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Since the 1980s the debate about economic convergence hasdominated empirical work about the dynamics of growth. Economichistorians have been attracted, in particular, by stories of clubconvergence. However, the analytical foundations of most of the work inthis area have rested on linear, or more...
Persistent link: https://www.econbiz.de/10005870752
Economic convergence has emerged as one of the key debates in the theoretical andhistorical literature over the last decade. Galor identified three forms of long run percapita income convergence: absolute convergence, whereby convergence occursindependently of the initial conditions facing each...
Persistent link: https://www.econbiz.de/10005870759
Although industrial production and growth in Greece during the interwar periodhas attracted considerable attention, there has not been any serious challengeeither in qualitative or quantitative terms to the orthodoxy established in theperiod itself. The literature usually sees the 1920s as a...
Persistent link: https://www.econbiz.de/10005870763
In early modern north-western Europe, real wages declined while GDP per capita was on the increase. In contrast, wage growth in Tokugawa Japan went hand in hand with output growth. Based on this finding, the paper revisits Thomas Smith’s thesis on ‘Pre-modern Economic Growth: Japan and the...
Persistent link: https://www.econbiz.de/10005870792
The nature of the seventeenth-century Mughal state and its land revenue taxation system has become a matter of controversy in recent years. Irfan Habib and his followers dominated thinking on this subject from the sixties onwards. They saw the regime as highly centralized and essentially...
Persistent link: https://www.econbiz.de/10005870823
The period of 1840 (when the Opium War broken out) till now is commonly regarded as China’s modern era, ‘modern’ in terms of China’s departure from its original growth and developmental path. In this context, the term modern has been intimately associated with something alien to the...
Persistent link: https://www.econbiz.de/10005870888