Stability in long-term growth : evidence for a single deterministic trend in Germany (1870-1989)
AbstractThis working paper presents analysis about long-term trend in economic growth by examining per-capita GDP in Germany for the years 1870-1989. It supports explanation for economic growth by way of a single, deterministic trend in market-centered economies, when holding non-economic features constant. This working paper's conclusions do not exclude the possibility that a change to trend growth in per-capita GDP occurs in the post-war German period; but it is suggestive that a single, deterministic trend is more influential than the surface data appear.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 37511.
Date of creation: 20 Mar 2012
Date of revision:
Economic growth ; economic history ; Germany; 1870-1989;
Find related papers by JEL classification:
- N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
- N00 - Economic History - - General - - - General
- O50 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - General
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
- N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
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