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13. Long-Run Economic Development: A Survey of the Literature

verfasst von : Sambit Bhattacharyya

Erschienen in: A History of Global Capitalism

Verlag: Springer International Publishing

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Abstract

This chapter presents a review of the literature on long-run economic development. It may not be exhaustive and I am sure I have missed many. Nevertheless, this should offer the reader a wide spectrum of views in this literature.

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Vorheriges Kapitel Rivalry, Expansionism, and the Future of the International System

Note that large sections of Chap. 13 is a reproduction of my earlier work Bhattacharyya (2011) with permission from the publisher.

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Yang and Borland (1991) uses a growth model to formalise Adam Smith’s notion of division of labour.

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Wacziarg and Welch (2003) improve the Sachs and Warner (1995a) measure and extend it to the 1990s. Their measure, however, is not free from the basic criticisms of Rodrik and Rodriguez (2000). Bhattacharyya (2012) examine the effect of trade openness on institutions.

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Titel: Long-Run Economic Development: A Survey of the Literature
verfasst von: Sambit Bhattacharyya
Verlag: Springer International Publishing
Buch: A History of Global Capitalism
Print ISBN: 978-3-030-58735-2

Electronic ISBN: 978-3-030-58736-9

Copyright-Jahr: 2020
DOI: https://doi.org/10.1007/978-3-030-58736-9_13

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