Stability in long-term growth: evidence for a single deterministic trend in Germany (1870-1989)

Stefan Belliveau

MPRA Paper from University Library of Munich, Germany

Abstract: This working paper presents analysis about long-term trend in economic growth by examining per-capita GDP in Germany for the years 1870-1989. It supports explanation for economic growth by way of a single, deterministic trend in market-centered economies, when holding non-economic features constant. This working paper's conclusions do not exclude the possibility that a change to trend growth in per-capita GDP occurs in the post-war German period; but it is suggestive that a single, deterministic trend is more influential than the surface data appear.

Keywords: Economic growth; economic history; Germany, 1870-1989 (search for similar items in EconPapers)
JEL-codes: N00 N13 N14 O50 O52 (search for similar items in EconPapers)
Date: 2012-03-20
New Economics Papers: this item is included in nep-his
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https://mpra.ub.uni-muenchen.de/37511/1/MPRA_paper_37511.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/37601/2/MPRA_paper_37601.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:37511

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