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The rate of return on everything, 1870-2015

Jordà, Òscar; Knoll, Katharina; Kuvshinov, Dmitry; … - 2018

the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much …

Persistent link: https://www.econbiz.de/10011794864

Institutions and economic growth in historical perspective : part 2

Ogilvie, Sheilagh C.; Carus, A. W. - 2014

This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10010371915

Institutions and economic growth in historical perspective : part 1

Ogilvie, Sheilagh C.; Carus, A. W. - 2014

This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10010371916

Transportation costs and the great divergence

Azarnert, Leonid V. - 2014

This work shows the asymmetric effect of the reduction in transportation costs across different sectors in the process of the Great Divergence. Specifically, the analysis indicates that reductions in transportation costs of industrial goods enhance convergence of the growth rates of trading...

Persistent link: https://www.econbiz.de/10010347039

Can general purpose technology theory explain economic growth? : electrical power as a case study

Ristuccia, Cristiano Andrea; Solomou, Solomos - 2014

, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many …

Persistent link: https://www.econbiz.de/10010252126

Protectionism and economic growth : causal evidence from the first era of globalization

Potrafke, Niklas; Ruthardt, Fabian; Wüthrich, Kaspar - 2020

protectionist government stimulated the economy in the short-run by increasing government expenditure. …

Persistent link: https://www.econbiz.de/10012387616

Economic growth and endogenous fiscal policy : in search of a data consistent general equilibrium model

Malley, James R.; Philippopulos, Apostolēs - 2000

explaining the interaction between private agents and fiscal authorities in the U.S., West Germany, Japan and the U.K. over the … is necessary to formally test the models' theoretical restrictions. In West Germany and Japan there is evidence that the … to react to the state of the economy, is rejected. …

Persistent link: https://www.econbiz.de/10009781505

Was Weber wrong? : a human capital theory of protestant economic history

Becker, Sascha O. (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003497633

The international economics of natural resources and growth

Thorvaldur Gylfason (contributor) - 2007

Persistent link: https://www.econbiz.de/10003497703

Does financial integration spur economic growth? : New evidence from the first era of financial globalization

Schularick, Moritz (contributor); … - 2006

Does international financial integration boost economic growth? The question has been discussed controversially for a long time. As of yet, robust evidence for a positive impact is lacking (Edison et al., 2002). However, there is substantial narrative evidence from economic history that...

Persistent link: https://www.econbiz.de/10003301349

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