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Persistent link: https://www.econbiz.de/10011695744
We test various hypotheses about the causes of the Little Divergence, using new data and focusing on trends in GDP per capita and urbanization. We find evidence that confirms the hypothesis that human capital formation was the driver of growth, and that institutional changes (in particular the...
Persistent link: https://www.econbiz.de/10012669454
welfare systems built in Europe during the so-called Golden Age. The theme of living in the peripheries reappears in a …
Persistent link: https://www.econbiz.de/10014321714
In this paper, we analyse the relationship between international trade and economic growth in an unbalanced panel of 20 European countries in a long-term perspective, since the mid-19th century to present days, differentiating between the periods before and after the start of the Second World...
Persistent link: https://www.econbiz.de/10014438994