Showing 1 - 10 of 17
This paper integrates a simple theory of identity choice into a framework of endogenous economic growth to explain how … experience this pleasure from consumption. These activities are conducive to economic growth. Higher income makes consumption … investigates the Protestant Reformation as an intermediate stage during the take-off to growth. Another extension introduces …
Persistent link: https://www.econbiz.de/10010492354
In medieval times, most people identified with religious values and aggregate income and productivity grew at glacier speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and unprecedented rates. The present paper develops a simple...
Persistent link: https://www.econbiz.de/10010357676
Persistent link: https://www.econbiz.de/10010423974
by declining religiosity. In order to explain this phenomenon, we integrate into standard R&D-based growth theory a micro … labor share in R&D and gradually increasing productivity growth. We use these insights to reflect on trends in religiosity … and R&D-based growth in the very long run, from Enlightenment to the present day. …
Persistent link: https://www.econbiz.de/10011490822
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the … ; endogenous growth ; knowledge diffusion ; productivity slowdown ; convergence ; divergence …
Persistent link: https://www.econbiz.de/10009665630
Conventional R&D-based growth theory argues that productivity growth is driven by population growth but the data …. In order to resolve this problem we integrate R&D-based innovations into a unified growth framework with micro …-founded fertility and schooling behavior. The model explains the historical emergence of R&D-based growth and the subsequent emergence …
Persistent link: https://www.econbiz.de/10009619095
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the … ; Endogenous Growth ; Knowledge Diffusion ; Productivity Slowdown ; Convergence ; Divergence …
Persistent link: https://www.econbiz.de/10008906821
Persistent link: https://www.econbiz.de/10008934951
Persistent link: https://www.econbiz.de/10010226091
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … and an epoch of high growth linked by a gradual economic take-off. It is shown how the feedback mechanism can explain the …
Persistent link: https://www.econbiz.de/10014210334