@inbook{454ca52854f64fce84c98fda6ffdab93,
title = "Twentieth Century Growth",
abstract = "This paper surveys the experience of economic growth in the 20th century with a focus on technological change at the frontier together with issues related to success and failure in catch-up growth. A detailed account of growth performance based on historical national accounts data is given and is accompanied by a review of growth accounting evidence on the sources of economic growth. The key features of our analysis of divergence in growth outcomes are an emphasis on the importance of {"}directed{"} technical change, of institutional quality, and of geography. We provide brief case studies of the experience of individual countries to illustrate these points.",
keywords = "Catch-up growth, Divergence, Growth accounting, Technical change",
author = "Nicholas Crafts and O'Rourke, {Kevin Hjortsh{\o}j}",
note = "Funding Information: This research has received funding from the European Research Council under the European Union{\textquoteright}s Seventh Framework Programme (FP7/2007-2013) / ERC grant agreement no. 249546. ",
year = "2014",
doi = "10.1016/B978-0-444-53538-2.00006-X",
language = "English (US)",
series = "Handbook of Economic Growth",
publisher = "Elsevier B.V.",
pages = "263--346",
booktitle = "Handbook of Economic Growth",
}