History, Microdata, and Endogenous Growth

Ufuk Akcigit and Tom Nicholas

Annual Review of Economics, 2019, vol. 11, issue 1, 615-633

Abstract: The study of economic growth is concerned with long-run changes, and therefore, historical data should be especially influential in informing the development of new theories. In this review, we draw on the recent literature to highlight areas in which study of history has played a particularly prominent role in improving our understanding of growth dynamics. Research at the intersection of historical data, theory, and empirics has the potential to reframe how we think about economic growth in much the same way that historical perspectives helped to shape the first generation of endogenous growth theories.

Date: 2019
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DOI: 10.1146/annurev-economics-080218-030204

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