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This paper discusses some aspects of the changing relationship between thestudy of economic history and development economics. Forty years ago thesubjects seemed to be quite closely linked in the sense that senior figuresstraddled both areas, the development history of the advanced countries...
Persistent link: https://www.econbiz.de/10005870756
Most economic historians would surely endorse Paul Romer's view expressed above that technological progress lies at the heart of long run economic growth. Long ago Kuznets identified the epoch of 'modern economic growth' as one where growth came to be driven by scientific and technological...
Persistent link: https://www.econbiz.de/10005870592
We find little support for the Schumpeterian hypothesis of a positiverelationship between market power and innovation … viewed as arisinglargely from the difficulties of reaping the benefits of innovation rather thanfrom a failure to innovate …
Persistent link: https://www.econbiz.de/10005870753