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An arbitrage model of crop rotation in 18th century England

Abstract:

The Industrial Revolution in England was characterised by early and rapid labour release from agriculture to industry. This was facilitated by rising levels of labour productivity in agriculture which permitted labour to be released without excessive upward pressure on food prices. New technology played a central role in raising agricultural productivity but the importance of particular innovations remains controversial. In this paper we develop an arbitrage model of crop rotation which enabl...

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Publication status:
Published

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Institution:
University of Oxford
Division:
SSD
Department:
Economics
Role:
Author
Publisher:
University of Oxford Publisher's website
Series:
Oxford Economic and Social History Working Papers
Article number:
32
Place of publication:
Oxford
Publication date:
1999-09-01
Paper number:
32
Language:
English
Pubs id:
1172835
Local pid:
pubs:1172835
Deposit date:
2021-04-22

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