Understanding the primary causes of human prosperity is one of the most important endeavors of social scientists. Much research in the 20th century followed a neo-classical approach which emphasized important factors such as physical capital, human capital, and technological change, but was...

This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically that geographical variations in the natural return to agricultural investment have had a persistent effect on the distribution of time preference...

This research explores the origins of observed differences in time preference across countries and regions. Exploiting a natural experiment associated with the expansion of suitable crops for cultivation in the course of the Columbian Exchange, the research establishes that pre-industrial...

This research explores the origins of observed differences in time preference across countries and regions. Exploiting a natural experiment associated with the expansion of suitable crops for cultivation in the course of the Columbian Exchange, the research establishes that pre-industrial...

This research explores the origins of observed differences in time preference across countries and regions. Exploiting a natural experiment associated with the expansion of suitable crops for cultivation in the course of the Columbian Exchange, the research establishes that pre-industrial...

This paper presents a theory of underdevelopment. It explains why developing countries may not be able to successfully implement the productive technologies or modes of organization used in developed ones. It also suggests ways around this problem of implementation, and provides an explanation...

An extension of the Uzawa-Lucas endogenous growth model is discussed which incorporates diminishing returns to human capital and unskilled labour in aggregate labour inputs. This extension is important in the context of developing economies, due to their abundance of unskilled labour, relative...

This paper develops model of growth in an economy where the capital stock is rationed across labour inputs, as in the dual, or segmented, labour market literature on developing economies. In this economy, the increased use of labour in the formal sectors can sustain high marginal and average...

This study investigates China’s tedious but patient path to development. Starting with the milestone year 1985, China’s first major step was to completely reform its science and technology (S&T) management system. This was followed up with the implementation of an ambitious long-term...

Several efforts have been made to estimate the relationship between intensity of metal use and per capita income at different levels with results supporting the hypothesis that metal consumption per unit of GDP initially increases, peak and later decline with rising income per head. This paper...