-run output equation with a coefficient equal to the share of capital (α). The long-run theory is tested using quarterly data on … results support the long-run theory. The existence of long-run relations between real output, foreign output and real oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy's steady state growth …

This paper reviews the literature on the relationship between gender (in)equality and industrialization in the context …

with disdain for work. We propose an economic theory of preference formation where both the divergence of attitudes across … social classes and the ensuing reversal of economic fortunes are equilibrium outcomes. In our theory, parents shape their … success once industrialization transforms the economic landscape …

This research explores the long-run effect of industrialization on the process of development. In contrast to … the French industrial revolution, the research establishes that regions in which industrialization was more intensive …. Nevertheless, intensive industrialization has had an adverse effect on income per capita, employment and equality by the turn of …

the countries' authorities, openness, and transparency, consistently with the theory …