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economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of … triggered the transition from stagnation to growth and the associated phenomenon of the great divergence in income per capita … across countries has been widely viewed as one of the most significant challenges facing researchers in the field of growth …
Persistent link: https://www.econbiz.de/10005062763
economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of …-unified growth models with the main characteristics of the process of development across most of human history induced growth … modern era of sustained economic growth, and the recent transition between these distinct regimes. Unified growth theory …
Persistent link: https://www.econbiz.de/10005556052
The transition from stagnation to growth and the associated phenomenon of the great divergence have been the subject of … an intensive research in the growth literature in recent years. The discrepancy between the predictions of exogenous and … endogenous growth models and the process of development over most of human history, induced growth theorists to advance an …
Persistent link: https://www.econbiz.de/10014023783
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and … economic growth since the emergence of the human species. This unified theory encompasses the observed evolution of population …, technology and income per capita in the long transition from an epoch of Malthusian stagnation to sustained economic growth. The …
Persistent link: https://www.econbiz.de/10005666934
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and … economic growth since the emergence of the human species. This uni...ted theory encompasses the observed evolution of … growth. The theory suggests that prolonged economic stagnation prior to the transition to sustained growth stimulated natural …
Persistent link: https://www.econbiz.de/10005196962
prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early … fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the … fruits of factor accumulation and technological progress into growth of income per capita. This Paper examines various …
Persistent link: https://www.econbiz.de/10005662096
prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early … fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the … fruits of factor accumulation and technological progress into growth of income per capita. This paper examines various …
Persistent link: https://www.econbiz.de/10005556697
This research suggests that a Darwinian 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 … evolutionary advantage to entrepreneurial, growth promoting traits and their increased representation accelerated the pace of …
Persistent link: https://www.econbiz.de/10010318965
This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of … evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10010282576
This research suggests that the evolution of entrepreneurial spirit played a significant role in the process of … evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10010284032