Can an evolutionary approach to development predict post-war economic growth?
Might differences in levels of development prior to the era of industrialisation explain some of the dramatic differences in rates of economic growth across developing countries in recent decades? This article explores the logic behind such a conjecture, and presents evidence that it is true, using population and agrarian densities as proxies for early development. Basic growth regressions are estimated for a sample of developing countries in 1960-90, and for provinces in one country, China, in 1978-92. The robustness of the results to the inclusion of other measures, including ethnic heterogeneity and 'social capability', is also shown.
Volume (Year): 36 (2000)
Issue (Month): 3 ()
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