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Uneven Centuries$
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Sevket Pamuk

Print publication date: 2018

Print ISBN-13: 9780691166377

Published to Princeton Scholarship Online: May 2019

DOI: 10.23943/princeton/9780691166377.001.0001

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Economic Growth and Human Development since 1820

Economic Growth and Human Development since 1820

(p.22) 2 Economic Growth and Human Development since 1820
Uneven Centuries

Şevket Pamuk

Princeton University Press

This chapter examines the trends in economic growth and human development in Turkey during the last two centuries. Economists have learned a great deal about modern economic growth since the end of World War II. The large and growing literature has emphasized that increases in productivity, achieved through technological progress on the one hand, and increases in per capita physical capital and education levels, on the other, were the most important factors contributing to economic growth. In addition, the labor force is much better educated than in 1820. In short, technological change and higher rates of investment in both physical and human capital are seen today as the leading proximate causes of economic growth since the Industrial Revolution.

Keywords:   Turkey, economic growth, human development, productivity, technological progress, labor force, human capital, physical capital

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