This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the … engineers diverged in their growth trajectories over the next century. The results are supported by historical case studies from …

This paper analyzes the effectiveness of public expenditures on economic growth within the analytical framework of … the specific categories of public expenditures and economic growth, captured in human capital formation, defense … economic growth is much higher than that of the other macro variables. Data for the study was drawn from the International …

, innovation. Using a Schumpeterian growth model in which firms' dynamic R&D and financing choices are endogenously determined, we … demonstrate that this second effect always dominates, so that debt fosters innovation and growth at the aggregate level. Our paper …

standard unified growth model. We measure inequality by the ratio between land rent and wages and show that, before the onset … of the fertility transition, technological progress increased inequality directly through land-biased technological … change and indirectly through increasing population growth. Thefertility transition and the child quantity-quality trade …

This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces … growth. However, when we identify an inequality threshold, we find that inequality is positively associated with growth if …

theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to … be observationally equivalent to the Solow (1956) model of steady state growth. It can easily and effectively reflect on … critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all …