Long-run economic growth is essentially driven by technology and institutions. Various studies aim to identify this relationship either by comparing growth over time or across countries. Here, we try to combine both types of studies in a single approach for Northern Eurasia (i.e. the region broadly covering China, the former Soviet Union (FSU) area, and Western Europe). This allows us, rather than relying on one theory, to analyse the origin and weight of different factors of growth, such as human capital and institutions (including state capacity).

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Introduction

  • Bas Van Leeuwen,
  • Dmitry Didenko,
  • Matteo Calabrese,
  • Meimei Wang

摘要

Long-run economic growth is essentially driven by technology and institutions. Various studies aim to identify this relationship either by comparing growth over time or across countries. Here, we try to combine both types of studies in a single approach for Northern Eurasia (i.e. the region broadly covering China, the former Soviet Union (FSU) area, and Western Europe). This allows us, rather than relying on one theory, to analyse the origin and weight of different factors of growth, such as human capital and institutions (including state capacity).