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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP850 |
DP850 On the Historical Continuity of the Process of Economic Growth | |
Theo van de Klundert; Anton van Schaik | |
发表日期 | 1993-10-31 |
出版年 | 1993 |
语种 | 英语 |
摘要 | Pooled regressions, first of eight and then of sixteen countries, show a steady and robust process of endogenous growth in Europe since 1870, interrupted only by the events of World War II and the impact of convergence towards US levels of performance in the 1950s and the 1960s. This result contrasts with that of Maurice Scott, who finds that growth accelerated after 1945. Catching up is no longer relevant in the 1970s and the 1980s, despite a continuing gap in productivity levels vis á vis the US. Neither was it relevant in the pre-World War II era. Growth is, therefore, characterized by the device `back to normal'. Even so, some under-perform in terms of economic growth. |
关键词 | Catching up Endogenous growth Empirics of growth |
URL | https://cepr.org/publications/dp850 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529998 |
推荐引用方式 GB/T 7714 | Theo van de Klundert,Anton van Schaik. DP850 On the Historical Continuity of the Process of Economic Growth. 1993. |
条目包含的文件 | 条目无相关文件。 |
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