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Galor, Oded 1953-

Works: 142 works in 507 publications in 2 languages and 2,716 library holdings
Genres: History 
Roles: Author, Creator
Classifications: HD75, 338.9001
Publication Timeline
Publications about Oded Galor
Publications by Oded Galor
Most widely held works by Oded Galor
Unified growth theory by Oded Galor( Book )
12 editions published in 2011 in English and Undetermined and held by 583 libraries worldwide
For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth
Discrete dynamical systems by Oded Galor( Book )
28 editions published between 2007 and 2011 in English and held by 226 libraries worldwide
"This book provides an introduction to discrete dynamical systems - a framework of analysis that is commonly used in the fields of biology, demography, ecology, economics, engineering, finance, and physics. The book characterizes the fundamental factors that govern the quantitative and qualitative trajectories of a variety of deterministic, discrete dynamical systems, providing solution methods for systems that do not permit or necessitate an explicit solution. The analysis focuses initially on the characterization of the factors that govern the evolution of state variables in the elementary context of one-dimensional, first-order, linear, autonomous systems. The fundamental insights about the forces that affect the evolution of these elementary systems are subsequently generalized, and the determinants of the trajectories of multi-dimensional, non-linear, higher-order, non-autonomous dynamical systems are established."--Jacket
Population, technology, and growth : from the Malthusian regime to the demographic transition by Oded Galor( Book )
23 editions published in 1998 in English and held by 109 libraries worldwide
This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita. Technological progress is slow and is matched by proportional increases in population, so that output per capita is stable around a constant level. In the post-Malthusian regime, the growth rates of technology and total output increase. Population growth absorbs much of the growth of output, but income per capita does rise slowly. The economy endogenously undergoes a demographic transition in which the traditionally positive relationship between income per capita and population growth is reversed. In the Modern Growth regime, population growth is moderate or even negative, and income per capita rises rapidly. Two forces drive the transitions between regimes: First, technological progress is driven both by increases in the size of the population and by increases in the size of the population and by increases in the average level of education. Second, technological progress creates a state of disequilibrium, which raises the return to human capital and induces patients to substitute child quality for quantity
Inequality and economic development : the modern perspective ( Book )
8 editions published in 2009 in English and held by 94 libraries worldwide
Analyses the importance of inequality and development. This book explores human capital formation, gender inequality, landownership, ethical division and political transitions
The gender gap, fertility, and growth by Oded Galor( Book )
21 editions published between 1993 and 1995 in English and held by 88 libraries worldwide
This paper examines a novel mechanism linking fertility and growth. Household fertility is determined by relative wages of women and men. Increasing women's wages reduces fertility by raising the cost of children relatively more than household income. Lower fertility raises the level of capital per worker which in turn, since capital is more complementary to women's labor input than men's, raises women's relative wages. This positive feedback leads to the possibility of multiple steady-state equilibria. Countries with low initial capital may converge to a development trap with high fertility, low capital, and low relative wages for women
Technological progress, mobility, and economic growth by Oded Galor( Book )
12 editions published in 1996 in English and Undetermined and held by 45 libraries worldwide
From physical to human capital accumulation : inequality in the process of development by Oded Galor( Book )
10 editions published between 1999 and 2000 in English and held by 41 libraries worldwide
Convergence? : inferences from theoretical models by Oded Galor( Book )
11 editions published in 1996 in English and held by 37 libraries worldwide
Ability biased technological transition, wage inequality and growth by Oded Galor( Book )
12 editions published in 1998 in English and held by 30 libraries worldwide
From Malthusian stagnation to modern growth by Oded Galor( Book )
9 editions published in 1999 in English and held by 25 libraries worldwide
The "out of africa" hypothesis, human genetic diversity, and comparative economic development by Quamrul Ashraf( Book )
20 editions published between 2010 and 2013 in English and German and held by 23 libraries worldwide
This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that in the course of the exodus of Homo sapiens out of Africa, variation in migratory distance from the cradle of humankind to various settlements across the globe affected genetic diversity and has had a direct long-lasting effect on the pattern of comparative economic development that could not be captured by contemporary geographical, institutional, and cultural factors. In particular, the level of genetic diversity within a society is found to have a hump-shaped effect on development outcomes in the pre-colonial era, reflecting the trade-off between the beneficial and the detrimental effects of diversity on productivity. Moreover, the level of genetic diversity in each country today (i.e., genetic diversity and genetic distance among and between its ancestral populations) has a similar non-monotonic effect on the contemporary levels of income per capita. While the intermediate level of genetic diversity prevalent among the Asian and European populations has been conducive for development, the high degree of diversity among African populations and the low degree of diversity among Native American populations have been a detrimental force in the development of these regions. Further, the optimal level of diversity has increased in the process of industrialization, as the beneficial forces associated with greater diversity have intensified in an environment characterized by more rapid technological progress
Das human Kapital by Oded Galor( Book )
7 editions published in 2001 in English and German and held by 22 libraries worldwide
Genetic diversity and the origins of cultural fragmentation by Quamrul Ashraf( Book )
14 editions published between 2013 and 2015 in English and held by 20 libraries worldwide
Despite the importance attributed to the effects of diversity on the stability and prosperity of nations, the origins of the uneven distribution of ethnic and cultural fragmentation across countries have been underexplored. Building on the role of deeply-rooted biogeographical forces in comparative development, this research empirically demonstrates that genetic diversity, predominantly determined during the prehistoric "out of Africa" migration of humans, is an underlying cause of various existing manifestations of ethnolinguistic heterogeneity. Further exploration of this uncharted territory may revolutionize the understanding of the effects of deeply-rooted factors on economic development and the composition of human capital across the globe
Evolution and the growth process : natural selection of entrepreneurial traits by Oded Galor( Book )
18 editions published between 2011 and 2012 in English and German and held by 20 libraries worldwide
This research suggests that the evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting traits generated an evolutionary advantage and their increased representation accelerated the pace of technological progress and the process of economic development. In mature stages of development, however, risk-averse traits gained an evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth across countries
The Demographic Transition: Causes and Consequences by Oded Galor( Book )
15 editions published between 2010 and 2012 in English and German and held by 19 libraries worldwide
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding of the transition from stagnation to growth. The analysis suggests that the rise in the demand for human capital in the process of development was the main trigger for the decline in fertility and the transition to modern growth
Dynamics and stagnation in the Malthusian epoch : theory and evidence by Quamrul Ashraf( Book )
12 editions published between 2008 and 2011 in English and held by 15 libraries worldwide
Abstract: This paper examines the central hypothesis of the influential Malthusian theory, according to which improvements in the technological environment during the pre-industrial era had generated only temporary gains in income per capita, eventually leading to a larger, but not significantly richer, population. Exploiting exogenous sources of cross-country variations in land productivity and the level of technological advancement the analysis demonstrates that, in accordance with the theory, technological superiority and higher land productivity had significant positive effects on population density but insignificant effects on the standard of living, during the time period 1-1500 CE
The agricultural origins of time preference by Oded Galor( Book )
10 editions published between 2014 and 2015 in English and held by 10 libraries worldwide
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on the distribution of long-term orientation across societies. In particular, exploiting a natural experiment associated with the expansion of suitable crops for cultivation in the course of the Columbian Exchange, the research establishes that agro-climatic characteristics in the pre-industrial era that were conducive to higher return to agricultural investment, triggered selection and learning processes that had a persistent positive effect on the prevalence of long-term orientation in the contemporary era
The biocultural origins of human capital formation by Oded Galor( Book )
9 editions published in 2014 in English and held by 9 libraries worldwide
This research explores the biocultural origins of human capital formation. It presents the first evidence that moderate fecundity and thus predisposition towards investment in child quality was conducive for long-run reproductive success within the human species. Using an extensive genealogical record for nearly half a million individuals in Quebec from the sixteenth to the eighteenth centuries, the study explores the effect of fecundity on the number of descendants of early inhabitants in the subsequent four generations. The research exploits variation in the random component of the time interval between the date of first marriage and the first birth to establish that while higher fecundity is associated with a larger number of children, an intermediate level maximizes long-run reproductive success. Moreover, the observed hump-shaped effect of fecundity on long-run reproductive success reflects the negative effect of higher fecundity on the quality of each child. The finding further indicates that the optimal level of fecundity was below the population median, lending credence to the hypothesis that during the Malthusian epoch, the forces of natural selection favored individuals with lower fecundity and thus larger predisposition towards child quality, contributing to human capital formation, the onset of the demographic transition and the evolution of societies from an epoch of stagnation to sustained economic growth
Inequality, Human Capital Formation and the Process of Development by Oded Galor( Book )
11 editions published between 2011 and 2012 in English and German and held by 7 libraries worldwide
Conventional wisdom about the relationship between income distribution and economic development has been subjected to dramatic transformations in the past century. While classical economists advanced the hypothesis that inequality is beneficial for growth, the neoclassical paradigm dismissed the classical hypothesis and suggested that income distribution has limited role in the growth process. A metamorphosis in these perspectives has taken place in the past two decades. Theory and subsequent empirical evidence have demonstrated that income distribution has a significant impact on human capital formation and the development process. In early stages of industrialization, as physical capital accumulation was a prime engine of growth, inequality enhanced the process of development by channeling resources towards individuals whose marginal propensity to save is higher. In later stages of development, however, as human capital has become a main engine of growth, equality, in the presence of credit constraints, has stimulated human capital formation and growth. Moreover, unequal distribution of land has been a hurdle for economic development. While industrialists have had an incentive to support education policies that foster human capital formation, landowners, whose interests lay in the reduction of the mobility of their labor force, have favored policies that deprived the masses of education
Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations by Quamrul Ashraf( Book )
10 editions published between 2011 and 2012 in English and German and held by 7 libraries worldwide
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion benefited from enhanced assimilation, lower cultural diversity, and more intense accumulation of society-specific human capital. Thus, they operated more efficiently with respect to their production-possibility frontiers and flourished in the technological paradigm that characterized the agricultural stage of development. The lack of cultural diffusion and its manifestation in cultural rigidity, however, diminished the ability of these societies to adapt to a new technological paradigm, which delayed their industrialization and, hence, their take-off to a state of sustained economic growth. The theory thus contributes to the understanding of the advent of divergence and overtaking in the process of development. Consistently with the theory, the empirical analysis establishes that (i) geographical isolation prevalent in pre-industrial times (i.e., prior to the advent of airborne transportation technology) has had a persistent negative impact on the extent of contemporary cultural diversity; (ii) pre-industrial geographical isolation had a positive impact on economic development in the agricultural stage but has had a negative impact on income per capita in the course of industrialization; and (iii) cultural diversity, as determined exogenously by pre-industrial geographical isolation, has had a positive impact on economic development in the process of industrialization -- National Bureau of Economic Research web site
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Alternative Names
Galor, O. 1953-
Galor, Oded
Oded Galor Israeli economist
English (264)
German (6)
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