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2008 Lawrence R. Klein Lecture –Comparative Economic Development: Insights from Unified Growth Theory

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This paper explores the implications of Uni.ed Growth Theory for the origins of existing di¤erences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identi.es the factors that have governed the pace of the transitionfrom 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 e¤ects that variations in pre-historical biogeographical conditions have generated on the composition of human capital and economic development across the globe.

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Paper provided by Brown University, Department of Economics in its series Working Papers with number 2009-10.

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Date of creation: 2009
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Handle: RePEc:bro:econwp:2009-10

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Postal: Department of Economics, Brown University, Providence, RI 02912

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Keywords: Growth; Comparative Development; Globalization; Technological Progress; Demographic Transition; Diversity; Human Capital; Malthusian Stagnation;

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Cited by:
  1. Ashraf, Quamrul & Galor, Oded, 2011. "The 'Out of Africa' Hypothesis, Human Genetic Diversity, and Comparative Economic Development," CEPR Discussion Papers, C.E.P.R. Discussion Papers 8500, C.E.P.R. Discussion Papers.
  2. Klaus Desmet & Stephen L. Parente, 2009. "The Evolution of Markets and the Revolution of Industry: A Unified Theory of Growth," Development Working Papers, Centro Studi Luca d\'Agliano, University of Milano 284, Centro Studi Luca d\'Agliano, University of Milano.
  3. Bluedorn, John C. & Valentinyi, Akos & Vlassopoulos, Michael, 2009. "The Long-Lived Effects of Historic Climate on the Wealth of Nations," MPRA Paper 18701, University Library of Munich, Germany.
  4. Lombardo, Vincenzo, 2012. "Social inclusion and the emergence of development traps," MPRA Paper 36766, University Library of Munich, Germany.
  5. Alexander Rathke & Samad Sarferaz, 2010. "Malthus was right: new evidence from a time-varying VAR," IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich 477, Institute for Empirical Research in Economics - University of Zurich.
  6. Ahmed S. Rahman, 2010. "An Exceptionally Simple Theory of Industrialization," Departmental Working Papers, United States Naval Academy Department of Economics 27, United States Naval Academy Department of Economics.

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