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Long-run growth and the evolution of technological knowledge
Hakenes, Hendrik; Irmen, Andreas - 2007 - This Version: March 20, 2007
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/10003592701
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The quantitative importance of openness in development
Cai, Wenbiao; Ravikumar, B.; Riezman, Raymond Glenn - 2013
stagnation in a traditional technology to industrialization and prosperity with a modern technology - be accelerated? Lewis (1954 …) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is … an open economy increases the rate of capital formation and speeds up the pace of industrialization relative to a closed …
Persistent link: https://www.econbiz.de/10010189831
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The Evolution of Entrepreneurial Spirit and the Process of Development
Galor, Oded; Michalopulos, Stelios - 2008
This research suggests that the evolution of entrepreneurial spirit played a significant role in the process of economic development and the evolution of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human history....
Persistent link: https://www.econbiz.de/10014058766
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Population growth and multiple equilibria : inferences from a modified Ramsey model
Lehmijoki, Ulla - 2011
The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions under which multiplicity is realized. Three cases arise,...
Persistent link: https://www.econbiz.de/10009130124
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Population Growth and Multiple Equilibria : Inferences from a Modified Ramsey Model
Lehmijoki, Ulla - 2011
The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions under which multiplicity is realized. Three cases arise,...
Persistent link: https://www.econbiz.de/10013130458
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The Quantitative Importance of Openness in Development
Cai, Wenbiao - 2013
stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954 …) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is … an open economy increases the rate of capital formation and speeds up the pace of industrialization relative to a closed …
Persistent link: https://www.econbiz.de/10013075128
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The Quantitative Importance of Openness in Development
Cai, Wenbiao - 2014
stagnation in a traditional technology to industrialization and prosperity with a modern technology – be accelerated? Lewis (1954 …) and Rostow (1956) argue that the pace of industrialization is limited by the rate of capital formation which in turn is … an open economy increases the rate of capital formation and speeds up the pace of industrialization relative to a closed …
Persistent link: https://www.econbiz.de/10013062936
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Degrees of development : how geographic latitude sets the pace of industrialization and demographic change
Strulik, Holger (contributor) - 2008
Successful economic development is usually characterized by two salient phenomena: industrialization and demographic …. -- Industrialization ; Structural Change ; Demographic Transition ; Geography ; Health ; Cross-Country Divergence …
Persistent link: https://www.econbiz.de/10003612619
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The simplest unified growth theory
Strulik, Holger (contributor); Weisdorf, Jacob (contributor) - 2007
This paper provides a uni?ed growth theory, i.e. a model that explains the very long-run economic and demographic development path of industrialized economies, stretching from the pre-industrial era to present-day and beyond. Making strict use of Malthus’ (1798) so-called preventive check...
Persistent link: https://www.econbiz.de/10003575465
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Land inequality and the transition to modern growth
Adamopoulos, Tasso - In: Review of economic dynamics 11 (2008) 2, pp. 257-282
Persistent link: https://www.econbiz.de/10003731145