Journal ArticleDOI
A Contribution to the Theory of Economic Growth
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In this paper, a model of long run growth is proposed and examples of possible growth patterns are given. But the model does not consider the long run of the economy and does not take into account the characteristics of interest and wage rates.Abstract:
I. Introduction, 65. — II. A model of long-run growth, 66. — III. Possible growth patterns, 68. — IV. Examples, 73. — V. Behavior of interest and wage rates, 78. — VI. Extensions, 85. — VII. Qualifications, 91.read more
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Paths to Success: The Relationship between Human Development and Economic Growth
TL;DR: This article explored the two-way relationship between economic growth and human development and found that HD plays an essential role in explaining growth trajectories, and also developed a measure of the strength of the EG to HD relationship and explore some of its empirical determinants.
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Free Trade, Growth, and Convergence
TL;DR: In this paper, the role of knowledge spillovers emanating from heightened trade can have in income convergence and growth rates over the long run, and the model also facilitates an analysis of the dynamic behavior of income levels and terms of trade as well as growth rates during the transition between steady states.
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Convergence in the age of mass migration
TL;DR: The authors of as discussed by the authors suggest that migration could account for very large shares of the convergence in labour productivity and real wages, though a much smaller share in GDP per capita, and that virtual cessation of convergence in the interwar period could be partially explained by the imposition of quotas and other barriers to migration.
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The journal of political economy
TL;DR: In this paper, the authors explore a hypothesis, based on acIcumulating evidence, regarding the character of inventions likely to issue from the research laboratories of the large industrial corporations.