Economic DevelopmentM.E. Sharpe |
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... land area insquare kilometers. c Total population is based on the de facto definition of population (in millions). d Adult literacy rate (percentage of the population over fifteen years old who can readand write). Reporting years vary ...
... land area insquare kilometers. c Total population is based on the de facto definition of population (in millions). d Adult literacy rate (percentage of the population over fifteen years old who can readand write). Reporting years vary ...
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... land and labor, and that the supply of land is fixed while thatof labor grows. If technology does notchange, then as increasing amounts of labor areapplied to a fixed amount of land, output will increase, butin diminishing amounts—this ...
... land and labor, and that the supply of land is fixed while thatof labor grows. If technology does notchange, then as increasing amounts of labor areapplied to a fixed amount of land, output will increase, butin diminishing amounts—this ...
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... land, each worker has lessland towork, which leads, eventually, toworkers getting in one another's way. Thus the increases in output becomesmallerand smaller. Ricardo,like Smith, thought that savings, investment, andcapital accumulation ...
... land, each worker has lessland towork, which leads, eventually, toworkers getting in one another's way. Thus the increases in output becomesmallerand smaller. Ricardo,like Smith, thought that savings, investment, andcapital accumulation ...
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... land, and no saving or capital accumulation occurs.Surpluslabor exists, and decisionmakingis traditional in nature. Traditional decision making doesnot involve profit maximization. Instead, output is shared among members of the household,
... land, and no saving or capital accumulation occurs.Surpluslabor exists, and decisionmakingis traditional in nature. Traditional decision making doesnot involve profit maximization. Instead, output is shared among members of the household,
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... land, congestionwill occur. Each laborer will have less and less land to workwith.Land is rivalin nature. Now think of labor beingadded toa piece of knowledge. No congestion takes place because knowledgeis nonrival. The first laborcan ...
... land, congestionwill occur. Each laborer will have less and less land to workwith.Land is rivalin nature. Now think of labor beingadded toa piece of knowledge. No congestion takes place because knowledgeis nonrival. The first laborcan ...
Contents
Growth Versus Development HistoryofDevelopment Theory | |
References | |
European Emergence Growth Duringthe IndustrialRevolution | |
Protoindustrialization and Trade | |
Exploitation and Slavery The Evolutionand Role of Political Institutions | |
Recent Experience | |
The Chinese Experience | |
Explanation forDifferent ReformPaths Recent Chinese Experience | |
Urban Bias and Migration | |
Lineage Groups Fertility andthe Transition Demographic | |
Role of the Government What We Have Learned | |
Population Growth the Commitment Problem | |
TheMiddle East and North Africa | |
The Emergence of NationStates Petroleum Exports and the Petroleum Exporters | |
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Common terms and phrases
accumulation agricultural productivity agricultural sector andthe argued Asia Botswana bythe capital capital accumulation China Chinese colonial commercial comparative advantage competition created decline demographic dividend dependency theorists dependent developing countries developmental discussed domestic dramatically economic development economic growth efflorescences England environment environmental equilibrium Europe European expansion experience exports extract farmers firms fromthe growth rate impact important incentive income increased independence India Industrial Revolution industrialization infrastructure inputs institutional structure inthe investment involved Japan Japanese labor laborintensive land Latin America lineage groups longterm manufacturing Mform occur ofthe onthe organization output patronclient peasant percent periphery policies political population poverty predatory problem profit protoindustrial rapid reduce reform region rent seeking result revenue ruling elite rulingelite rural significant Smithian growth social South Asia South Korea Soviet Union subSaharan Africa surplus Taiwan theruling elite tobe tothe trade transition urban wealth withthe workers