Vinzent Leon Ostermeyer
Forskare
Local multipliers and the growth of services: evidence from late nineteenth century USA, Great Britain, and Sweden
Författare
Summary, in English
In the shadow of industry, the service sector substantially expanded during the late nineteenth century. This paper analyzes how the creation of industrial employment contributed to this growth of services. I leverage full-count census data from the United States, Great Britain, and Sweden to estimate local employment multipliers. I show that industrial growth was a key driver in the emergence of services. Each new industrial job created up to one additional local service job. This effect was driven by the high-skilled industrial sector where each additional job created up to two service jobs. Multiplier effects created jobs across different services.
Avdelning/ar
- Ekonomisk-historiska institutionen
- Tillväxt, teknologisk förändring och ojämlikhet
Publiceringsår
2023
Språk
Engelska
Sidor
70-90
Publikation/Tidskrift/Serie
European Review of Economic History
Volym
27
Issue
1
Dokumenttyp
Artikel i tidskrift
Förlag
Oxford University Press
Ämne
- Economic History
Aktiv
Published
ISBN/ISSN/Övrigt
- ISSN: 1474-0044