Last edited by Nilkis
Thursday, February 6, 2020 | History

9 edition of Quantitative aspects of post-war European economic growth found in the catalog.

Quantitative aspects of post-war European economic growth

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Published by Cambridge University Press in Cambridge, New York, NY, USA .
Written in English

    Places:
  • Europe
    • Subjects:
    • Economic development.,
    • Europe -- Economic conditions -- 1945-,
    • Europe -- Economic policy.

    • Edition Notes

      Includes bibliographical references and index.

      Statementedited by Bart van Ark and Nicholas Crafts.
      ContributionsArk, Bart van., Crafts, N.F.R.
      Classifications
      LC ClassificationsHC240 .Q36 1996
      The Physical Object
      Paginationxxii, 442 p. :
      Number of Pages442
      ID Numbers
      Open LibraryOL978892M
      ISBN 100521496284
      LC Control Number96016149

      Journal of Law and Economics 12 1 Google Scholar Oliner, S. The extent to which private rules and private enforcement are able to substitute for an effective legal system and provide the necessary foundation for long-term economic growth is an unresolved issue. Rugman and Chang Hoon Oh 5. Google Scholar Ark, B.

      Unlike the economic booms of the s and s, when increasing exports played the key role in economic expansion, domestic demand propelled the Japanese economy in the late s. The instability of the s and s was replaced with replaced with a relatively predictable bipolar world in which the United States and the Soviet Union opposed each other in both geopolitical and ideological arenas. Cheung, who pioneered the economics of contracts Cheung, Eventually a carry trade developed in which money was borrowed from Japan, invested for returns elsewhere and then the Japanese were paid back, with a nice profit for the trader.

      During the s, jobs in wholesaling, retailing, finance, insurance, real estate, transportation, communications, and government grew rapidly, while secondary-sector employment remained stable. The progress of the textile trade soon outstripped the original supplies of raw materials. Britain had a superior financial system based in London that funded both the railways in Britain and also in many other parts of the world, including the United States, up until Google Scholar David, P.


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Quantitative aspects of post-war European economic growth book

Tomlinson's closing comment in his review is also his most critical, namely, that we do not satisfactorily define the role 'culture' in our analysis and leave the meaning of the term opaque, opening the possibility of a purely economic explanation of behaviour. It was against this international backdrop that Japan began aggressively staking out its claim to being the dominant military power in East Asia and the Pacific, thereby bringing it into conflict with the United States and the United Kingdom in the Asian and Pacific theaters after the world slipped into global warfare in The old theory of economic policy explicitly demanded the coordination of a set of policy instruments toward clear-cut goals, but many of the policy insights of institutional analysis are far less specific, particularly concerning the measures needed to restructure actors' information environments.

The declinists have, as Tomlinson notes, long asserted that craft sectionalism has had a lethally harmful effect on British industrial production. Japan's imports grew at a faster rate than exports. Small firms, light industry and agriculture offered relatively low wages.

Increasing wages intensified mechanization both in agriculture and in industry. Institutional analysis emphasizes that the creation of wealth depends in complex ways on institutions, and argues that institutions are rooted in political and social domains.

European Economic Growth

Particularly during the Napoleonic Wars, the domestic market for food stuffs widened. Cambridge, England: Cambridge University Press. The changing fortunes of the Nordic welfare state illustrate this point.

The Tokugawa period — bequeathed a vital commercial sector in burgeoning urban centers, a relatively well-educated elite although one with limited knowledge of European sciencea sophisticated government bureaucracyproductive agriculture, a closely unified nation with highly developed financial and marketing systems, and a national infrastructure of roads.

This was a period of significant change for the majority of the rural population, with manorial lords beginning the process of enclosure.

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It harnessed its infrastructure, its high level of literacy, and its proto-industrial distribution networks to the task of emulating Western organizational forms and Western techniques in energy production, first and foremost enlisting inorganic energy sources like coal and the other fossil fuels to generate steam power.

To add a paper, you need to upload at least an abstract of the paper as a PDF file. The economy was not damaged by the diversion of manpower to the army and navy; in terms of destruction and enforced transfer of national wealth, Britain came out ahead.

All the exogenous variables in equation 1 are exogenous to the actors of the social system that the model attempts to describe. Google Scholar David, P. Another issue is to what extent the neoclassical framework is applicable to economies, where free markets are absent or limited Weitzman ; Easterly and Fischer They washed the wool, carded it and spun it into thread, which was then turned into cloth on a loom.

Another approach is to consider the changing division of labour in regard to the acquisition, accumulation and distribution of information represented by the explosive growth of knowledge and also the technical means for registering and communicating those intellectual assets during the past 60 years.

Swedish interest rates remained at rather high levels compared to leading European countries untildue to a continuous large demand for capital in Sweden, but relative wages rose persistently see Table 5.

It highlights the impact of the Revolution, WWII and the Civil War on industrial development in terms of capital accumulation, labor transformation, structural changes in output and productivity performance.This volume is an authoritative quantitative account of growth in Europe since that combines historical and economic expertise.

The authors explore the catch-up and convergence evidence on a cross-sectional basis, armed with alternative theoretical ideas and empirical data. Accounting for growth in global economic history Growth accounting is as old as modern growth theory. Building on the seminal work of Copeland (), Tinbergen () was the first to use the aggregate production function to decompose output growth into input contributions.

Read "Book Reviews, Economic History Review" on DeepDyve, the largest online rental service for scholarly research with thousands of academic publications available at your fingertips.

Quantitative Aspects of Post

Abstract. During the past two centuries the world economy has experienced unprecedented growth. Between andthe world’s Gross Domestic Product in constant prices has increased by about per cent per year on average, which is between six and seven times more than the world growth rate during the preceding period, to (Maddison, ).

Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives.

Feb 12,  · Data for Europe and the US is based on an update of Bart van Ark (), Sectoral Growth Accounting and Structural Change in Post-War Europe, in B.

van Ark and N.F.R. Crafts, eds., Quantitative Aspects of Post-War European Economic Growth.