Development, Structure, and Transformation: Some Evidence on Comparative Economic Growth

Download full paper here: Development Structure and Transformation McCord and Sachs NBER 73485-w19512 ABSTRACT: We suggest that the geographical patterns of income differences across the world have deep underpinnings. We emphasize that economic development is a complex process driven by economic, political, social, and biophysical forces. Some economists have argued that the patterns reflect mainly the historical footprint of [...]