• Economic Analysis Seminar April 21, Alex Trew (Glasgow)

  • Start: Wednesday, 21 April 13:00
    End: Wednesday, 21 April 14:30
  • UCM Facultad de Ciencias Económicas y Empresariales, Campus de Somosaguas, Pozuelo de Alarcón, España
  • Dept. Economic Analysis

    Research Seminars

    Dear all,
     
     The following  virtual seminar will take place next week.

    Department of Economic Analysis & ICAE Research Seminars:

    WEDNESDAY, April 21 th, 2021, 13:00 h

    Alex Trew (University of Glasgow)

     

    Title: Labor Scarcity and Technology Adoption during the British Industrial Revolution (joint with Bruno Caprettini and  Joachim Voth, U Zurich)

    Abstract: 

    Can labor scarcity accelerate technological adoption? We examine the effects of military recruitment during the Napoleonic Wars on the adoption of labor-saving technology in England, 1800-1850. Where the Royal Navy recruited more sailors, more machines that economized on (male) labor were adopted. Using depth of the seabed in front of coastal parishes, we show that exogenous shocks to labor scarcity led to technology adoption. This in turn led to both faster structural change as well as technological improvements through learning-by-doing effects.

    You can join the  seminar through Google Hangout Meets at the following link:

    @ucm accounts are granted immediate access to the webinar. External accounts require explicit approval by the moderators.

    You can find the recording of the talk  as well as previous sessions, papers, and the schedule of upcoming seminars at the seminar’s webpage

    Hope to see you all there.
    Best,
    Jimenez-Martin, Juan-Ángel 
    Rodríguez Álvarez, Carmelo 
    Rodríguez Hernández, Juan Gabriel