unified growth theory

E391914

Unified growth theory is a framework in economics that seeks to explain the transition of economies from centuries of stagnation to modern sustained growth within a single, coherent model.

All labels observed (2)

Label Occurrences
Unified Growth Theory (book) 1
unified growth theory canonical 1

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Statements (55)

Predicate Object
instanceOf development economics framework ⓘ
economic growth theory ⓘ
macroeconomic theory ⓘ
addresses deep-rooted factors behind comparative development ⓘ
evolution of income inequality across countries ⓘ
evolution of income per capita over millennia ⓘ
feedback between technology and population size ⓘ
long-run economic stagnation in pre-industrial societies ⓘ
onset of the Industrial Revolution ⓘ
origins of modern economic growth ⓘ
relationship between population growth and income growth ⓘ
role of human capital in fertility decline ⓘ
timing of industrialization across regions ⓘ
transition from quantity to quality of children ⓘ
aimsToExplain entire process of economic development in a single framework ⓘ
transition from stagnation to sustained economic growth ⓘ
associatedWith Brown University ⓘ
Hebrew University of Jerusalem ⓘ
contrastsWith models focusing only on modern growth era ⓘ
purely exogenous growth models ⓘ
coreConcept Malthusian regime ⓘ
demographic transition as part of growth process ⓘ
endogenous transition from Malthusian stagnation to modern growth ⓘ
evolution of fertility and mortality over development ⓘ
interaction between population dynamics and technological progress ⓘ
modern growth regime ⓘ
post-Malthusian regime ⓘ
role of human capital accumulation in growth transitions ⓘ
structural change over long-run economic history ⓘ
unified explanation of pre-industrial and modern growth regimes ⓘ
developedBy Oded Galor ⓘ
field economic growth ⓘ
economics ⓘ
macroeconomics ⓘ
influencedBy Malthusian theory of population ⓘ
demographic transition theory ⓘ
endogenous growth theory ⓘ
neoclassical growth theory ⓘ
keyPublication Unified Growth Theory (book) ⓘ
keyPublicationAuthor Oded Galor ⓘ
keyPublicationYear 2011 ⓘ
notableProponent Oded Galor ⓘ
relatedConcept Malthusian trap ⓘ
comparative development ⓘ
demographic transition ⓘ
evolution of gender roles in development ⓘ
human capital ⓘ
industrialization ⓘ
technological progress ⓘ
scope global economic development ⓘ
timeHorizon millennia of economic history ⓘ
usesMethod calibrated quantitative models ⓘ
dynamic general equilibrium modeling ⓘ
historical and cross-country empirical analysis ⓘ
overlapping generations models ⓘ

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Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Introduction to Modern Economic Growth → topic → unified growth theory ⓘ
Unified growth theory → keyPublication → Unified Growth Theory (book) ⓘ
subject linked to: unified growth theory
linked to: unified growth theory