Vinzent Leon Ostermeyer
Researcher
Firm survival and the rise of the factory
Author
Summary, in English
This paper uses longitudinal establishment-level data to trace the rise of the factory during Sweden's industrialization between 1864 and 1890. We document a sharp shift from the small artisan shop to the mechanized factory, which can largely be ascribed to differences in survival. Whilst non-mechanized establishments could compete with the factory during early industrialization, a distinct survival advantage of the factory appeared at later stages of industrialization. The evolving advantage of the factory can mainly be attributed to its larger scale, labour productivity, and technology use. By the end of the nineteenth century, these factors became increasingly important determinants of firm survival.
Department/s
- Department of Economic History
- Growth, technological change, and inequality
Publishing year
2024
Language
English
Publication/Series
Economic History Review
Document type
Journal article
Publisher
Wiley-Blackwell
Topic
- Production Engineering, Human Work Science and Ergonomics
Keywords
- division of labour
- factory system
- industrialization
- survival analysis
- Sweden
- technology
Status
Epub
ISBN/ISSN/Other
- ISSN: 0013-0117