Der Autor geht der Frage nach, warum die industrielle Revolution nicht schon im 14. Jahrhundert in China stattfand, als dort bereits alle Voraussetzungen vorhanden waren, die England und Europa erst im 19. Jahrhundert erreichten. Verbreitetste Hypothese ist die sogenannte Gleichgewichtsfalle auf...

This article constructs a model of technological choice in an economy where market exchanges in land and labour are prohibited. Empirical data on demand for tractors, tractor usage and chemical fertilisers in China are employed to test several hypotheses derived from the theoretical model. The...

In this paper, we develop an endogenous growth model that combines structural change with repeated product improvements. There are two sectors in the present paper, one is traditional sector, and the other is modern sector. The technological progress in the traditional sector takes the form of...

"The authors develop an endogenous growth model that combines structural change with repeated product improvement. That is, the technologies in one sector of the model become not only increasingly capital-intensive, but also progressively productive over time. Application of the basic model to...