UNSPECIFIED (1995) THE GOLDEN-AGE OF ECONOMIC-GROWTH IN WESTERN-EUROPE, 1950-1973. ECONOMIC HISTORY REVIEW, 48 (3). pp. 429-447. ISSN 0013-0117

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Abstract

Ideas from recent work in growth economics are considered in the context of the historical experience of Europe after the Second World War. The episode is revealed as one of extraordinarily rapid catch-up based on an investment boom and enhanced social capability for growth. It is suggested that more research is needed on the measurement of human capital and the role of institutions in influencing rates of return on investments. The disappointing British growth performance is examined briefly and it is argued that current growth models are suggestive of interesting new ways of understanding this outcome.

Item Type:	Journal Article
Subjects:	H Social Sciences > HC Economic History and Conditions D History General and Old World H Social Sciences
Journal or Publication Title:	ECONOMIC HISTORY REVIEW
Publisher:	BLACKWELL PUBL LTD
ISSN:	0013-0117
Date:	August 1995
Volume:	48
Number:	3
Number of Pages:	19
Page Range:	pp. 429-447
Publication Status:	Published
URI:	http://wrap.warwick.ac.uk/id/eprint/19540

Data sourced from Thomson Reuters' Web of Knowledge

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