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. …

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 …

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 …

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 …

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 …