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To explain the process of development historically documented, we consider a model with three economic sectors (agriculture, manufacturing and services) characterized by different productivity gains and by saturation levels in the demands of agricultural and manufactured goods. Our parsimonious...
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This paper presents a cliometric application of fractional integrated processes to socio-economic time series for France and Germany in the 19th and 20th centuries. The analysis leads to a significant result: no short or long term cycle appears as the dominant constituent.
Persistent link: https://www.econbiz.de/10005770657
This paper studies how the spatial effects of demographic system affects economic growth of different countries. Population growth shocks (whether in aggregate or in disaggregate form) in general have spatial movement that is deemed to contribute to economic growth fluctuations depending upon...
Persistent link: https://www.econbiz.de/10005609167
Jean Fourastié introduced a meaningful but neglected theory of economic development in a 1949 book. According to Fourastié, technical progress is stronger in some industries (e.g. light bulb production) than in others (e.g. hairdressing). Meanwhile, consumers' demand is only insatiable for...
Persistent link: https://www.econbiz.de/10012903100
At the individual level, we test the adjustment of the female age at marriage (FAM) to the economic conditions that the supporters of the “European Marriage Pattern” assume. For a typical French village, we collect exhaustive data on families and marriage contracts as well as accurate...
Persistent link: https://www.econbiz.de/10012924421