Journal ArticleDOI
Human capital and the switch from agriculture to industry
TLDR
In this paper, a human capital externality in the total factor productivity of agriculture and industry is introduced to explain the transition from agriculture to industry, leading to a slow growth in population and income before a switch to a balanced growth path of higher population growth and rapid income growth.About:
This article is published in Journal of Economic Dynamics and Control.The article was published on 2002-12-01. It has received 194 citations till now. The article focuses on the topics: Total factor productivity & Capital deepening.read more
Citations
More filters
Posted Content
From Stagnation to Growth: Unified Growth Theory
TL;DR: In this article, the authors examined the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth, focusing on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology and population over the course of human history.
Journal ArticleDOI
Natural selection and the origin of economic growth
Oded Galor,Omer Moav +1 more
TL;DR: The authors developed an evolutionary growth theory that captures the interplay between the evolution of mankind and economic growth since the emergence of the human species, which encompasses the observed evolution of population, technology and income per capita in the long transition from an epoch of Malthusian stagnation to sustained economic growth.
Journal ArticleDOI
Accounting for Fertility Decline During the Transition to Growth
Matthias Doepke,Matthias Doepke +1 more
TL;DR: In this article, the authors developed a unified growth model that delivers a transition from stagnation to growth, accompanied by declining fertility, and used the model to determine whether government policies that affect the opportunity cost of education can account for cross-country variations in fertility decline.
ReportDOI
Growth and Ideas
TL;DR: In economics, ideas are different from nearly all other economic goods in that they are nonrivalrous, which implies that production possibilities are likely to be characterized by increasing returns to scale, an insight that has profound implications for economic growth.
Journal ArticleDOI
Gender Equality and Long-Run Growth
TL;DR: This paper showed that long-run economic and demographic development in Europe can be better understood when related to long-term trends in gender equality, dating back to the spread of Christianity, and set up a growth model where gaps in female-to-male human capital arise at equilibrium through a coordination process.
References
More filters
Book
Institutions, Institutional Change and Economic Performance
TL;DR: Douglass C. North as discussed by the authors developed an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time.
Posted Content
Institutions, Institutional Change, and Economic Performance
Douglass C. North,John Alt +1 more
TL;DR: In this article, the authors examine the role that institutions, defined as the humanly devised constraints that shape human interaction, play in economic performance and how those institutions change and how a model of dynamic institutions explains the differential performance of economies through time.
The mechanics of economic development
Abstract: This paper considers the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development. Three models are considered and compared to evidence: a model emphasizing physical capital accumulation and technological change, a model emphasizing human capital accumulation through schooling, and a model emphasizing specialized human capital accumulation through learning-by-doing.
Journal ArticleDOI
On the mechanics of economic development
TL;DR: In this article, the authors consider the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development, and compare three models and compared to evidence.
ReportDOI
Endogenous Technological Change
TL;DR: In this paper, the authors show that the stock of human capital determines the rate of growth, that too little human capital is devoted to research in equilibrium, that integration into world markets will increase growth rates, and that having a large population is not sufficient to generate growth.
Related Papers (5)
Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond
Oded Galor,David N. Weil +1 more