africa precolonial slides 2011 class 2

africa precolonial slides 2011 class 2 - 8192 Developing...

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Unformatted text preview: 8192 Developing Africa East Asia 4096 2048 1024 Per Capita Income (Log Base 2 Scale) 512 19 64 19 68 19 72 19 76 19 80 19 84 19 88 19 92 19 96 20 00 20 04 20 08 19 6 0 256 TON IRL NOR USA DNK CHE AUS CAN AUT BEL DEU FRA JPNNLD GBR FIN HKG ITA SWE SGP NZL ESP 10 GRC MLT KOR PRT CZE SVKHUN SAU EST ARG POL LTU ZAF CHL HRV MYS LVACRI BWA MEX RUS BRA URY 9 THA IRN GAB BLZ COLROM TUN TUR NAM PAN DZA BIH FJI BLR PER PRY VEN SLV UKR CHN PHL GTM GUY MAR EGY ECU SYR NIC IDN 8 IND HND BOL LSO PNGGO VNM A GHA CMR GIN PAK KHM SDN BGD LAO UZB MRT CIV SEN MNG MDA UGA NPL CAF BFA BENKEN 7 TCDNGA COG MLI ZMB NER MDG GNB ETH ZAR TZA SLE 0 .2 .4 .6 .8 1 Migration-adjusted technology level in 1500AD 6 log per capita income in 2002 11 32768 Per capita income by region (log base 2 scale) 16384 Western Europe Africa China 8192 4096 2048 1024 512 256 1500 1600 1700 1820 1870 1913 1950 2001 TON IRL NOR USA DNK CHE AUS CAN AUT BEL DEU FRA JPNNLD GBR FIN HKG ITA SWE SGP NZL ESP 10 GRC MLT KOR PRT CZE SVKHUN SAU EST ARG POL LTU ZAF CHL HRV MYS LVACRI BWA MEX RUS BRA URY 9 THA IRN GAB BLZ COLROM TUN TUR NAM PAN DZA BIH FJI BLR PER PRY VEN SLV UKR CHN PHL GTM GUY MAR EGY ECU SYR NIC IDN 8 IND HND BOL LSO PNGGO VNM A GHA CMR GIN PAK KHM SDN BGD LAO UZB MRT CIV SEN MNG MDA UGA NPL CAF BFA BENKEN 7 TCDNGA COG MLI ZMB NER MDG GNB ETH ZAR TZA SLE 0 .2 .4 .6 .8 1 Migration-adjusted technology level in 1500AD 6 log per capita income in 2002 11 Simple technology model α ∆A = ΘA ∆A α −1 = ΘA A If α=1, constant technology growth as in previous model; if α>1, get accelerating technological growth over time. Growth will take off once technology reaches “critical mass.” Explaining the Great Divergence between Africa and Europe based on initial conditions alone Figure 9: Simulated Growth Rate of Technology 0.03 0.025 g advanced initial technology 0.02 g backward initial technology 0.015 0.01 1940 1793 1646 1499 1352 1205 1058 911 764 617 470 323 176 29 -1 1 8 -2 6 5 -4 1 2 -5 5 9 -7 0 6 -8 5 3 0 -1 0 0 0 0.005 ...
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africa precolonial slides 2011 class 2 - 8192 Developing...

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