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The transition from stagnation to growth and the associated phenomenon of the great divergence have been the subject of … an intensive research in the growth literature in recent years. The discrepancy between the predictions of exogenous and … endogenous growth models and the process of development over most of human history, induced growth theorists to advance an …
Persistent link: https://www.econbiz.de/10014023783
This research establishes the influence of linguistic traits on human behavior. Exploiting variations in the languages spoken by children of migrants with identical ancestral countries of origin, the analysis indicates that the presence of periphrastic future tense, and its association with...
Persistent link: https://www.econbiz.de/10012157462
asymmetrically. The gains from trade were channeled towards population growth in non-industrial nations while in the industrial … nations they were directed towards investment in education and growth in output per capita. International trade enhanced the … comparative disadvantage in the production of skilled intensive goods. The focus on the interaction between population growth and …
Persistent link: https://www.econbiz.de/10010318876
towards investment in education and growth in output per capita, a significant portion of the gains from trade in non …-industrial nations was channeled towards population growth. …
Persistent link: https://www.econbiz.de/10010318893
for growth, the neoclassical paradigm dismissed the classical hypothesis and suggested that income distribution has … limited role in the growth process. A metamorphosis in these perspectives has taken place in the past two decades. Theory and … growth, inequality enhanced the process of development by channeling resources towards individuals whose marginal propensity …
Persistent link: https://www.econbiz.de/10010282627
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per … factors that have governed the pace of the transition from stagnation to growth and have thus contributed to contemporary … variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and …
Persistent link: https://www.econbiz.de/10010284035
gains from trade have been directed towards investment in education and growth in income per capita, whereas a significant … portion of these gains in less developed economies have been channeled towards population growth. Cross-country regressions …
Persistent link: https://www.econbiz.de/10010284056
for growth, the neoclassical paradigm dismissed the classical hypothesis and suggested that income distribution has … limited role in the growth process. A metamorphosis in these perspectives has taken place in the past two decades. Theory and … growth, inequality enhanced the process of development by channeling resources towards individuals whose marginal propensity …
Persistent link: https://www.econbiz.de/10009646300
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and … economic growth since the emergence of the human species. This uni...ted theory encompasses the observed evolution of … growth. The theory suggests that prolonged economic stagnation prior to the transition to sustained growth stimulated natural …
Persistent link: https://www.econbiz.de/10005196962
towards investment in education and growth in output per capita, a significant portion of the gains from trade in non …-industrial nations was channelled towards population growth. …
Persistent link: https://www.econbiz.de/10005124051