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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 over most of human history, induced growth theorists to advance an …
Persistent link: https://www.econbiz.de/10014023783
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 uni...ted theory encompasses the observed evolution of … growth. The theory suggests that prolonged economic stagnation prior to the transition to sustained growth stimulated natural …
Persistent link: https://www.econbiz.de/10005196962