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Micro foundations in the Great Divergence debate: opening up a new perspective

Zan, Luca and Deng, Kent (2017) Micro foundations in the Great Divergence debate: opening up a new perspective. Economic History Working Papers (256/2017). London School of Economics and Political Science, Economic History Department, London, UK.

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Abstract

Prevailing approaches in historical studies adopt a macro view and place an overwhelming emphasis on the Industrial Revolution as a major discontinuity in Western development. On the contrary, recent research in accounting, management and business history has suggested a different direction. When opting for a micro-level focus, crucial discontinuities in management and accounting in the West can be traced back to the Renaissance Period. The paper thus searches for ‘micro foundations’ in managing and accounting practices to address the on-going debate on the East-West divergence. Despite the obvious problems with source availability, we outline a new research agenda for the debate.

Item Type: Monograph (Working Paper)
Official URL: http://www.lse.ac.uk/economicHistory/home.aspx
Additional Information: © 2017 The Authors
Divisions: Economic History
Subjects: H Social Sciences > HC Economic History and Conditions
JEL classification: L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L23 - Organization of Production
M - Business Administration and Business Economics; Marketing; Accounting > M4 - Accounting and Auditing > M41 - Accounting
N - Economic History > N8 - Micro-Business History
Sets: Departments > Economic History
Collections > Economists Online
Date Deposited: 20 Jan 2017 14:25
Last Modified: 20 Feb 2019 04:00
URI: http://eprints.lse.ac.uk/id/eprint/68944

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