Baten, Joerg; Zanden, J. L. van. Book Production and the Onset of Modern Economic Growth. 2007
http://hdl.handle.net/10230/757
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Title:
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Book Production and the Onset of Modern Economic Growth |
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Author:
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Baten, Joerg; Zanden, J. L. van
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Other authors:
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Universitat Pompeu Fabra. Departament d'Economia i Empresa
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Abstract:
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Endogenous growth theory suggests that human capital formation plays a significant role for the 'wealth and poverty of nations.' In contrast to previous studies which denied the role of human capital as a crucial determinant of for really long-term growth, we confirm its importance. Indicators of human capital like literacy rates are lacking for the period of 1450-1913; hence, we use per capita book production as a proxy for advanced literacy skills. This study explains how, and to what extent, growth disparities are a function of human capital formation.
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Document type:
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Working paper
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Date:
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2007 |
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Rights:
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