Showing 1 - 10 of 547
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10009002382
rate effect, and how much a true growth effect? If there are growth effects, how much of this is based on accelerating …
Persistent link: https://www.econbiz.de/10011083629
This paper examines the historical evolution of the relationship between population growth, technological change, and … the ``Modern Growth Regime". We view the unified modeling of this long transition process - from thousand of years of … Malthusian stagnation through the demographic transition to modern growth - as one of the most significant research challenges …
Persistent link: https://www.econbiz.de/10005791656
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per … factors that have governed the pace of the transition from stagnation to growth and have thus contributed to contemporary … variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and …
Persistent link: https://www.econbiz.de/10008577814
evolutionary advantage to entrepreneurial, growth promoting traits and their increased representation accelerated the pace of … technological advancements and the process of economic development. Natural selection therefore had magnified growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to the convergence of the …
Persistent link: https://www.econbiz.de/10005136732
growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per … transition from stagnation to growth and the associated phenomenon of the great divergence in income per capita across countries … has been widely viewed as one of the most significant challenges facing researchers in the field of growth and development …
Persistent link: https://www.econbiz.de/10005497992
This paper examines a novel mechanism linking fertility and growth. There are three components to the model. First … transition: a rapid decline in fertility accompanied by accelerated output growth. …
Persistent link: https://www.econbiz.de/10005498148
This essay surveys macroeconomic issues that marked the transition from centrally planned to market economy in Central and Eastern European and former Soviet Union countries. We first establish a set of stylized facts of the transition so far, namely: (1) output fell, (2) capital shrank, (3)...
Persistent link: https://www.econbiz.de/10005114235
prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early … fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the … fruits of factor accumulation and technological progress into growth of income per capita. This Paper examines various …
Persistent link: https://www.econbiz.de/10005662096
This paper develops a unified model of growth, population, and technological progress that is consistent with long …-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is … population, so that output per capita is stable around a constant level. In the post-Malthusian regime, the growth rates of …
Persistent link: https://www.econbiz.de/10005662118