2008 Lawrence R. Klein lecture - Comparative economic development: Insights from unified growth theory

Arbeitspapier

This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from stagnation to growth and have thus contributed to contemporary variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and convergence clubs, and it underlines the persistent effects that variations in pre-historical biogeographical conditions have generated on the composition of human capital and economic development across the globe.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 2009-10

Classification and Topics

• Classification: Wirtschaft ; Macroeconomic Aspects of International Trade and Finance: General ; Macroeconomic Analyses of Economic Development ; Industrialization; Manufacturing and Service Industries; Choice of Technology ; Economic Development: Human Resources; Human Development; Income Distribution; Migration ; Technological Change: Choices and Consequences; Diffusion Processes ; Economic Growth and Aggregate Productivity: General ; Demographic Economics: General ; Fertility; Family Planning; Child Care; Children; Youth
• Subject: Growth ; Comparative Development ; Globalization ; Technological Progress ; Demographic Transition ; Diversity ; Human Capital ; Malthusian Stagnation ; Wachstumstheorie ; Einkommensverteilung ; Wirtschaftswachstum ; Vergleich ; Bevölkerungsentwicklung ; Humankapital ; Technischer Fortschritt ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Galor, Oded
• Event: Veröffentlichung
• (who): Brown University, Department of Economics
• (where): Providence, RI
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/62610
• Last update: 10.03.2025, 11:41 AM CET