Engels' pause: Technical change, capital accumulation, and inequality in the british industrial revolution

By R. Allen. 2009

212 citations recorded by the source corpus.

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Political machinery: did robots swing the 2016 US presidential election? (2018, background): “6 The main beneficiaries were industrialists who saw the profit share of income double (Allen, 2009).”
Uneven Growth: Automation's Impact on Income and Wealth Inequality (2021, background): “As documented in Allen (2009) and reproduced here in Figure 12, from 1760 to 1840, the capital share (excluding land) rose from 20% to 40% in Britain and the labor share declined from 60% to 50%. In line with our model, the return to wealth (what Allen terms the profit rate) doubled from 10 percenta”
Unreal Wages? Real Income and Economic Growth in England, 1260–1850 (2019, methodology): “In this case, technical change supposedly skewed income in favour of profits, now benefiting capitalists over labourers (e.g. Allen, 2009a).”
The future of employment: How susceptible are jobs to computerisation? (2017, background): “…(Armstrong and Sotala, 2012).25 For this reason, we 22 For example, case study evidence suggests that mechanisation in eighteenth century cotton production initially only occurred in Britain because wage levels were much higher relative to prices of capital than in other countries (Allen, 2009b).”