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Irish GDP between the Famine and the First World War: Estimates Based on a Dynamic Factor Model
Andersson, Fredrik N. G.; Lennard, Jason - 2017
constructs new annual estimates of real GDP between 1842 and 1913 based on a novel two-stage econometric approach. Our results …
Persistent link: https://www.econbiz.de/10013208757
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Spain's Historical National Accounts: Expenditure and Output, 1850-2015
Prados de la Escosura, Leandro - 2016
This essay offers a new set of historical GDP estimates from the demand and supply sides that revises and expands those … GDP and its components since 1850. On the basis of new population estimates, GDP per head is derived. Trends in GDP per …
Persistent link: https://www.econbiz.de/10012669453
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The middle-income trap from a Schumpeterian perspective
Aghion, Philippe; Bircan, Cagatay - 2017
We provide an outline for viewing the middle-income trap through the lens of the Schumpeterian growth paradigm, which places the notion of creative destruction at the center of economic growth. Economic growth and development come from the interplay between changes in economic structure and...
Persistent link: https://www.econbiz.de/10011725592
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Accounting for the 'Little Divergence' What drove economic growth in pre-industrial Europe, 1300-1800?
de Pleijt, Alexandra M.; van Zanden, Jan Luiten - 2016
We test various hypotheses about the causes of the Little Divergence, using new data and focusing on trends in GDP per …
Persistent link: https://www.econbiz.de/10012669454
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Money and modernization in early modern England
Palma, Nuno - 2019
Classic accounts of the English industrial revolution present a long period of stagnation followed by a fast take-off. However, recent findings of slow but steady per capita economic growth suggest that this is a historically inaccurate portrait of early modern England. This growth pattern was...
Persistent link: https://www.econbiz.de/10012669496
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Medieval Universities, Legal Institutions, and the Commercial Revolution
Cantoni, Davide; Yuchtman, Noam - 2013
We present new data documenting medieval Europe's Commercial Revolution using information on the establishment of markets in Germany. We use these data to test whether medieval universities played a causal role in expanding economic activity, examining the foundation of Germany's first...
Persistent link: https://www.econbiz.de/10010328836
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Medieval Universities, Legal Institutions, and the Commercial Revolution
Cantoni, Davide; Yuchtman, Noam - 2012
We present new data documenting medieval Europe’s Commercial Revolution” using information on the establishment of markets in Germany. We use these data to test whether medieval universities played a causal role in expanding economic activity, examining the foundation of Germany’s first...
Persistent link: https://www.econbiz.de/10010427618
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Patterns of total factor productivity growth in Mexico: 1991-2011
Colunga Ramos, Luis Fernando; Torre Cepeda, Leonardo E. - 2015
We review some patterns of Total Factor Productivity (TFP) growth in the Mexican economy during the period 1991-2011 using the KLEMS data set published by INEGI in 2013. The data shows a strong positive correlation between TFP and output growth. As a result, tests were performed in order to...
Persistent link: https://www.econbiz.de/10011445097
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Scientific research activity and GDP: An analysis of causality based on 144 countries from around the world
Dębski, Wiesław; Świderski, Bartosz; Kurek, Jarosław - In: Contemporary Economics 12 (2018) 3, pp. 315-336
, expressed as the number of significant publications, and gross domestic product (GDP). With causality tests, this relationship … scientific research activity in a given country has a significant effect on GDP; the second verifies how much each specific field … scientific research activity and in GDP. Moreover, this study identifies the most significant fields of this activity that affect …
Persistent link: https://www.econbiz.de/10014544612
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Political power, resistance to technological change and economic development: Evidence from the 19th century Sweden
Tyrefors Hinnerich, Björn; Lindgren, Erik; … - 2017
This paper empirically tests the hypothesis that landed elites may block technological change and economic development if they fear that they will lose future political power (Acemoglu and Robinson (2002, 2006, and 2012). It exploits a plausible exogenous change in the distribution of political...
Persistent link: https://www.econbiz.de/10011917048