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An interview with Oded Galor on the development of unified growth theory.
Persistent link: https://www.econbiz.de/10005249410
This paper explores the implications of Uni.ed Growth Theory for the origins of existing di¤erences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identi.es the factors that have governed the pace of the transitionfrom...
Persistent link: https://www.econbiz.de/10004998565
Theories of economic growth hypothesize that the transition from pre-industrial stagnation to sustained growth is associated with a post-Malthusian phase in which technological progress raises income and spurs population growth while offsetting diminishing returns to labour. Evidence suggests...
Persistent link: https://www.econbiz.de/10011196409