asymmetrically. The gains from trade were channeled towards population growth in non- industrial nations while in the industrial … nations they were directed towards investment in education and growth in output per capita. International trade enhanced the … comparative disadvantage in the production of skilled intensive goods. The focus on the interaction between population growth and …

This paper develops a growth theory that captures the replacement of physical capital accumulation by human capital … growth process was reversed in this process. In early stages of the Industrial Revolution, when physical capital accumulation … higher propensity to save. As human capital emerged as a growth engine, equality alleviated adverse effects of credit …

associated with human capital and external technology. It also finds that technological residuals are skewed towards high income … USNAEs. The reason seems to be that high income USNAEs are better able to build human capital which supports the Nelson …

human capital productivity and pushing the economy to sustained growth: an industrial revolution. Allowing also for a …We set up a unified growth model capturing the transition of a primitive and egalitarian hunter-gatherer society, into … landowners or landless; both earn income from human capital, but only landowners earn income from land. The central assumption is …

human capital productivity and pushing the economy to sustained growth: an industrial revolution. Allowing also for a …We set up a unified growth model capturing the transition of a primitive and egalitarian hunter-gatherer society, into … landowners or landless; both earn income from human capital, but only landowners earn income from land. The central assumption is …

mountain of empirical evidence now shows, economic conditions and slowly-changing parental education levels determine children …'s school enrollment to a greater degree than education policy interventions. A succession of international meetings has … nevertheless adopted a litany of utopian international goals for universal school enrollment and gender parity in education based …

This research develops a theory about the role of inequality in the overtaking of growth performance across countries … less egalitarian economy undergoes a higher growth path in the short run, followed by a lower growth path in the long run …

the economy exhibits a regime of extensive growth (i.e. slowly declining growth in physical capital with no growth in … human capital) but then starts a transition to a sustained growth. The seemingly sustainable growth occurs when the economy … exhibits a regime of intensive growth (i.e. both capitals are growing) but the growth of human capital ceases and the economy …

Current evidence on the relationships between growth and inequality is predominantly based on cross-country data sets … average consumption and inequality within states, and test for causality. Distributional patterns of growth vary, but there is … strong evidence in many instances of a strong negative effect of initial inequality on subsequent growth. …

inequality, a less egalitarian economy follows a higher growth path in the short run, with a lower growth path in the long run …