Ashraf, Quamrul; Galor, Oded - Institute for the Study of Labor (IZA) - 2012
new technological paradigm, which delayed their industrialization and, hence, their take-off to a state of sustained … economic growth. The theory thus contributes to the understanding of the advent of divergence and overtaking in the process of … development. Consistently with the theory, the empirical analysis establishes that (i) geographical isolation prevalent in pre …