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
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 4081
- Classification
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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
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education
industrialization
omitted variables
Prussian economic history
- Event
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Geistige Schöpfung
- (who)
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Edwards, Jeremy
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2013
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Edwards, Jeremy
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2013