Twentieth Century Growth

Nicholas Crafts and Kevin O'Rourke

No 9633, CEPR Discussion Papers from Centre for Economic Policy Research

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)
JEL-codes: N10 O33 O43 O47 (search for similar items in EconPapers)
Date: 2013-09
New Economics Papers: this item is included in nep-fdg, nep-his and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
https://cepr.org/publications/DP9633 (application/pdf)

Related works:
Working Paper: Twentieth Century Growth (2013)
Working Paper: Twentieth Century Growth (2013)
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: https://EconPapers.repec.org/RePEc:cpr:ceprdp:9633

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP9633

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().