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the Korean history of industrialization. Although List is well known as the scholar who insisted on the protection of … generalized and modernized version of List's theory and to show its example by using the Korean history of industrialization …
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What became the post-War era's "less developed countries" (LDCs) varied enormously in their pre- modern or pre-industrial economic conditions. We hypothesize that if these countries are arrayed on a continuum of pre-industrial development such as that of the demographer Ester Boserup, countries...
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steady state level of capital stock (and wages) for the stable equilibrium of complete industrialization. …
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