Twentieth Century Growth

Nicholas Crafts and O’Rourke Hjortshøj, Kevin
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O’Rourke Hjortshøj, Kevin: All Souls College, Oxford
Authors registered in the RePEc Author Service: Kevin Hjortshøj O'Rourke

CAGE Online Working Paper Series from Competitive Advantage in the Global Economy (CAGE)

Abstract: This paper surveys the experience of economic growth in the 20th century with a focus on technological change at the frontier together with issues related to success and failure in catch-up growth. A detailed account of growth performance based on historical national accounts data is given and is accompanied by a review of growth accounting evidence on the sources of economic growth. The key features of our analysis of divergence in growth outcomes are an emphasis on the importance of ‘directed’ technical change, of institutional quality, and of geography. We provide brief case studies of the experience of individual countries to illustrate these points.

Keywords: catch-up growth; divergence; growth accounting; technical change (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-gro and nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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http://www2.warwick.ac.uk/fac/soc/economics/resear ... /153-2013_crafts.pdf

Related works:
Working Paper: Twentieth Century Growth (2013)
Working Paper: Twentieth Century Growth (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:cge:wacage:153

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