Industrious Selection: Explaining Five Revolutions and Two Divergences in Eurasian Economic History within a Unified Growth Framework

MPRA Paper from University Library of Munich, Germany

Abstract: We develop a unified growth theory with Industrious Selection to explain the Five Revolutions in the development process (Agricultural Revolution, Structural Transformation, Industrial Revolution, Industrious Revolution, Demographic Revolution) and the Two Divergences in Eurasia (Little Divergence, Great Divergence) in AD0-AD2000. Industrious Selection refers to industrious (hardworking and cooperative) individuals gradually dominating the population composition through labor-leisure optimization and income effect on births. It raises working hours, improves production efficiency and accelerates development. The Black Death expedited Industrious Selection in late-Medieval Europe. Together with the population scale effect, the theory reconciles the British development process and Eurasian economic divergence during AD0-AD2000.

Keywords: Industrious Selection; Eurasian Economic History; Unified Growth Theory (search for similar items in EconPapers)
JEL-codes: E10 N10 O5 (search for similar items in EconPapers)
Date: 2016-09-04
New Economics Papers: this item is included in nep-evo, nep-gro, nep-his and nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/73862/1/MPRA_paper_73862.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:73862

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().