Must-Read: Patrick Wallis et al.: Puncturing the Malthus Delusion: Structural change in the British economy before the industrial revolution, 1500-1800

Must-Read: Patrick Wallis et al.: Puncturing the Malthus Delusion: Structural change in the British economy before the industrial revolution, 1500-1800:

Accounts of structural change in the pre-modern British economy vary substantially. We present the first time series of male labour sectoral shares before 1800, using a large sample of probate and apprenticeship data to produce national and county-level estimates. England experienced a rapid decline in the agricultural share between the early seventeenth and the beginning of the eighteenth centuries, associated with rising agricultural and especially industrial productivity; Wales saw only limited changes. Our results provide further evidence of early structural change, highlighting the significance of the mid-seventeenth century as a turning point in English economic development.

Www lse ac uk economicHistory workingPapers 2016 WP240 pdfWww lse ac uk economicHistory workingPapers 2016 WP240 pdf

August 27, 2016

AUTHORS:

Brad DeLong
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