Technology in the Great Divergence

61 Pages Posted: 17 Nov 2001 Last revised: 29 Dec 2021

See all articles by Gregory Clark

Gregory Clark

University of California, Davis - Department of Economics

Robert C. Feenstra

University of California, Davis - Department of Economics; National Bureau of Economic Research (NBER)

Date Written: November 2001

Abstract

In this paper, we examine the changes in per-capita income and productivity from 1700 to modern times, and show four things: (1) that incomes per capita diverged more around the world after 1800 than before; (2) that the source of this divergence was increasing differences in the efficiency of economies; (3) that these differences in efficiency were not due to problems of poor countries in getting access to the new technologies of the Industrial Revolution; (4) that the pattern of trade from the late nineteenth century between the poor and the rich economies suggests that the problem of the poor economies was peculiarly a problem of employing labor effectively. This continues to be true today.

Suggested Citation

Clark, Gregory and Feenstra, Robert C., Technology in the Great Divergence (November 2001). NBER Working Paper No. w8596, Available at SSRN: https://ssrn.com/abstract=291268

Gregory Clark

University of California, Davis - Department of Economics ( email )

One Shields Drive
Davis, CA 95616-8578
United States

Robert C. Feenstra (Contact Author)

University of California, Davis - Department of Economics ( email )

One Shields Drive
Davis, CA 95616-8578
United States
916-752-9240 (Phone)
916-752-9382 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
94
Abstract Views
1,644
rank
368,904
PlumX Metrics