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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11973 |
DP11973 Growing, Shrinking and Long Run Economic Performance: Historical Perspectives on Economic Development | |
Stephen Broadberry; John Wallis | |
发表日期 | 2017-04-19 |
出版年 | 2017 |
语种 | 英语 |
摘要 | Using annual data from the thirteenth century to the present, we show that improved long run economic performance has occurred primarily through a decline in the rate and frequency of shrinking, rather than through an increase in the rate of growing. Indeed, as economic performance has improved over time, the short run rate of growing has typically declined rather than increased. Most analysis of the process of economic development has hitherto focused on increasing the rate of growing. Here, we focus on understanding the forces making for a reduction in the rate of shrinking, drawing a distinction between proximate and ultimate factors. The main proximate factors considered are (1) structural change (2) technological change (3) demographic change and (4) the changing incidence of warfare. We conclude with a consideration of institutional change as the key ultimate factor behind the reduction in shrinking. |
主题 | Economic History |
URL | https://cepr.org/publications/dp11973 |
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/540784 |
推荐引用方式 GB/T 7714 | Stephen Broadberry,John Wallis. DP11973 Growing, Shrinking and Long Run Economic Performance: Historical Perspectives on Economic Development. 2017. |
条目包含的文件 | 条目无相关文件。 |
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