KNOWLEDGE AND GROWTH IN THE VERY LONG RUN
提出一个理论，解释知识扩散与增长在长期中的渐进演化，通过资本积累与知识扩散便利性之间的反馈机制，说明长期停滞、高增长以及经济起飞的过程，并解释大分流、欠发达国家吸引外资失败和生产力放缓等现象。
This article proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of stasis and an epoch of high growth linked by a gradual economic takeoff. The feedback mechanism can explain the Great Divergence, the failure of less developed countries to attract capital from abroad, and the productivity slowdown. An extension toward a two‐region world economy shows robustness of results and other interesting interaction between forerunners and followers of the Industrial Revolution.