Transition to modern growth in Great Britain: The role of technological progress, adult mortality and factor accumulation

Volume: 51, Pages: 472 - 490
Published: Dec 1, 2019
Abstract
This paper proposes a framework inspired by the Unified Growth Theory and by the literature on structural change to assess the contribution of technology, adult mortality, workforce, and physical and human capital accumulation to the transition from Malthusian stagnation to modern growth. A calibrated version of the model is capable of reproducing the dynamics of Great Britain's (i.e. England, Wales and Scotland) economy during the period...
Paper Details
Title
Transition to modern growth in Great Britain: The role of technological progress, adult mortality and factor accumulation
Published Date
Dec 1, 2019
Volume
51
Pages
472 - 490
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