This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

The Dynamics of Smithian Growth

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Kelly, Morgan

Additional information is available for the following registered author(s):

Abstract

This paper analyzes the evolution of an economy where growth is driven by increased specialization caused by the geographical expansion of markets. It proves that such Smithian growth exhibits generic threshold behavior. Below a critical density of transport linkages, the economy is split into isolated local markets with limited specialization. Above the critical density, these markets begin to fuse into a large, economywide market causing growth to accelerate. This allows an explicit test of the consensus among historians of Sung dynasty China that the economic revolution during that period was a result of commercialization caused by the creation of a national waterway network. Copyright 1997, the President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Download Info
To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Publisher Info
Article provided by MIT Press in its journal Quarterly Journal of Economics.

Volume (Year): 112 (1997)
Issue (Month): 3 (August)
Pages: 939-64
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:tpr:qjecon:v:112:y:1997:i:3:p:939-64

Contact details of provider:
Web page: http://mitpress.mit.edu/journals/

Order Information:
Web: http://mitpress.mit.edu/journal-home.tcl?issn=00335533

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords:

Other versions of this item:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
  1. Aiyar, Shekhar & Dalgaard, Carl-Johan & Moav, Omer, 2006. "Technological Progress and Regress in Pre-Industrial Times," CEPR Discussion Papers 5454, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  2. Jeffrey D. Sachs & Xiaokai Yang, 1999. "Gradual Spread of Market-Led Industrialization," CID Working Papers 11, Center for International Development at Harvard University. [Downloadable!]
    Other versions:
  3. Desmet, Klaus & Parente, Stephen, 2009. "The Evolution of Markets and the Revolution of Industry: A Quantitative Model of England's Development, 1300-2000," CEPR Discussion Papers 7290, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  4. Wacziarg, Romain & Imbs, Jean, 2000. "Stages of Diversification," Research Papers 1653, Stanford University, Graduate School of Business. [Downloadable!]
    Other versions:
  5. Richard E. Baldwin & Philippe Martin & Gianmarco I. P. Ottaviano, 1998. "Global Income Divergence, Trade and Industrializatiion: The Geography of Growth Take-Offs," NBER Working Papers 6458, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  6. Xavier Ragot, 2003. "Croissance par division du travail," Annales d'Economie et de Statistique, ADRES, issue 70, pages 04, Avril-Jui. [Downloadable!]
    Other versions:
  7. Canning, David & Bennathan, Esra, 2000. "The social rate of return on infrastructure investments," Policy Research Working Paper Series 2390, The World Bank. [Downloadable!]
  8. repec:att:wimass:192055 is not listed on IDEAS
  9. BEHRENS, Kristian, 2004. "Population growth and manufacturing real wages in 18th century England: a spatial perspective," CORE Discussion Papers 2004025, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
  10. repec:att:wimass:1920512 is not listed on IDEAS
  11. Groot, H.L.F. de, 1998. "Macroeconomic consequences of outsourcing : An analysis of growth, welfare, and product variety," Discussion Paper 43, Tilburg University, Center for Economic Research. [Downloadable!]
  12. Edgar Morgenroth, 2003. "What should Policy Makers Learn from Recent Advances in Growth Theory and New Economic Geography?," Papers WP150, Economic and Social Research Institute (ESRI). [Downloadable!]
  13. Gregg Huff, 2007. "Globalization, Natural Resources and Foreign Investment: A View from the Resource-Rich Tropics," Working Papers 2007_16, Department of Economics, University of Glasgow. [Downloadable!]
  14. Maiju Perälä, 2006. ""LOOKING AT THE OTHER SIDE OF THE COIN”: ALLYN YOUNG AND THE EARLY DEVELOPMENT THEORY," Journal of the History of Economic Thought, Taylor and Francis Journals, vol. 28(4), pages 461-488, December. [Downloadable!] (restricted)
Statistics
Access and download statistics

Did you know? A few items listed on IDEAS are over 2000 years old!

This page was last updated on 2009-10-19.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.