The Facts of Economic Growth

Charles Jones

No 21142, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Why are people in the richest countries of the world so much richer today than 100 years ago? And why are some countries so much richer than others? Questions such as these define the field of economic growth. This paper documents the facts that underlie these questions. How much richer are we today than 100 years ago, and how large are the income gaps between countries? The purpose of the paper is to provide an encyclopedia of the fundamental facts of economic growth upon which our theories are built, gathering them together in one place and updating the facts with the latest available data.

JEL-codes: E0 O4 (search for similar items in EconPapers)
Date: 2015-05
New Economics Papers: this item is included in nep-fdg, nep-gro, nep-his and nep-mac
Note: EFG PR
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (49)

Published as C.I. Jones, Chapter 1 - The Facts of Economic Growth, Editor(s): John B. Taylor, Harald Uhlig, Handbook of Macroeconomics, Elsevier, Volume 2, 2016, Pages 3-69, ISSN 1574-0048, ISBN 9780444594877, https://doi.org/10.1016/bs.hesmac.2016.03.002.

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Chapter: The Facts of Economic Growth (2016)
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