Abstract Ron S. Kenett and Shirley Y. Coleman outline the roles played by data statistics in “Industry 4.0”, from monitoring manufacturing processes to building of “digital twins”

Catalonia has been one of the most commercialized and industrialized regions of Spain during the twentieth century. Home of the first industrial revolution during the nineteenth century, it started to adopt technologies and organizational structures of the Second Technological Revolution by the end of that period and the first third of the twentieth century. During the period 1890-1935 Catalan ...

Institutions, and more speci…cally private property rights, have come to be seen as a major determinant of long-run economic development. We evaluate the case for property rights as an explanatory factor of the Industrial Revolution and derive some lessons for the analysis of developing countries today. We pay particular attention to the role of property rights in the accumulation of physical c...

Crowding out during the British Industrial Revolution has long been one of the leading explanations for slow growth during the Industrial Revolution, but little empirical evidence exists to support it. We argue that examinations of interest rates are fundamentally misguided, and that the 18thand early 19th-century private loan market balanced through quantity rationing. Using a unique set of ob...

The paper compares Feinstein’s and Clark’s consumer price and real wage indices for the British industrial revolution. The sources for their weights and component price series are evaluated. While some of Clark’s innovations are improvements, many of his changes degrade the price index. A new price index is developed using the best components of Clark’s and Feinstein’s. This index is much close...