Europe provides a suitable scenario for testing regularities of growth since its countries share to a large extent institutions, policies, and resource endowments. Patterns of development, that associate structural change to variations in GDP per head and population, are constructed for Europe in the nineteenth and the twentieth centuries along the lines of Chenery and Syrquin (1975) pathbreaking work. Thus, it is possible to discern whether a common set of development processes is observable for the whole continent and whether countries which had a late start exhibited, as posited by Gerschenkron (1962), a differential behaviour in terms of accumulation, resource allocation, and demographic transition. The results tend to confirm the different nature of latecomers’ development.
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Paper provided by Universidad Carlos III, Departamento de Historia Económica e Instituciones in its series Working Papers in Economic History with number
wh057910.
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Syrquin, Moshe, 1988.
"Patterns of structural change,"
Handbook of Development Economics,
in: Hollis Chenery† & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 7, pages 203-273
Elsevier.
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