Endogenous Growth: Lessons for and from Economic History

Nicholas Crafts ()

No 1333, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: The paper surveys both the usefulness of endogenous innovation models of growth in economic history and the implications of historical research for new growth theorists. It is suggested that economic historians should take endogenous innovation models seriously and that this will help them to integrate traditional historians' emphasis on the impact of institutions and policy with cliometric research. A review of historical research suggests that growth economists should pay more attention to learning effects and technological shocks. Further research into measurement issues is shown to be seriously needed, notably, into establishing the magnitude and sources of total factor productivity growth.

Keywords: Economic Growth; Endogenous Innovation; Total Factor Productivity (search for similar items in EconPapers)
JEL-codes: N10 O47 O52 (search for similar items in EconPapers)
Date: 1996-01
View citations in EconPapers

Downloads: (external link)
http://www.cepr.org/pubs/dps/DP1333.asp (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:cpr:ceprdp:1333

Ordering information: This working paper can be ordered from
http://www.cepr.org/pubs/dps/DP1333.asp

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers
Address: Centre for Economic Policy Research, 53--56 Great Sutton Street, London EC1V 0DG
Series data maintained by ().