Showing 1 - 10 of 15
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10003897830
This research advances the hypothesis that resource abundant economies characterized by a socially cohesive workforce and network externalities triggered the emergence of efficiency-enhancing inclusive institutions designed to restrict mobility and to enhance the attachment of community members...
Persistent link: https://www.econbiz.de/10010197962
This research suggests that the evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human history....
Persistent link: https://www.econbiz.de/10008939187
the rise in the demand for human capital in the process of development was the main trigger for the decline in fertility … and the transition to modern growth -- Demographic transition ; Gender Gap ; Human capital ; Fertility ; Mortality …
Persistent link: https://www.econbiz.de/10008669192
The research provides the first empirical examination of the hypothesized effect of industrialization on the fertility … establishes that industrialization was a major catalyst in the fertility decline in the course of the demographic transition …. Moreover, the analysis further suggests that the contribution of industrialization to the decline in fertility plausibly …
Persistent link: https://www.econbiz.de/10011333033
Persistent link: https://www.econbiz.de/10008933055
Persistent link: https://www.econbiz.de/10002644961
Persistent link: https://www.econbiz.de/10003403527
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 positively related to the level of income per capita....
Persistent link: https://www.econbiz.de/10012472002
This paper examines a novel mechanism linking fertility and growth. Household fertility is determined by relative wages … of women and men. Increasing women's wages reduces fertility by raising the cost of children relatively more than … household income. Lower fertility raises the level of capital per worker which in turn, since capital is more complementary to …
Persistent link: https://www.econbiz.de/10012474393