Recent developments in the theory of very long run growth: a historical appraisal
Broadberry, Stephen (2007) Recent developments in the theory of very long run growth: a historical appraisal. Working Paper. Coventry: University of Warwick, Department of Economics. Warwick economic research papers (TWERPS), Volume 2007 (No.818).
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This paper offers a historical appraisal of recent developments in the theory of very long run growth, focusing on three main areas: (1) linkages between wages, population and human capital (2) interactions between institutions, markets and technology and (3) sustaining the process of economic growth once it has started. Historians as well as economists have recently begun to break away from the traditional practice of using different methods to analyse the world before and after the industrial revolution. However, tensions remain between the theoretical and historical literatures, particularly over the unit of analysis (the world or particular countries) and the role of historical contingency.
|Item Type:||Working or Discussion Paper (Working Paper)|
|Subjects:||H Social Sciences > HC Economic History and Conditions|
|Divisions:||Faculty of Social Sciences > Economics|
|Library of Congress Subject Headings (LCSH):||Economic development, Wages -- Effect of labor mobility on, Population -- Economic aspects, Technological innovations -- Economic aspects, Statics and dynamics (Social sciences)|
|Series Name:||Warwick economic research papers (TWERPS)|
|Publisher:||University of Warwick, Department of Economics|
|Place of Publication:||Coventry|
|Official Date:||22 September 2007|
|Number of Pages:||49|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Open Access|
Acemoglu, D., Johnson, S. and Robinson, J. (2005), “The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth”, American Economic Review, 95, 546-579.
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