Multiple growth regimes: Insights from unified growth theory

Arbeitspapier

Unified Growth Theory uncovers the forces that contributed to the existence of multiple growth regimes and the emergence of convergence clubs. It suggests that differential timing of take-offs from stagnation to growth segmented economies into three fundamental regimes: slow growing economies in a Malthusian regime, fast growing countries in a sustained growth regime, and economies in the transition between these regimes. In contrast to existing research that links regime switching thresholds to critical levels of income or human capital, UGT associates them with critical changes in the rates of technological progress, population growth, and human capital formation.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 2007-08

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic Growth and Aggregate Productivity: General
• Thema: unified growth theory ; Malthusian epoch ; sustained growth ; convergence clubs ; demographic transition ; Wachstumstheorie ; Wirtschaftswachstum ; Bevölkerungstheorie ; Technischer Fortschritt ; Humankapital

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Galor, Oded
• Ereignis: Veröffentlichung
• (wer): Brown University, Department of Economics
• (wo): Providence, RI
• (wann): 2007

Weitere Informationen

• Handle: http://hdl.handle.net/10419/80103
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ