Spatial Competition, Innovation and Institutions: The Industrial Revolution and the Great Divergence
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A market-size-only theory of industrialization cannot explain why England developed nearly two centuries before China. One shortcoming of such a theory is its exclusive focus on producers. We show that once we incorporate the incentives of factor suppliers' organizations such as craft guilds,
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美国国家经济研究局创建时间：
2018-06-01
