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This is a review article by Andrew Sharpe from the Centre for the Study of Living Standards of Angus Maddison's path-breaking new book, The World Economy: A Millennial Perspective. The article summarizes Maddison's key findings in a number of areas, with particular emphasis on his estimates of...
Persistent link: https://www.econbiz.de/10005518964
Factor-endowment based trade with the leading economy helps to explain the differing development performances of the …
Persistent link: https://www.econbiz.de/10005062412
economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three …
Persistent link: https://www.econbiz.de/10010584367
development. Yet, even as at given technologies labor markets have not cleared, neo-classical economists have rejected the notion …
Persistent link: https://www.econbiz.de/10010908072
We propose an endogenous growth model that incorporates the importance of business contacts and informal contacts. In our model, sold output increases with the stock of business contacts. The modelling of contact creation is based on matching theory. The cost of creating contacts decreases with...
Persistent link: https://www.econbiz.de/10008694519
This paper attempts to draw lessons for the New Economy from what economists know about technology dissemination and economic growth. It argues that what is most notable about the New Economy is that it is knowledge-driven, not just in the sense that knowledge now assumes increasing importance...
Persistent link: https://www.econbiz.de/10005016713
This Paper attempts to draw lessons for the New Economy from what economists know about technology dissemination and economic growth. It argues that what is most notable about the New Economy is that it is knowledge-driven, not just in the sense that knowledge now assumes increasing importance...
Persistent link: https://www.econbiz.de/10005123594
This paper attempts to draw lessons for the New Economy from what economists know about technology dissemination and economic growth. It argues that what is most notable about the New Economy is that it is knowledge-driven, not just in the sense that knowledge now assumes increasing importance...
Persistent link: https://www.econbiz.de/10011071192
This paper is aimed at addressing general characteristics of growth and development that concerns all transition …
Persistent link: https://www.econbiz.de/10005258012
liberalization, human development and standard of living in the present society based, more than ever, on knowledge. It is known that …, nobody can denies its benefits especially on human development - economic and social main objective of all states, regional … and global formations. Actually, the progress in human development translates into improved population standard of living …
Persistent link: https://www.econbiz.de/10010839022