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Persistent link: https://www.econbiz.de/10010187269
We extend Galor and Weil (2000) by including geographical factors in order to show that under some initial conditions, an economy may be locked in Malthusian stagnation and never take off. Specifically, we characterize the set of geographical factors for which this happens, and this way we show...
Persistent link: https://www.econbiz.de/10010643650
We extend  Galor and Weil (2000) by including geographical factors in order to show that under some initial conditions, an economy may be locked in Malthusian stagnation and never take off. Specifically, we characterize the set of geographical factors for which this happens, and this way we...
Persistent link: https://www.econbiz.de/10011041764