Showing 1 - 10 of 215
evolutionary advantage to entrepreneurial, growth promoting traits and their increased representation accelerated the pace of … technological advancements and the process of economic development. Natural selection therefore had magnified growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contribution to the convergence of the …
Persistent link: https://www.econbiz.de/10010318965
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10010282576
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10010284032
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
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 paper analyzes the role of income distribution in macroeonomic analysis. The study demonstrates that the long-run equilibrium depends on the initial distribution of income. In accordance with empirical evidence concerning the correlation between income distribution and output, an economy...
Persistent link: https://www.econbiz.de/10010420262
growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per … transition from stagnation to growth and the associated phenomenon of the great divergence in income per capita across countries … has been widely viewed as one of the most significant challenges facing researchers in the field of growth and development …
Persistent link: https://www.econbiz.de/10005497992
economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of … triggered the transition from stagnation to growth and the associated phenomenon of the great divergence in income per capita … across countries has been widely viewed as one of the most significant challenges facing researchers in the field of growth …
Persistent link: https://www.econbiz.de/10005062763
evolutionary advantage to entrepreneurial, growth promoting traits and their increased representation accelerated the pace of … technological progress and the process of economic development. Natural selection therefore had magnified growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to the convergence of the …
Persistent link: https://www.econbiz.de/10005064225
prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early … fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the … fruits of factor accumulation and technological progress into growth of income per capita. This Paper examines various …
Persistent link: https://www.econbiz.de/10005662096