A Comparison of Levels of GDP Per Capita in Developed and Developing Countries, 1700–1980
- 3 March 1983
- journal article
- Published by Cambridge University Press (CUP) in The Journal of Economic History
- Vol. 43 (1) , 27-41
- https://doi.org/10.1017/s0022050700028965
Abstract
This paper examines the evolution of the per capita income gap between developed and developing countries. Landes and Kuznets suggest that Western countries already had a big lead before their economic growth accelerated, but Bairoch has recently claimed that European living standards in the mid-eighteenth century were lower than in the rest of the world. I think the existing evidence supports the Landes-Kuznets position, and that Bairoch probably overstates the contemporary income gap and understates per capita income growth in the developing world. But there are contradictory elements in the evidence, on which further research is needed.Keywords
This publication has 2 references indexed in Scilit:
- Disparities in Economic Development since the Industrial RevolutionPublished by Springer Nature ,1981
- Economic Growth of NationsPublished by Harvard University Press ,1971