Unified Growth Theory (eBook)

Oded Galor (Autor)

eBook Download: EPUB

2011
Princeton University Press (Verlag)
9781400838868 (ISBN)

Infos

For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth. Presents a unified theory of economic growth from the dawn of civilization to today Explains the worldwide disparities in living standards and population we see today Provides a comprehensive overview of the three phases of the development process Analyzes the Malthusian theory and its empirical support Examines theories of demographic transition and their empirical significance Explores the interaction between economic development and human evolution

Autor

Oded Galor is the Herbert H. Goldberger Professor of Economics at Brown University.

Produkt-Details

• Erscheint lt. Verlag: 11.4.2011
• Zusatzinfo: 74 line illus. 12 tables.
• Verlagsort: Princeton
• Sprache: englisch
• Themenwelt: Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte
• Themenwelt: Sozialwissenschaften ► Soziologie ► Empirische Sozialforschung
• Themenwelt: Wirtschaft ► Allgemeines / Lexika
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
• Schlagworte: Agriculture • birth rate • Budget • budget constraint • Capital Accumulation • Capital Formation • Capitalism • Ceteris paribus • child rearing • Comparative Advantage • Cost of raising a child • Covariate • Demographic Transition • Determinant • Determination • developed country • Economic Development • Economic equilibrium • economic forces • Economic Growth • Economic History • Economics • economy • education reform • Efficiency • Emergence • Emerging Technologies • Exogeny • Expansion path • Factors of Production • fertility • Globalization • Great Divergence • Household • Human Capital • Hunter-Gatherer • Incentive • income • Income and fertility • income distribution • industrialisation • Industrial Organization • Industry • Infant Mortality • Institution • International Trade • Investment • Latin America • Lecture • Life Expectancy • Literacy • Longevity • Long run and short run • Malthusian Trap • Mesolithic • Microfoundations • mortality rate • Neolithic revolution • Net reproduction rate • opportunity cost • Output (economics) • percentage • Percentage point • Physical Capital • population density • population dynamics • Population Growth • population pyramid • Population Size • Prediction • Production Function • Productivity • Profit (economics) • Provision (accounting) • Quantity • Rate of return • Relative price • Risk Aversion • Secondary sector of the economy • Spatial distribution • standard of living • statistical significance • Subset • substitution effect • Supply (economics) • Technological Change • technological paradigm • Technology • Total Fertility Rate • Trade-off • Unified Growth Theory • urbanization • Utility • Wealth • Western Europe • Workforce • Workforce productivity • World Economy • World Population • year
• ISBN-13: 9781400838868 / 9781400838868