Showing 1 - 10 of 19,087
The long-run evolution of per-capita income exhibits a structural break often associated with the Industrial Revolution. We follow Mokyr (2002) and embed the idea that this structural break reflects a regime switch in the evolution of technological knowledge into a dynamic framework, using Airy...
Persistent link: https://www.econbiz.de/10011422148
This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment...
Persistent link: https://www.econbiz.de/10014220825
This study provides a unified growth theory to correctly predict the initially negative and subsequently positive …
Persistent link: https://www.econbiz.de/10003946193
This paper constructs a two-sector unified growth model. Learning-by-doing in agriculture eventually allows the preindustrial economy to leave its Malthusian trap. But entrepreneurs in the manufacturing sector do not attempt invention if not much is known about natural phenomena. This delays the...
Persistent link: https://www.econbiz.de/10010472600
This paper constructs a two-sector unified growth model that explains the timing and the inevitability of an industrial revolution through entrepreneurs’ role for the accumulation of useful knowledge. While learning-by-doing in agriculture eventually allows the preindustrial economy to leave...
Persistent link: https://www.econbiz.de/10010398784
We generalize the class of growth models in which the scale of the economy has level rather than growth effects, and study the implications of different demographic and research policies when both fertility choice and research effort are endogenous. The model incorporates two dimensions of...
Persistent link: https://www.econbiz.de/10014171692
This research argues that the rapid expansion of international trade in the second phase of the industrial revolution has played a major role in the timing of demographic transitions across countries and has thereby been a significant determinant of the distribution of world population and a...
Persistent link: https://www.econbiz.de/10014060187
Successful economic development is usually characterized by two salient phenomena: industrialization and demographic … are interrelated. This paper develops a theory for their interaction with a special emphasis on the different pattern and …. -- Industrialization ; Structural Change ; Demographic Transition ; Geography ; Health ; Cross-Country Divergence …
Persistent link: https://www.econbiz.de/10003612619
This paper provides a uni?ed growth theory, i.e. a model that explains the very long-run economic and demographic … of Malthus’ (1798) so-called preventive check hypothesis that fertility rates vary inversely with the price of food the …
Persistent link: https://www.econbiz.de/10003575465
We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas the efficiency of one alternative energy source is limited. With capital and energy as complements, there exist two steady states: one stagnant where energy is fully derived...
Persistent link: https://www.econbiz.de/10010529424