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plausibly exogenous source of variation in early industrialization across regions of nineteenth-century Prussia, capital …
Persistent link: https://www.econbiz.de/10011624571
plausibly exogenous source of variation in early industrialization across regions of nineteenth-century Prussia, capital …
Persistent link: https://www.econbiz.de/10011638304
of education inequality measures across age groups allows us to assess the effect of inter-generational education …
Persistent link: https://www.econbiz.de/10010432435
Why is modern society capable of cumulative innovation? In A Culture of Growth: The Origins of the Modern Economy, Joel Mokyr persuasively argues that sustained technological progress stemmed from a change in cultural beliefs. The change occurred gradually during the seventeenth and eighteenth...
Persistent link: https://www.econbiz.de/10012865698
This paper develops a two-sector model that illuminates the role played by agricultural modernization in the transition from stagnation to growth. When agriculture relies on traditional technology, industrial development reduces the relative price of industrial products, but has a limited effect...
Persistent link: https://www.econbiz.de/10009153621
This paper develops a two-sector model that illuminates the role played by agricultural modernization in the transition from stagnation to growth. When agriculture relies on traditional technology, industrial development reduces the relative price of industrial products, but has a limited effect...
Persistent link: https://www.econbiz.de/10013136945
-Industrial-Revolution phenomena--the industrialization and growth take-off of rich "northern" nations, massive global income divergence, and rapid …
Persistent link: https://www.econbiz.de/10014056691
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers … increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on … relationship between education and economic growth that has been found in the empirical macroeconomic literature. Conversely, for a …
Persistent link: https://www.econbiz.de/10010529431
increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life …-run economic development. -- longevity ; active life expectancy ; education ; hours worked ; economic growth. …
Persistent link: https://www.econbiz.de/10009619090
The paper examines the role of education in economic growth from both a theoretical and historic perspective, addresses … why education has been the limiting factor determining growth historically, provides estimates of the quantitative … importance of the direct and indirect effects of education on the economy, calculates the marginal national return on investment …
Persistent link: https://www.econbiz.de/10013064963