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Three main vantage points are brought together in this paper: (1) Israel’s relatively good economic performance in recent years – at least, in comparison with other Western countries that have still not emerged from the recession; (2) motivations for the wave of social protests that erupted...
Persistent link: https://www.econbiz.de/10011084118
estimate a growth equation that relates the growth rate of income per capita to the rates of accumulation of physical, human … variables to the relative growth performance of each country and to observed income convergence in the sample. …
Persistent link: https://www.econbiz.de/10005656166
growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per … transition from stagnation to growth and the associated phenomenon of the great divergence in income per capita across countries … has been widely viewed as one of the most significant challenges facing researchers in the field of growth and development …
Persistent link: https://www.econbiz.de/10005497992
prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early … fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the … fruits of factor accumulation and technological progress into growth of income per capita. This Paper examines various …
Persistent link: https://www.econbiz.de/10005662096
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and … economic growth since the emergence of the human species. This unified theory encompasses the observed evolution of population …, technology and income per capita in the long transition from an epoch of Malthusian stagnation to sustained economic growth. The …
Persistent link: https://www.econbiz.de/10005666934
evolutionary advantage to entrepreneurial, growth promoting traits and their increased representation accelerated the pace of … technological advancements and the process of economic development. Natural selection therefore had magnified growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to the convergence of the …
Persistent link: https://www.econbiz.de/10005136732
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10009002382
This paper considers the sources of long-term economic growth for Turkey over the period 1880-2005. The period in … in 1923. Hence, the paper provides a unique look at the growth experience of these two different political and economic … regimes. The paper examines in detail the evolution of factors that led to growth in output across broad periods, including …
Persistent link: https://www.econbiz.de/10005504216
Convergence concerns poor economies catching up with rich ones. At issue is what happens to the cross-sectional distribution of economies, not whether a single economy tends towards its own steady state. It is the latter, however, that has preoccupied the traditional approach to convergence...
Persistent link: https://www.econbiz.de/10005497811
What obstacles prevent the most productive technologies from spreading to less developed economies from the world’'s technological frontier? In this paper, we seek to shed light on this question by quantifying the geographic and human barriers to the transmission of technologies. We argue that...
Persistent link: https://www.econbiz.de/10011083750