A technológiakövető országok a technológiavezetők trendjével normált, hosszú távú növekedési pályája S alakú pályát követ. Több olyan növekedési modellt sikerült megalkotni, amelyek S alakú pályán érik el hosszú távú egyensúlyi (steady state) állapotukat, de...

Newly assembled macroeconomic statistics for early modern Portugal reveal one of Europe’s most vigorous colonial traders and at the same time one of its least successful growth records. Using an estimated model in the spirit of Allen (2009) we conclude that intercontinental trade had a...

In this chapter I discuss historical estimates of GDP at both the national and the regional level, and their application for assessing economic performance in modern times. Having been invented in (and conceived for) industrial capitalist societies, GDP has stronger informative power in those...

This study, without providing a complete picture of the country’s economic development, aims to bring about a better understanding of the convergence experience of Turkey. We explore some aspects of the convergence process of Turkey and provide some international comparisons tracking the...

This study presents a GDP per capita level and growth comparison across 17 main advanced countries and over the 1890-2013 long period. It proposes also a comparison of the level and growth of the main components of GDP per capita through an accounting breakdown and runs Philips-Sul (2007)...

Although Japanese economic growth after the Meiji Restoration is often characterised as a gradual process of trend acceleration, comparison with the United States suggests that catching-up only really started after 1950, due to the unusually dynamic performance of the US economy before 1950. A...

This paper constructs composite indices of globalization of 131 countries spread over the five continents and classified into World-I, World-II and World-III countries. KOF, the Business Cycle Research Institute in the Swiss Federal Institute of Technology, Zurich is the source of data used in...

In this paper I emphasize the contribution of technical change towards productivity growth in explaining the relative East Germany-West Germany performance during the post-world war II era 1955-95.

We study the dynamics of economic and political change, theoretically and empirically. Democratic capital measured by a nation's historical experience with democracy, and the incidence of democracy in its neighborhood, appears to reduce exit rates from democracy and raise exit rates from...

Overall labour productivity in India was already only around 15 per cent of the UK level between the early 1870s and the late 1920s. Between 1929 and 1950 India fell further behind and remained at around 10 per cent of the UK level until the 1970s. India has been catching-up since the 1970s, but...