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rate effect, and how much a true growth effect? If there are growth effects, how much of this is based on accelerating …
Persistent link: https://www.econbiz.de/10011083629
Like the rest of the poor periphery, Mexico had to deal with de-industrialization forces between 1750 and 1913, those critical 150 years when the economic gap between the industrial core and the primary-product-producing periphery widened to such huge dimensions. Yet, from independence to...
Persistent link: https://www.econbiz.de/10005123574
A recent endogenous growth literature has focused on the transition from a Malthusian world where real wages were … linked to factor endowments, to one where modern growth has broken that link. In this Paper we present evidence on another … locate the causes in the Industrial Revolutionary forces emphasized by endogenous growth theorists, we provide evidence that …
Persistent link: https://www.econbiz.de/10005123980
- institutions, geography and culture - exhibit far more persistence than do the growth rates they are supposed to explain. Using a … relative both to the industrial leaders and to other primary product exporters. This fact helps explain the growth puzzle noted … by Easterly, Kremer, Pritchett and Summers more than a decade ago: that the contending fundamental determinants of growth …
Persistent link: https://www.econbiz.de/10005124340
The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards … modern industrial growth breaks that link. Recently, economic historians have presented evidence from England showing that … secular rise thereafter – must be explained both by industrial revolutionary growth forces and by global forces that opened up …
Persistent link: https://www.econbiz.de/10005114196