Showing 1 - 10 of 286
fully developed countries. An extension towards a two-region world economy shows robustness of the gradual take-off and …
Persistent link: https://www.econbiz.de/10014163873
fully developed countries. An extension towards a two-region world economy shows robustness of the gradual take-off and …
Persistent link: https://www.econbiz.de/10009665630
fully developed countries. An extension towards a two-region world economy shows robustness of the gradual take-off and …
Persistent link: https://www.econbiz.de/10008906821
This paper proposes a theory for the evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and knowledge spillovers creates a unified growth theory that explains a long epoch of (quasi-) stasis and an epoch of high growth linked by...
Persistent link: https://www.econbiz.de/10003817154
fully developed countries. An extension towards a two-region world economy shows robustness of the gradual take-off and …
Persistent link: https://www.econbiz.de/10014210334
country depends on its connections to the rest of the world and on the human capital of the countries it is exchanging … knowledge with. We show how the diffusion of knowledge through the world explains the evolution of global income inequality. It … generates a "Great Divergence", that is increasing world inequality after the take-off of the forerunners of the industrial …
Persistent link: https://www.econbiz.de/10010253459
Recent empirical research has shown that income per capita in the aftermath of natural disasters is not necessarily lower than before the event. Income remains in many cases not significantly affected or, perhaps even more surprisingly, it responds positively to natural disasters. Here, we...
Persistent link: https://www.econbiz.de/10010255055
country depends on its connections to the rest of the world and on the human capital of the countries it is exchanging … knowledge with. We show how the diffusion of knowledge through the world explains the evolution of global income inequality. It … generates a "Great Divergence", that is increasing world inequality after the take-off of the forerunners of the industrial …
Persistent link: https://www.econbiz.de/10010255056
Persistent link: https://www.econbiz.de/10010356152
In medieval times, most people identified with religious values and aggregate income and productivity grew at glacier speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and unprecedented rates. The present paper develops a simple...
Persistent link: https://www.econbiz.de/10010357676