In the 1960s, Norway lagged behind its Scandinavian neighbors in the aggregate value of economic production per capita, as it had for decades. By the 1990s, Norway had caught up with and forged ahead of Denmark and Sweden. When and why did Norway catch up? The discovery and extraction of oil in...

In the 1960s, Norway lagged behind its Scandinavian neighbors in the aggregate value of economic production per capita, as it had for decades. By the 1990s, Norway had caught up with and forged ahead of Denmark and Sweden. When and why did Norway catch up? The discovery and extraction of oil in...

Unified Growth Theory explores the fundamental factors that have contributed to the remarkable transition from stagnation to growth and examines their significance for the understanding of the contemporary growth process of developed and less developed economies. Moreover, it sheds light on the...

This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that, in the course of the...

Esse artigo utiliza dados recentes para identificar o período em que o Brasil teve maior perda de PIB per capita relativo em relação a um conjunto de países utilizados como parâmetro de comparação, entre eles Canadá, EUA, Nova Zelândia e Austrália. Além disso, utilizaram-se dados...

The paper contributes to the debate on relative levels of living in the early modern world by estimating the income of and probable range of income growth in Bengal before European colonization. The exercise yields two conclusions, (a) average income in Bengal was significantly smaller than that...