The high-level equilibrium trap is a concept developed by environmental historian Mark Elvin to explain why China never underwent an indigenous Industrial...
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Great Divergence (section High-level equilibrium trap)
in medieval Europe and their decrease in the Middle-East. The high-level equilibrium trap theory argues that China did not undergo an indigenous industrial...
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greater focus on economic causes.[citation needed] Mark Elvin's high level equilibrium trap is one well-known example of this line of thought. It argues...
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of Elvin's high level equilibrium trap theory to explain why there was no indigenous Industrial Revolution in China despite its high levels of wealth and...
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Resource curse (redirect from Resource trap)
Exploitation colonialism Freight equalization policy in India High-level equilibrium trap Passive income Rent seeking Rentier capitalism Rentier state...
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trapping coefficients B n , B p {\displaystyle B_{n},B_{p}} and two de-trapping coefficients G n , G p {\displaystyle G_{n},G_{p}} . In equilibrium,...
27 KB (4,197 words) - 15:22, 19 October 2024
A liquidity trap is a situation, described in Keynesian economics, in which, "after the rate of interest has fallen to a certain level, liquidity preference...
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able to accept any information from their inferiors. The High-Level Equilibrium Trap. High population, although sometimes it can be a cheap source of...
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was in a high-level equilibrium trap in which the non-industrial methods were efficient enough to prevent use of industrial methods with high initial capital...
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and at St. Antony's College, Oxford. Elvin is noted for his high-level equilibrium trap theory to explain why an industrial revolution happened in Europe...
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physics, a magneto-optical trap (MOT) is an apparatus which uses laser cooling and a spatially-varying magnetic field to create a trap which can produce samples...
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threshold of the liquidity trap. Finally, the economy moves to the new equilibrium, at full employment. Pigou concluded that an equilibrium with employment below...
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expression for the equilibrium temperature of these shadows. Additionally, the temperatures (and therefore the stability) of cold-traps can be remotely sensed...
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will result in an overall general equilibrium. General equilibrium theory contrasts with the theory of partial equilibrium, which analyzes a specific part...
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explanations and have focused more on economic causes. Mark Elvin's high level equilibrium trap is one well-known example of this line of thought, as well as...
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does not trap ions in the z ^ {\displaystyle {\widehat {z}}} direction. When multiple ions are at the saddle point and the system is at equilibrium, the ions...
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their non-equilibrium charge state. After the pulse, when the voltage returns to its steady-state value, the defects start to emit trapped carriers due...
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Optical tweezers (redirect from Optical trap)
against the gradient force in the axial direction of the trap, resulting in an equilibrium position that is displaced slightly downstream of the intensity...
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equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium)...
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IS–LM model (category General equilibrium theory)
raises the equilibrium interest rate (from i1 to i2) and national income (from Y1 to Y2), as shown in the graph above. The equilibrium level of national...
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science and technology, but that China was then caught in a high level equilibrium trap. Others claim that the Song dynasty economic revolution brought...
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Tide (redirect from Equilibrium tide theory)
tide. Sea level rises over several hours, covering the intertidal zone; flood tide. The water stops rising, reaching a local maximum called high tide. Sea...
109 KB (13,082 words) - 03:50, 24 November 2024
Dean–Stark apparatus (redirect from Dean-Stark trap)
in the trap. The trap will eventually reach capacity when the level of the water in it reaches the level of the side-arm. At this point, the trap must be...
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Temperature (section Local thermodynamic equilibrium)
global thermodynamic equilibrium, but in which there is local thermodynamic equilibrium. Thus, when local thermodynamic equilibrium prevails in a body,...
104 KB (12,962 words) - 21:09, 23 November 2024
planet is assumed to be in radiative equilibrium, then the runaway greenhouse state is calculated as the equilibrium state at which water cannot exist in...
37 KB (4,623 words) - 06:09, 17 September 2024
its equilibrium level, also it is moving towards the equilibrium level] - This yields the direction and movement of the exchange rate. In equilibrium, [9]...
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Dynamic stochastic general equilibrium modeling (abbreviated as DSGE, or DGE, or sometimes SDGE) is a macroeconomic method which is often employed by...
51 KB (5,996 words) - 20:52, 20 November 2024
Keynesian economics (section The liquidity trap)
general equilibrium theory. For macroeconomics, relevant partial theories included the Quantity theory of money determining the price level and the classical...
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kinds of enols are known. Keto–enol tautomerism refers to a chemical equilibrium between a "keto" form (a carbonyl, named for the common ketone case)...
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Crowding out (economics) (section Liquidity trap)
liquidity trap, the "Liquidity-Money" (LM) curve is horizontal, an increase in government spending has its full multiplier effect on the equilibrium income...
19 KB (2,588 words) - 09:20, 9 May 2024