The Role of Technology and Institutions for Growth: Danish Creameries in the late Nineteenth Century
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The Role of Technology and Institutions for Growth : Danish Creameries in the late Nineteenth Century. / Henriksen, Ingrid; Lampe, Markus; Sharp, Paul.
Department of Economics, University of Copenhagen, 2010.Research output: Working paper › Research
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TY - UNPB
T1 - The Role of Technology and Institutions for Growth
T2 - Danish Creameries in the late Nineteenth Century
AU - Henriksen, Ingrid
AU - Lampe, Markus
AU - Sharp, Paul
N1 - JEL classification: L2, N5, O3, Q1
PY - 2010
Y1 - 2010
N2 - We consider the relative contributions of changing technology and institutions for economic growth through the investigation of a natural experiment in history: the almost simultaneous introduction of the automatic cream separator and the cooperative ownership form in the Danish dairy industry from around 1880. Using a new database of statistics from creameries and the tool of stochastic frontier analysis, we find that both institutions and technology were important for the success of the Danish dairy industry and, by implication, the growth and early development of the Danish economy.
AB - We consider the relative contributions of changing technology and institutions for economic growth through the investigation of a natural experiment in history: the almost simultaneous introduction of the automatic cream separator and the cooperative ownership form in the Danish dairy industry from around 1880. Using a new database of statistics from creameries and the tool of stochastic frontier analysis, we find that both institutions and technology were important for the success of the Danish dairy industry and, by implication, the growth and early development of the Danish economy.
KW - Faculty of Social Sciences
KW - mejerier
KW - Danmark
KW - udvikling
KW - dairies
KW - creameries
KW - Denmark
KW - development
KW - economic growth
KW - stochastic frontier analysis
M3 - Working paper
BT - The Role of Technology and Institutions for Growth
PB - Department of Economics, University of Copenhagen
ER -
ID: 23182986