Bonenkamp, Jan P.M.

Jacobs, Jan P.A.M.

Smits, Jan-Pieter

English

The industrial revolution is mostly seen as a supply side phenomenon. Ever since Gilboy stated that factors of demand may have been equally important, scholars have stressed the importance of investments and technological change. This paper re-considers Gilboy’s ideas, using the dataset of the Dutch historical national accounts for the nineteenth century. Using a counterfactual VAR analysis, it is investigated to what extent changes in (determinants of) consumer demand may have affected patterns of industrial development

Dissertations of the University of Groningen

Consumer demand in the Industrial Revolution:The Netherlands, 1815-1913

https://pure.rug.nl/ws/files/14460356/200507.pdf

Consumer demand in the Industrial Revolution:The Netherlands, 1815-1913

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Dissertations of the University of Groningen