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[The principal characteristic of this economic epoch is] a sustained increase in per capita or per worker product, most often accompanied by an increase in population and usually sweeping structural changes.

— Simon Kuznets Modern economic growth (1966)

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Source: p. 1, as cited in: Amitava Krishna Dutt, ‎Jaime Ros (2008) International Handbook of Development Economics. p. 48; Definition of "modern economic growth"
Work: Modern economic growth, 1966
Source quality: Secondhand citation Quoted from another book or article rather than from the original.

More by Simon Kuznets

The central theme of this paper is the character and causes of long-term changes in the personal distribution of income. Does inequality in the distribution of income increase or decrease in the course of a country's economic growth? What factors determine the secular level and trends of income inequalities?

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Modern economic growth (1966)

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Simon Kuznets in: Herbert David Croly eds (1962)

The rural and urban populations does not necessarily drift downward in the process of economic growth: indeed, there is some evidence to suggest that it is stable at best, and tends to widen because per capita productivity in urban pursuits increases more rapidly than in agriculture.

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