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This paper offers a theoretical framework to understand the coevolution of social interactions and long-term economic growth. It begins by considering that most traditional societies did not have educational markets. Thus, access to the required knowledge for transiting to a modern economy had...
Persistent link: https://www.econbiz.de/10014111242
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...
Persistent link: https://www.econbiz.de/10014023783
Existing studies identify two major underlying mechanisms behind East and Southeast Asia’s miraculous economic performance in the past 5 decades: accumulation and technological catching-up. This study investigates empirically the relative importance of these two mechanisms in Asian development...
Persistent link: https://www.econbiz.de/10013328193
Persistent link: https://www.econbiz.de/10014259297
This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for 108 countries from 1971 to 2018, using a common data set, with VAR and panel data approach. We establish a new notion of multivariate sigma and beta-convergence. The results...
Persistent link: https://www.econbiz.de/10012487810
This study is trying to examine the different renewable energy sources and their impact on the economic growth at the state level under sustainable development goal seven (SDG-7). The SDGs goal (7th) defines the importance of clean, affordable and modern energy system in the World. Moreover,...
Persistent link: https://www.econbiz.de/10014512682
This study contributes to the scholarly literature on the drive towards sustainable development in light of the UN's Agenda 2030 and the African Union's Agenda 2063 by examining pathways through which energy efficiency (EE) promotes inclusive green growth (IGG) in Africa. Our contribution is...
Persistent link: https://www.econbiz.de/10013262630
Whether China continues its business-as-usual investment-driven, environment-polluting growth pattern or adopts an investment and innovation-driven, environmentally sustainable development holds important implications for both national and global environmental governance. Building on a...
Persistent link: https://www.econbiz.de/10011451689
Optimal Growth Economics is concerned with the investigation of the contemporary issues in general economics, and growth economics and in the formulation of optimal growth programs, especially the issue of the sustainability of growth. This book proposes the development of optimal growth...
Persistent link: https://www.econbiz.de/10009633080
Persistent link: https://www.econbiz.de/10001619581