The Two Revolutions, Landed Elites and Education during the Industrial Revolution

Duarte Semedo Leite, Oscar Afonso and Sandra Tavares Silva ()
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Sandra Tavares Silva: University of Porto, Faculty of Economics

FEP Working Papers from Universidade do Porto, Faculdade de Economia do Porto

Abstract: How we are to understand the Industrial Revolution, the process of transition from a Malthusian equilibrium to today’s Modern Economic Growth, has been the subject of passionate debate. This paper adds more insights to the process of industrialization and the demographic transition that followed this period. By applying the theory of interest groups to landownership and by analyzing landed elites incentives to allow education, it is shown that their political power is important for an understanding of the main events that marked the Industrial Revolution. Contributions are also made to the existence and role of the Agricultural Revolution. It is advanced that it played a significant role in hastening the process of industrialization. A model and numerical simulations are presented to demonstrate these results.

Keywords: Industrial and Agricultural Revolution; Demographic Transition; Education; Interest Groups. (search for similar items in EconPapers)
JEL-codes: N53 O13 O14 O43 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2015-06
New Economics Papers: this item is included in nep-evo, nep-gro, nep-his and nep-pol
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Related works:
Journal Article: THE TWO REVOLUTIONS, LANDED ELITES, AND EDUCATION DURING THE INDUSTRIAL REVOLUTION (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:por:fepwps:562

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