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The concept of metabolism, as applied to the interrelations between human society and the rest of nature, has been one of the most fruitful iterations of socioecological thought over the last few decades. Here we will examine specific orientations of metabolic thought commonly employed in the...
Persistent link: https://www.econbiz.de/10014434260
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The decline in the physical stature of the American population for more than a generation beginning with the birth cohorts of the early 1830s was brought about by a diminution in nutritional intake in spite of robust growth in average incomes. This occurred at the onset of modern economic growth...
Persistent link: https://www.econbiz.de/10011431237
It is our natural inclination to find stable patterns and meaning in the chaotic world around us. This assists in our efforts to understand the past and forecast the future. The starting point of this essay is the phrase "dismal science" which is an often used 'epitheton ornans' of economics....
Persistent link: https://www.econbiz.de/10011444410
Simon Kuznets was born and educated in Russia and the Soviet Ukraine. He completed his economic education and adopted his research methodology in the United States where Wesley Mitchell was a major influence during his early career. Though scarred by the trauma of displacement, eviction, and...
Persistent link: https://www.econbiz.de/10012544383
Historical estimates of workers' earnings suffer from the fundamental problem that annual incomes are inferred from day wages without knowing the length of the working year. This uncertainty raises doubts about core growth theories that rely on existing income estimates to explain the origins of...
Persistent link: https://www.econbiz.de/10012669471
With the end of the celebrations marking the 150th anniversary of the unification of Italy, the availability of a large body of new historical statistical data calls for a redefinition of the features of Italian economic growth. The paper presents new estimates – at both national and regional...
Persistent link: https://www.econbiz.de/10010826222
This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture, manufacturing and services) for a panel of 168 countries over the period...
Persistent link: https://www.econbiz.de/10010790237
Bradford DeLong and Dani Rodrik have argued that reforms in India cannot be credited with higher growth because the growth rate crossed the 5 percent mark in the 1980s, well before the launch of the July 1991 reforms. This is a wrong reading of the Indian experience for two reasons. First,...
Persistent link: https://www.econbiz.de/10005599677
The purpose of this paper is to explain the humped-shaped behavior of the growth rate. Within a dynamic general equilibrium framework, it is found that, in the early stages of development, the source of growth is the reallocation of resources from sectors low-productivity sectors to...
Persistent link: https://www.econbiz.de/10005605049