Economic Development in OECD Countries during the 20th Century
Maria-Carmen Guisan () and
M. Teresa Cancelo ()
Economic Development from University of Santiago de Compostela. Faculty of Economics and Business. Econometrics.
We present an analysis of economic growth and cycles in main EU, USA, Japan and other OECD countries during the period 1900-1997, and more detailed data and analysis of main economic aggregates for 25 OECD countries during the period 1964-94, including comparisons of Private and Public Consumption, Investment, External Trade and Population. The economic comparisons have into account both exchange rates and purchasing power parities. Some important aspects of demand and supply are analysed in relation with their influence both on economic growth and cycles. We use exponential rates of growth which are interesting for seeing the important influence that moderation of fertility rates have had in the increase of real GDP by inhabitant in OECD countries in comparison with other areas of the World. OECD countries have been generally advanced in education development and that has been one of the more important factors that explain their good performance during the first and second half of 20th century.
JEL-codes: E23 F0 O51 O52 O57 (search for similar items in EconPapers)
Pages: 14 pages
New Economics Papers: this item is included in nep-dev
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eaa:ecodev:49
Access Statistics for this paper
More papers in Economic Development from University of Santiago de Compostela. Faculty of Economics and Business. Econometrics. Contact information at EDIRC.
Bibliographic data for series maintained by M. Carmen Guisan ().