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来源类型Working Paper
规范类型报告
DOI10.3386/w23343
来源IDWorking Paper 23343
Growing, Shrinking, and Long Run Economic Performance: Historical Perspectives on Economic Development
Stephen Broadberry; John Joseph Wallis
发表日期2017-04-24
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History ; Macroeconomic History ; Development and Growth ; Development ; Growth and Productivity
URLhttps://www.nber.org/papers/w23343
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581017
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GB/T 7714
Stephen Broadberry,John Joseph Wallis. Growing, Shrinking, and Long Run Economic Performance: Historical Perspectives on Economic Development. 2017.
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