Arbeitspapier

The history augmented Solow model

Unified growth theory predicts that the timing of the fertility transition is a key determinant of contemporary comparative development, as it marks the onset of the take-off to sustained growth. Neoclassical growth theory presupposes a take-off, and explains comparative development by variations in (subsequent) investment rates. The present analysis integrates these two perspectives empirically, and shows that they together constitute a powerful predictive tool vis-a-vis contemporary income differences.

Language
Englisch

Bibliographic citation
Series: Diskussionsbeitrag ; No. 460

Classification
Wirtschaft
Macroeconomic Analyses of Economic Development
Comparative Studies of Countries
Subject
Comparative Development
Unified Growth Theory
Neoclassical Growth Theory
Entwicklung
Vergleich
Wachstumstheorie
Demographischer Übergang
Investition
Theorie

Event
Geistige Schöpfung
(who)
Dalgaard, Carl-Johan
Strulik, Holger
Event
Veröffentlichung
(who)
Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät
(where)
Hannover
(when)
2010

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Dalgaard, Carl-Johan
  • Strulik, Holger
  • Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät

Time of origin

  • 2010

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