Finance and technology in early industrial economies: The role of economic integration

Research in Economics

Volumn 51, Issue 3, 1997, Pages 171-200

  Da Rin, Marco ^a  

^a BOCCONI UNIVERSITY   (Italy)

Author keywords

British and german industrialization; Comparative financial systems; Economic integration; Technology adoption

Indexed keywords

EID: 0031232137     PISSN: 10909443     EISSN: None     Source Type: Journal    
DOI: 10.1006/reec.1997.0047     Document Type: Article

References (75)

1. Anderson, B. (1969). The attorney in the early capital market in Lancashire. In J. Harris, Ed. Liverpool and Merseyside. London: Cass.
2. Anderson, B. & Cottrell, P., Eds. (1974). Money and Banking in England. London: David & Charles.
3. Aoki, M. (1994). The contingent governance of teams: analysis of institutional complementarities. International Economic Review, 35(3), 657-676.
4. Aoki, M. & Patrick, H. (1994). The Japanese Main Bank System. Oxford: Oxford University Press.
5. Baliga, S. & Polak, P. (1995). Banks versus bonds: a simple theory of comparative financial institutions, mimeo. Yale University.
6. Beer, J. (1959). The Emergence of the German Dye Industry. Urbana: University of Illinois Press.
7. Berlin, M. & Loeys, J. (1988). Bond covenants and delegated monitoring. Journal of Finance, 43(92), 397-412.
8. Bisschop, W. (1910). The Rise of the London Money Market. London: P.S. King & Son.
9. Borchardt, K. (1991). Perspectives on Modern German Economic History and Policy. Cambridge: Cambridge University Press.
10. Cameron, R. (1967). England, 1750-1844. In R. Cameron, Ed. Banking in the Early Stages of Industrialization. New York: Oxford University Press.
11. Clapham, J. (1955). The Economic Developemt of France and Germany. Cambridge: Cambridge University Press.
12. Collins, M. (1984). Money and Banking in the U.K.: A History. London: Croom Helm.
13. Cottrell, P. (1980). Industrial Finance 1830-1914. London: Methuen.
14. Cottrell, P (1985). Investment Banking in England, 1856-1914. New York: Garland.
15. Crafts, N. (1985). British Economic Growth During the Industrial Revolution. Oxford: Clarendon Press.
16. Crafts, N., Leybourne, S.J. & Mills, T.C. (1991). Britain. In R. Sylla & G. Toniolo, Eds. Patterns of European Industrialization. London: Routledge.
17. Crouzet, F. (1982). The Victorian Economy. London: Metheuen.
18. Da Rin, M. (1996). Understanding the development of German Kreditbanken, 1850-1914: an approach from the economics of information. Financial History Review, 3(1), 29-47.
19. Da Rin, M. (1997). Finance and the chemical industry. In A. Arora, R. Landau & N. Rosenberg, Eds. Competitiveness in the Chemical Industry. New York: Wiley & Sons (forthcoming).
20. Da Rin, M. & Hellmann, T. (1996). Banks as catalysts for industrialization. mimeo. IGIER - Università Bocconi.
21. Dewatripont, M. & Maskin, E. (1995). Credit and efficiency in centralized and-decentralized economies. Review of Economic Studies, 62(5), 541-555.
22. Deane, P. (1965). The First Industrial Revolution, Cambridge, Cambridge University Press.
23. Diamond, D. (1991). Monitoring and reputation: the choice between bank loans and directly placed debt. Journal of Political Economy, 99(4), 689-721.
24. Dinc, S. (1996). Integration of financial systems and institutional path-dependence. mimeo. Stanford University.
25. Dunke, R. (1991). Tariffs and market structure: the German Zollverein as a model for economic integration. In R. Lee, Ed. German Industry and German Industrialization. London: Routledge.
26. Easton, H. (1907). Money, Exchange and Banking. London: Pitman & Sons.
27. Edwards, J. & Fischer, K. (1994). Banks, Finance and Investment in West Germany since 1970. Cambridge: Cambridge University Press.
28. Feinstein, C. & Pollard, S. (1988). Studies in Capital Formation in the United Kingdom, 1750-1920. Oxford: Clarendon Press.
29. Feldenkirchen, W. (1991). Banking and economic growth: banks and industry in Germany in the nineteenth century and their changing relationship during industrialization. In W. Lee, Ed. German Industry and German Industrialization. London: Routledge.
30. Fremdling, R. (1991). Foreign competition and technological change: British exports and the modernization of German iron industry from the 1820s to the 1860s. In W. Lee, Ed. German Industry and German Industrialization. London: Routledge.
31. Gale, D. & Hellwig, M. (1985). Incentive-compatible debt contracts; the one-period problem. Review of Economic Studies, 52(5), 647-663.
32. Gerschenkron, A. (1962). Economic Backwardness in Historical Perspective, Cambridge, Cambridge University Press.
33. Gompers, P. (1995). Optimal investment, monitoring and the staging of venture capital. mimeo. Harvard Business School.
34. Gorman, M. & Sahlman, W. (1986). What do venture capitalists do? Journal of Business Venturing, 4, 231-248.
35. Haber, F. (1958). The Chemical Industry During the Nineteenth Century. Oxford: Oxford University Press.
36. Hellmann, T. (1994). Financial structure and control in venture capital. mimeo. Stanford University.
37. Henderson, W. (1984). The Zollverein. London: Cass.
38. Hyde, C. (1977). Technological Change and the British Iron Industry, 1700-1870. Princeton: Princeton University Press.
39. Joslin, D. (1966). London private bankers. In E.C. Wilson, Ed. Essays in Economic History. New York: St. Martin's Press.
40. Kennedy, W. (1992). Historical patterns of finance in Great Britain: a long-run View. In V. Zamagni, Ed. Finance and the Enterprise. London: Academic Press.
41. Kindleberger, C. (1984). A Financial History of Western Europe. London: Allen & Unwin.
42. King, W. (1936). History of the London Discount Market. London: Cass.
43. Kirchgässner, B. (1988). The history of the Deutsche Bank Mannheim and its predecessors. In Deutsche Bank, Studies on Economic and Monetary Problems and on Banking History, 23, Mainz, Hase & Köhler.
44. Kocha, J. (1978). Entrepreneurs and managers in Germanindustrialization. In P. Mathias & M. Postan, Eds. The Cambridge Economic History of Europe, Vol. 7. Cambridge: Cambridge University Press, pp. 492-558.
45. Landau, R. & Murmann, P. (1997). Britain and Germany. In A. Arora, R. Landau & N. Rosenberg, Eds. Competitiveness in the Chemical Industry. New York: Wiley & Sons (forthcoming).
46. Landes, D. (1965). Technological change and development in Western Europe, 1750-1914. In H. Habakkuk & M. Postan, Eds. The Cambridge Economic History of Europe, Vol. 6. Cambridge: Cambridge University Press.
47. Mathias, P. (1979). The Transformation of England. London: Methuen.
48. Mathias, P. (1983). The First Industrial Revolution. London: Methuen.
49. Mayer, C. (1990). Financial systems, corporate finance, and economic development. In G. Hubbard, Ed. Asymmetric Information, Corporate Finance and Investment. Chicago: The University of Chicago Press.
50. Milward, A. & Saul, S.B. (1973). The Economic Development of Continental Europe, 1780-1870. London: Allen & Unwin.
51. Mitchell, B. (1980). European Historical Statistics. London: Macmillan.
52. Musson, A.E. (1979). The Growth of British Industry. London: Batsford.
53. Musson, A.E. & Robinson, E. (1969). Science and Technology in the Industrial Revolution. Manchester: Manchester University Press.
54. Nevin, E. & Davis, E. (1970). The London Clearing Banks. London: Elek Books.
55. Payne, P. (1974). British Entrepreneurship in the Nineteenth Century. London: Macmillan.
56. Payne, P. (1978). Industrial entrepreneurship and management in Great Britain. In P. Mathias & M. Postan, Eds. The Cambridge Economic History of Europe, Vol. 7. Cambridge: Cambridge University Press, pp. 180-230.
57. Pohl, H. (1984). Forms and phases of industry finance up to the Second World War. German Yearbook on Business History 1984, pp. 75-9.
58. Pohl, M. (1982). Die Entwicklung des deutschen Bankwesen zwischen 1848 und 1870. In Deutsche Bankesgeschichte. Frankfurt-am-Mein, Fritz Knapp Verlag.
59. Pollard, S. (1964). Fixed capital in the Industrial Revolution in Britain. Journal of Economic History, 24(3), 299-314.
60. Pressnell, L. (1956). Country Banking in the Industrial Revolution. Oxford: Clarendon Press.
61. Rae, G. (1896). The Country Banker. New York: Charles Scribner.
62. Rajan, R. (1992). Insiders and outsiders: the choice between informed and arm's-length debt. Journal of Finance, 47(4), 1367-1400.
63. Richardson, T. (1974). The rise of the bill broker. In B. Anderson & P. Cottrell, Eds. Money and Banking in England. London: David & Charles.
64. Riesser, J. (1911). The Great German Banks. Washington: U.S. National Monetary Commission.
65. Roe, M. (1993). Some differences in corporate structure in Germany, Japan and the United States. The Yale Law Journal, 102(8), 1927-2005.
66. Scammell, W.M. (1968). The London Discount Market. London: Elek.
67. Shleifer, A. & Vishny, R. (1992). Liquidation values and debt capacity: a market equilibrium approach. Journal of Finance, 47(4). 1343-1366.
68. Sussman, O. (1993). A theory of financial development. In A. Giovannini, Ed. Finance and Development: Issues and Experience. Cambridge: Cambridge University Press, pp. 29-65.
69. von Thadden, E.L. (1995). Long-term contracts, short-term investment and monitoring. Review of Economic Studies, 62(95), 555-575.
70. Tilly, R. (1966). Financial Institutions and Industrialization in the Rhineland 1815-1870. Madison: The University of Wisconsin Press.
71. Tilly, R. (1989). Banking institutons in historical and comparative perspective: Germany, Great Britain and United States in the nineteenth and early twentieth century. Journal of Institutional and Theoretical Economics, 145(1), 189-209.
72. Townsend, R. (1979). Optimal contracts and competitive markets with costly state verification. Journal of Economic Theory, 21(2), 265-293.
73. Tripton, F. (1976). Regional Variations in the Economic Development of Germany During the 19th Century. Middletown: Wesleyan University Press.
74. Williamson, O. (1988). Corporate finance and corporated governance. Journal of Finance, 43(2), 567-592.
75. Wrigley, J. (1987). Technical education and industry in the nineteenth century. In B. Elbaum & W. Lazonick, Eds. The Decline of the British Economy. Oxford: Oxford University Press.