Unified Growth Theory
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Unified Growth Theory
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Author : Oded Galor
language : en
Publisher: Princeton University Press
Release Date : 2011-04-11
Unified Growth Theory written by Oded Galor and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-04-11 with Business & Economics categories.
For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth. Presents a unified theory of economic growth from the dawn of civilization to today Explains the worldwide disparities in living standards and population we see today Provides a comprehensive overview of the three phases of the development process Analyzes the Malthusian theory and its empirical support Examines theories of demographic transition and their empirical significance Explores the interaction between economic development and human evolution
From Stagnation To Growth
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Author : Oded Galor
language : en
Publisher:
Release Date : 2004
From Stagnation To Growth written by Oded Galor and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Economic development categories.
The Simplest Unified Growth Theory
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Author : Holger Strulik
language : en
Publisher:
Release Date : 2007
The Simplest Unified Growth Theory written by Holger Strulik and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Demographic transition categories.
Unified Growth Theory
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Author : Mia Thaning Olsen
language : da
Publisher:
Release Date : 2012
Unified Growth Theory written by Mia Thaning Olsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Testing Unified Growth Theory
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Author : Jakob Brøchner Madsen
language : en
Publisher:
Release Date : 2020
Testing Unified Growth Theory written by Jakob Brøchner Madsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
A core mechanism of unified growth theory is that accelerating technologicalprogress induces mass education and, in interaction with child quantity-quality substitution, a decline in fertility. Using unique new data for 21 OECD countries over theperiod 1750-2000, we test, for the first time, the validity of this core mechanism of unified growth theory. We measure a country's technological progress as patents per capita, genetic-distance weighted foreign patents, and investment in machinery, equipment and intellectual property products. Controlling for other confounders like income, mortality, thegender wage gap, indicators for child labor, compulsory schooling, and time- and country-fixed effects, we establish a strong positive impact of technological progress on investmentsin education and a strongly negative one on fertility. Using two-stage regressions, we assess the child quantity-quality substitution that can be motivated by technological change. We estimate that a 10 percent increase of enrollment in primary and secondary school isassociated with a decline of the general fertility rate by 3 to 4 percent.
From Malthus Stagnation To Sustained Growth
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Author : Bruno Chiarini
language : en
Publisher: Springer
Release Date : 2012-11-29
From Malthus Stagnation To Sustained Growth written by Bruno Chiarini and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-29 with Business & Economics categories.
A detailed exploration of the influence and utility of Thomas Malthus' model of population growth and economic changes in Europe since the nineteenth century. This important contribution to current discussions on theories of economic growth includes discussion of issues ranging from mortality and fertility to natural resources and the poverty trap.
Classical Unified Growth Theory
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Author : Tim Lueger
language : en
Publisher:
Release Date : 2019
Classical Unified Growth Theory written by Tim Lueger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.