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Recent Developments in the Theory of Very Long Run Growth: A Historical Appraisal

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  • Broadberry Stephen

    (London School of Economics, Department of Economic History, London, Großbritannien)

Abstract

This paper offers a historical appraisal of recent developments in the theory of very long run growth, focusing on two main areas: (1) linkages between wages, population and human capital and (2) interactions between institutions, markets and technology. Historians as well as economists have recently begun to break away from the traditional practice of using different methods to analyse the world before and after the industrial revolution. However, tensions remain between the theoretical and historical literatures, particularly over the unit of analysis (the world or particular countries) and the role of historical contingency.

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Article provided by De Gruyter in its journal Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook.

Volume (Year): 53 (2012)
Issue (Month): 1 (May)
Pages: 277-306

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Handle: RePEc:bpj:jbwige:v:53:y:2012:i:1:p:277-306:n:11

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Cited by:
  1. Alexander Rathke & Samad Sarferaz, 2010. "Malthus was right: new evidence from a time-varying VAR," IEW - Working Papers 477, Institute for Empirical Research in Economics - University of Zurich.
  2. Daniel Mejía & María Teresa Ramírez & Jorge Tamayo, 2008. "The Demographic Transition in Colombia: Theory and Evidence," BORRADORES DE ECONOMIA 005128, BANCO DE LA REPÚBLICA.
  3. Galor, Oded, 2009. "2008 Lawrence R. Klein Lecture -- Comparative Economic Development: Insights from Unified Growth Theory," CEPR Discussion Papers 7519, C.E.P.R. Discussion Papers.

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