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This paper provides a uni?ed growth theory, i.e. a model that explains the very long-run economic and demographic development path of industrialized economies, stretching from the pre-industrial era to present-day and beyond. Making strict use of Malthus’ (1798) so-called preventive check...
Persistent link: https://www.econbiz.de/10010265680
Persistent link: https://www.econbiz.de/10012503133
It is often assumed that recent success in the high-technology software industry will lead India's development. However, evidence suggests that basic manufacturing industry is stagnant. This paper proposes a mechanism that ties these two trends together. A big-push type of model, featuring...
Persistent link: https://www.econbiz.de/10010321626
, growth, and industrialization. It is shown that the counterfactual prediction of new growth theories regarding a positive … process of industrialization, trade policy can influence long-run growth rates even in non-scale growth models. …
Persistent link: https://www.econbiz.de/10010322071
Successful economic development is usually characterized by two salient phenomena: industrialization and demographic …
Persistent link: https://www.econbiz.de/10010264936
industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the …
Persistent link: https://www.econbiz.de/10010269478
industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the …
Persistent link: https://www.econbiz.de/10010271786
Industrialization occupies a central place in the rich tapestry of development theory and practice. Although that place … income per capita can only occur through industrialization. This paper argues that it is becoming increasingly difficult for … most developing countries to achieve rapid growth through industrialization, and especially through export oriented …
Persistent link: https://www.econbiz.de/10010273465
typically linked to industrialization enhance the attractiveness of a location and result to population increases. The inverse … seek better forts. Iligan City experienced rapid urbanization for almost five decades due to industrialization. However …
Persistent link: https://www.econbiz.de/10011429786
decline have fallen as obviously. These results are consistent with the idea that industrialization in employment terms has … been more important for eventual prosperity than has industrialization in output terms; and that high manufacturing … industrialization may have become more difficult. …
Persistent link: https://www.econbiz.de/10011432708