the dataset of the Dutch historical national accounts for the nineteenth century. Using a counterfactual VAR analysis, it is investigated to what extent changes in (determinants of) consumer demand may have affected patterns of industrial development.

Suggested Citation

  • Bonenkamp, Jan P.M. & Jacobs, Jan P.A.M. & Smits, Jan-Pieter, 2005. "Consumer demand in the Industrial Revolution: The Netherlands, 1815-1913," CCSO Working Papers 200507, University of Groningen, CCSO Centre for Economic Research.
  • Handle: RePEc:gro:rugccs:200507
    as

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    File URL: http://irs.ub.rug.nl/ppn/287807770
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    References listed on IDEAS

    as
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    5. Jan-Egbert Sturm, 1998. "Public Capital Expenditure in OECD Countries," Books, Edward Elgar Publishing, number 1500.
    6. Smits, J.P., 2000. "The determinants of productivity growth in Dutch manufacturing, 1815–1913," European Review of Economic History, Cambridge University Press, vol. 4(2), pages 223-246, August.
    7. Smits, Jan-Pieter & Horlings, Edwin & Zanden, Jan Luiten van, "undated". "Dutch GNP and its components, 1800-1913," GGDC Research Memorandum No.5, Groningen Growth and Development Centre, University of Groningen.
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