Kaldor’s stylized facts of economic growth
E215194
Kaldor’s stylized facts of economic growth are a set of empirical regularities about long-run economic development—such as stable capital-output ratios and rising labor productivity—that guided modern theories of growth and distribution.
All labels observed (3)
| Label | Occurrences |
|---|---|
| Kaldor’s stylized facts of economic growth canonical | 3 |
| Kaldor's growth laws | 2 |
| Kaldor’s growth laws | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T1886247 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Kaldor’s stylized facts of economic growth Context triple: [Nicholas Kaldor, notableIdea, Kaldor’s stylized facts of economic growth]
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A.
Kaldor growth model
The Kaldor growth model is a post-Keynesian economic framework that explains long-run economic growth through the interaction of capital accumulation, income distribution, and demand-driven dynamics.
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B.
Introduction to Modern Economic Growth
Introduction to Modern Economic Growth is a comprehensive graduate-level textbook that rigorously develops the theory and empirics of long-run economic growth, with a strong emphasis on microfoundations and institutional factors.
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C.
Kaldor–Verdoorn law
The Kaldor–Verdoorn law is an economic principle that posits a positive relationship between the growth of output and the growth of labor productivity, often used to explain cumulative and self-reinforcing processes in industrial growth.
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D.
Kaldorian cumulative causation
Kaldorian cumulative causation is an economic theory proposing that growth and industrial development are driven by self-reinforcing feedback loops, where initial advantages in productivity, demand, or exports lead to further gains and regional divergence.
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E.
A Theory of Economic History
A Theory of Economic History is an influential work by economist John R. Hicks that applies economic theory to interpret and explain long-term historical development and institutional change.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Kaldor’s stylized facts of economic growth Target entity description: Kaldor’s stylized facts of economic growth are a set of empirical regularities about long-run economic development—such as stable capital-output ratios and rising labor productivity—that guided modern theories of growth and distribution.
-
A.
Kaldor growth model
The Kaldor growth model is a post-Keynesian economic framework that explains long-run economic growth through the interaction of capital accumulation, income distribution, and demand-driven dynamics.
-
B.
Introduction to Modern Economic Growth
Introduction to Modern Economic Growth is a comprehensive graduate-level textbook that rigorously develops the theory and empirics of long-run economic growth, with a strong emphasis on microfoundations and institutional factors.
-
C.
Kaldor–Verdoorn law
The Kaldor–Verdoorn law is an economic principle that posits a positive relationship between the growth of output and the growth of labor productivity, often used to explain cumulative and self-reinforcing processes in industrial growth.
-
D.
Kaldorian cumulative causation
Kaldorian cumulative causation is an economic theory proposing that growth and industrial development are driven by self-reinforcing feedback loops, where initial advantages in productivity, demand, or exports lead to further gains and regional divergence.
-
E.
A Theory of Economic History
A Theory of Economic History is an influential work by economist John R. Hicks that applies economic theory to interpret and explain long-term historical development and institutional change.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
concept in growth theory
ⓘ
concept in macroeconomics ⓘ set of empirical regularities ⓘ |
| assumes |
absence of major structural breaks over the long run
ⓘ
closed economy or world as a whole ⓘ competitive markets in many formulations ⓘ |
| concerns | growth and distribution in capitalist economies ⓘ |
| coreFact |
capital per worker grows over time
ⓘ
capital‑output ratio is roughly constant in the long run ⓘ labor productivity rises over time ⓘ long‑run growth is mainly driven by technical progress ⓘ rate of return on capital is roughly constant in the long run ⓘ real output per worker grows at a roughly constant rate over the long run ⓘ real wage grows over time ⓘ shares of labor and capital in national income are roughly constant ⓘ |
| criticizedFor |
assuming stability of factor shares despite later evidence of changes
ⓘ
ignoring structural change and sectoral shifts ⓘ limited applicability to developing economies ⓘ |
| describedAs | empirical regularities of long‑run economic growth ⓘ |
| empiricalBasis |
historical data for advanced capitalist economies
ⓘ
post‑19th‑century industrialized countries ⓘ |
| field |
development economics
ⓘ
economic growth theory ⓘ macroeconomics ⓘ |
| focusesOn |
balanced growth paths
ⓘ
long‑run economic development ⓘ mature industrial economies ⓘ |
| implies |
balanced growth of key macroeconomic ratios
ⓘ
proportional growth of capital and output ⓘ stability of functional income distribution ⓘ |
| influenced |
Solow growth model
ⓘ
endogenous growth theory ⓘ neoclassical growth theory ⓘ post‑Keynesian growth models ⓘ |
| introducedBy | Nicholas Kaldor ⓘ |
| namedAfter | Nicholas Kaldor ⓘ |
| publicationContext | “Capital Accumulation and Economic Growth” ⓘ |
| publicationYear | 1957 ⓘ |
| relatedConcept |
Harrod‑Domar growth model
ⓘ
linked to:
Harrod–Domar growth model
Solow‑Swan model ⓘ
linked to:
Solow growth model
balanced growth path ⓘ endogenous technical change ⓘ steady‑state growth ⓘ stylized facts in economics ⓘ |
| timeHorizon | long‑run ⓘ |
| updatedBy | “new Kaldor facts” literature ⓘ |
| usedFor |
benchmarking growth models
ⓘ
characterizing steady‑state growth ⓘ evaluating theories of income distribution ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Kaldor’s stylized facts of economic growth Description of subject: Kaldor’s stylized facts of economic growth are a set of empirical regularities about long-run economic development—such as stable capital-output ratios and rising labor productivity—that guided modern theories of growth and distribution.
Referenced by (7)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject linked to:
Kaldor
linked to: Kaldor’s stylized facts of economic growth
subject linked to:
Kaldor
linked to: Kaldor’s stylized facts of economic growth
linked to: Kaldor’s stylized facts of economic growth
subject linked to:
Baron Kaldor
linked to: Kaldor’s stylized facts of economic growth
subject linked to:
Baron Kaldor