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Four centuries of British economic growth: the roles of technology and population

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dc.contributor.authorMadsen, J.B.
dc.contributor.authorAng, J.B.
dc.contributor.authorBanerjee, R.
dc.date.issued2010
dc.description.abstractUsing long historical data for Britain over the period 1620-2006, this paper seeks to explain the importance of innovative activity, population growth and other factors in inducing the transition from the Malthusian trap to the post-Malthusian growth regime. Furthermore, the paper tests the ability of two competing second-generation endogenous growth models to account for the British growth experience. The results suggest that innovative activity was an important force in shaping the Industrial Revolution and that the British growth experience is consistent with Schumpeterian growth theory.
dc.identifier.citationJournal of economic growth, 2010; 15(4):263-290
dc.identifier.doi10.1007/s10887-010-9057-7
dc.identifier.issn1381-4338
dc.identifier.issn1573-7020
dc.identifier.orcidBanerjee, R. [0000-0002-9610-5178]
dc.identifier.urihttps://hdl.handle.net/1959.8/119810
dc.language.isoen
dc.publisherSpringer New York LLC
dc.relation.grantARC
dc.rightsCopyright 2010 Springer Access Condition Notes: Postprint is available open access. The final publication is available at Springer via http://dx.doi.org/10.1007/s10887-010-9057-7
dc.source.urihttps://doi.org/10.1007/s10887-010-9057-7
dc.subjectEndogenous growth
dc.subjectBritish Industrial Revolution
dc.titleFour centuries of British economic growth: the roles of technology and population
dc.typeJournal article
pubs.publication-statusPublished
ror.fileinfo12142965360001831 13142963820001831 9915914119201831_53109886180001831.pdf
ror.mmsid9915914119201831

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