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evolutionary advantage to entrepreneurial, growth promoting traits and their increased representation accelerated the pace of … technological advancements and the process of economic development. Natural selection therefore had magnified growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to the convergence of the …
Persistent link: https://www.econbiz.de/10005136732
growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per … 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 and development …
Persistent link: https://www.econbiz.de/10005497992
This paper examines a novel mechanism linking fertility and growth. There are three components to the model. First … transition: a rapid decline in fertility accompanied by accelerated output growth. …
Persistent link: https://www.econbiz.de/10005498148
article concludes that the book will be required reading for all economists interested in long-run economic growth trends and …
Persistent link: https://www.econbiz.de/10005518964
This paper studies the correlation between inequality, measured by the Gini coefficent of incomes, and the growth rate … of per capita GDP in a panel of countries between the late 1950s and late 1990s. Inequality Granger causes growth with a … negative coefficient, while growth Granger causes inequality with a positive sign. Quantitatively, the former effect appears …
Persistent link: https://www.econbiz.de/10005609408
overall trade is not the most appropriate measure for technology diffusion as a source of productivity growth and propose to …
Persistent link: https://www.econbiz.de/10005612452
that the impact of higher inequality on the aggregate human capital stock, and thus, on growth is positive under rather …
Persistent link: https://www.econbiz.de/10005481990
a new macro-policy framework) were driven by the drastic growth slowdown and redemocratization of the 1980s. We argue …
Persistent link: https://www.econbiz.de/10005489930
sector, the public sector and foreign firms) on multifactor productivity growth of 16 countries from 1980 to 1998. The main … results show that the three sources of knowledge are significant determinants of long term productivity growth. Further … growth. These factors are the absorptive capability, the origin of funding, the socio economic objectives of government …
Persistent link: https://www.econbiz.de/10005574115
This paper examines data on economic growth and various social indicators and compares the past 25 years (1980 … seen a sharp slowdown in the rate of economic growth, as well as a decline in the rate of progress on major social …
Persistent link: https://www.econbiz.de/10005260027