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This paper develops data on the history of wages and prices in Beijing, Canton, Suzhou/Shanghai in China from the eighteenth century to the twentieth and compare them with leading cities in Europe, Japan and India in terms of nominal wages, the cost of living, and the standard of living. In the...
Persistent link: https://www.econbiz.de/10005870478
This paper considers the 1990s in the context of long run economic growth performance. Growth in the context of this paper should be understood to comprise the growth of real living standards as well as real GDP per person. There were a number of new experiences during the decade that were...
Persistent link: https://www.econbiz.de/10005870575
The impact that the francoist autarkic economic policy had on the Spanish economy is assessed using the Domestic Resource Cost (DRC) as an indicator. This indicator compares the real opportunity cost of the primary factors used in the production of a certain good with its aggregated value at...
Persistent link: https://www.econbiz.de/10005870595
In recent years there has been an upsurge of interest among growth economists in General Purpose Technologies (GPTs). A GPT can be defined as "a technology that initially has much scope for improvement and evntually comes to be widely used, to have many uses, and to have many Hicksian and...
Persistent link: https://www.econbiz.de/10005870597