The Role of Human Capital and Innovation in Prussian Economic Development

Cinnirella, Francesco ; Streb, Jochen

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Document Type: Working paper
Year of publication: 2013
The title of a journal, publication series: CESifo Working Papers
Volume: 4391
Place of publication: München
ISSN: 1617-9595 , 2364‐1428
Publication language: English
Institution: School of Law and Economics > Wirtschaftsgeschichte (Streb)
Subject: 330 Economics
900 History
Abstract: By merging individual data on valuable patents granted in Prussia in the late nineteenth century with county level information on literacy and income tax revenues we show that increases in the stock of human capital not only improved workers’ productivity but also accelerated innovative activities which, in turn, evoked an additional rise in the productivity level. Instrumenting the stock of literate people with information on the number of blind and deaf-mute people we also establish the direct causal effect of human capital on income, net of the innovation channel.

Dieser Eintrag ist Teil der Universitätsbibliographie.

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ORCID: Cinnirella, Francesco ; Streb, Jochen ORCID: 0000-0001-7812-7923

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