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Growing, Shrinking, and Long Run Economic Performance: Historical Perspectives on Economic Development

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NBER2017-04-01 更新2025-01-04 收录
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Using annual data from the thirteenth century to the present, we show that improved long run economic performance has occurred primarily through a decline in the rate and frequency of shrinking, rather than through an increase in the rate of growing. Indeed, as economic performance has improved over

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2017-04-01
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