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What was the role of consumption structure evolution in the industrialization phases of the Western world since the 18 … consumption structure evolution and establish a plausible link between consumption structure evolutions and industrial revolutions … consumption habits evolution in the schumpeterian growth process. Finally, we show that consumption habits evolutions can be …
Persistent link: https://www.econbiz.de/10008793635
The principle of conditional convergence, in growth theory, fails to explain growth paths that are durably divergent among countries having similar structural characteristics (same rates of investment, of capitaldepreciation, of demographic growth, and similar access to technologies and...
Persistent link: https://www.econbiz.de/10008794221