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Coal Smoke and the Costs of the Industrial Revolution

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NBER2016-12-01 更新2025-01-04 收录
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While the Industrial Revolution brought economic growth, there is a long debate in economics over the costs of the pollution externalities that accompanied early industrialization. To help settle this debate, this paper introduces a new theoretically-grounded strategy for estimating the impact of

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2016-12-01
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