AbstractGrowth theory offers two plausible explanations of growth. One stresses the supply of productive ideas and holds that the industrial revolution had to wait until we had thought up enough inventions to lift us into the era of modern growth. It says, roughly, that the growth of living standards depends on the growth of science. The other explanation stresses incentives: Growth could begin only when hard work and business enterprise were free of heavy taxation, of social stigma and of other interference by the government and the church. The first branch of theory is well developed; it is the second that now challenges the growth economist to explain not just growth, but the evolution of political and religious institutions and social attitudes as well.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 7468.
Date of creation: Jan 2000
Date of revision:
Contact details of provider:
Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Web page: http://www.nber.org
More information through EDIRC
Find related papers by JEL classification:
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-01-24 (All new papers)
- NEP-DEV-2000-01-24 (Development)
- NEP-DGE-2000-01-24 (Dynamic General Equilibrium)
- NEP-INO-2000-01-24 (Innovation)
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.:
- Jones, Charles I, 1995. "Time Series Tests of Endogenous Growth Models," The Quarterly Journal of Economics, MIT Press, vol. 110(2), pages 495-525, May.
- repec:fth:starer:9816 is not listed on IDEAS
- Stephen L. Parente & Edward C. Prescott, 2002. "Barriers to Riches," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262661306, January.
- Murphy, Kevin M. & Shleifer, Andrei & Vishny, Robert W., 1989.
"Industrialization and the Big Push,"
3606235, Harvard University Department of Economics.
- Galor, Oded & Zeira, Joseph, 1988.
"Income Distribution and Macroeconomics,"
51644, University Library of Munich, Germany, revised 01 Sep 1989.
- Mokyr, Joel, 1992. "Technological Inertia in Economic History," The Journal of Economic History, Cambridge University Press, vol. 52(02), pages 325-338, June.
- Jovanovic, B., 1998.
"Vintage Capital and Equality,"
98-16, C.V. Starr Center for Applied Economics, New York University.
- Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416.
- Azariadis, Costas & Drazen, Allan, 1990. "Threshold Externalities in Economic Development," The Quarterly Journal of Economics, MIT Press, vol. 105(2), pages 501-26, May.
- Kremer, Michael, 1993. "Population Growth and Technological Change: One Million B.C. to 1990," The Quarterly Journal of Economics, MIT Press, vol. 108(3), pages 681-716, August.
- repec:fth:starer:98-16 is not listed on IDEAS
- Baumol, William J, 1990. "Entrepreneurship: Productive, Unproductive, and Destructive," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 893-921, October.
- Surfield, Christopher J., 2008. "Information Technology and Economic Performance: A Global Analysis," MPRA Paper 14009, University Library of Munich, Germany.
- Bouton, L. & Sumlinski, M.A., 2000. "Trends in Private Investment in Developing Countries. Statistics for 1970-1998," Papers 41, World Bank - International Finance Corporation.
- Easterly, William, 2001.
" The Middle Class Consensus and Economic Development,"
Journal of Economic Growth,
Springer, vol. 6(4), pages 317-35, December.
- Easterly, William, 2000. "the middle class consensus and economic development," Policy Research Working Paper Series 2346, The World Bank.
- Furquim, Lilian & Garcia, Fernando, 2001. "Inequality and Economic Growth in Latin," Textos para discussÃ£o 104, Escola de Economia de São Paulo, Getulio Vargas Foundation (Brazil).
- Rehme, Gunther, 2006.
"Redistribution and economic growth in integrated economies,"
Journal of Macroeconomics,
Elsevier, vol. 28(2), pages 392-408, June.
- Rehme, Günther, 2004. "Redistribution and Economic Growth in Integrated Economies," Darmstadt Discussion Papers in Economics 21580, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute of Economics (VWL).
- Rehme, Günther, 2007. "Endogenous (Re-)Distributive Policies and Economic Growth: A Comparative Static Analysis," Darmstadt Discussion Papers in Economics 35714, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute of Economics (VWL).
- Lawrence Bouton & Mariusz A. Sumlinski, 2000. "Trends in Private Investment in Developing Countries : Statistics for 1970-1998," World Bank Publications, The World Bank, number 13986, January.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.