Arbeitspapier

Education and industrialization in Prussia: A reassessment

This paper investigates Becker, Hornung and Woessmann's recent claim that education had an important causal effect on Prussian industrialization and finds it unwarranted. The econometric analysis on which this claim is based suffers from severe problems, notably the omission of relevant variables which leads to serious bias in the estimated effect of education. When these problems are corrected, the conclusions of Becker, Hornung and Woessmann no longer hold. Education did not play an important role in enabling Prussia to catch up with Britain during the nineteenth century.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 4081

Classification
Wirtschaft
Education and Economic Development
Human Capital; Skills; Occupational Choice; Labor Productivity
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Europe: Pre-1913
Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: Europe: Pre-1913
Subject
education
industrialization
omitted variables
Prussian economic history

Event
Geistige Schöpfung
(who)
Edwards, Jeremy
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2013

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Edwards, Jeremy
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2013

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