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Recent Developments In The Theory Of Very Long Run Growth: A Historical Appraisal

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  • Broadberry, Stephen

Abstract

This paper offers a historical appraisal of recent developments in the theory of very long run growth, focusing on three main areas: (1) linkages between wages, population and human capital (2) interactions between institutions, markets and technology and (3) sustaining the process of economic growth once it has started. Historians as well as economists have recently begun to break away from the traditional practice of using different methods to analyse the world before and after the industrial revolution. However, tensions remain between the theoretical and historical literatures, particularly over the unit of analysis (the world or particular countries) and the role of historical contingency.

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  • Broadberry, Stephen, 2007. "Recent Developments In The Theory Of Very Long Run Growth: A Historical Appraisal," Economic Research Papers 269767, University of Warwick - Department of Economics.
    • Handle: RePEc:ags:uwarer:269767
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    Cited by:

    1. Oded Galor, 2010. "The 2008 Lawrence R. Klein Lecture-Comparative Economic Development: Insights From Unified Growth Theory," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(1), pages 1-44, February.
    2. Daniel Mejía & María Teresa Ramírez & Jorge Tamayo, 2008. "The Demographic Transition in Colombia: Theory and Evidence," BORRADORES DE ECONOMIA 005128, BANCO DE LA REPÚBLICA.
    3. Ken Tabata, 2013. "The Expansion of the Commercial Sector and the Child Quantity-Quality Transition in a Malthusian World," Discussion Paper Series 105, School of Economics, Kwansei Gakuin University, revised May 2013.
    4. Alexander Rathke & Samad Sarferaz, 2010. "Malthus was right: new evidence from a time-varying VAR," IEW - Working Papers 477, Institute for Empirical Research in Economics - University of Zurich.

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