Journals / Siyasal Bilgiler Fakültesi Dergisi / 2026 / Cilt: 11 Sayı: 1

From Stagnation to Sustainable Economic Growth Through Technological Progress: An Assessment of the 2025 Nobel Prize in Economic Sciences

Teknolojik İlerleme Yoluyla Durgunluktan İstikrarlı Ekonomik Büyümeye: 2025 Nobel Ekonomi Ödülü Üzerine Bir Değerlendirme

Baran Yeler(İSTANBUL MEDENİYET ÜNİVERSİTESİ)0009-0004-7746-4409
Pages
1–21
Publication Date
2026-07-03
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

This article analyses the fundamental factors driving the sustained economic growth witnessed over the previous two centuries of human history, together with the perspectives of the writers in their examination.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The 2025 Nobel Prize in Economics was awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their clarification of innovation-driven economic growth.
📊
Key Findings & Data:This study assesses the fundamental scientific contributions that led to these individuals obtaining the award.
💡
Conclusion & Impact:This article analyses the fundamental factors driving the sustained economic growth witnessed over the previous two centuries of human history, together with the perspectives of the writers in their examination.
🔬Design:Araştırma Makalesi
📍Scope:2025 Verileri
⚙️Variables:2025 Nobel Ekonomi Bilimleri Ödülü · Durgunluk · Sanayi Devrimi

Abstract

The 2025 Nobel Prize in Economics was awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their clarification of innovation-driven economic growth. This study assesses the fundamental scientific contributions that led to these individuals obtaining the award. This article analyses the fundamental factors driving the sustained economic growth witnessed over the previous two centuries of human history, together with the perspectives of the writers in their examination.

Özet

2025 yılı Nobel Ekonomi Ödülü; Joel Mokyr, Philippe Aghion ve Peter Howitt’e, inovasyon odaklı ekonomik büyümeyi açıkladıkları gerekçesiyle verilmiştir. Bu çalışma, söz konusu isimlerin ödüle layık görülmelerinde etkili olan temel bilimsel katkılarının kapsamlı bir değerlendirmesini sunmaktadır. Bu bağlamda çalışma, insanlık tarihinin yalnızca son iki yüz yıllık döneminde gözlemlenen istikrarlı ekonomik büyümenin ardındaki temel dinamikleri, yazarların hangi perspektiflerle ele aldıkları üzerinde durmaktadır.

🔖

Cite This Article

Yeler, B. (2026). From Stagnation to Sustainable Economic Growth Through Technological Progress: An Assessment of the 2025 Nobel Prize in Economic Sciences. Siyasal Bilgiler Fakültesi Dergisi, Cilt: 11 Sayı: 1, 1–21. https://ajindex.com/articles/1658225

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (32)

  1. Acemoglu, D., Johnson, S., & Robinson, J. (2005). The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth. The American Economic Review, Vol. 95(No. 3), 546-579.
  2. Aghion, P., Akcigit, U., & Howitt, P. (2014). Chapter 1—What Do We Learn From Schumpeterian Growth Theory? İçinde P. Aghion & S. N. Durlauf (Ed.), Handbook of Economic Growth (C. 2, ss. 515-563). Elsevier. https://doi.org/10.1016/B978-0-444-53540-5.00001-X
  3. Aghion, P., Akcigit, U., & Howitt, P. (2015). The Schumpeterian Growth Paradigm. İçinde Annual Review of Economics (C. 7, Sayı Volume 7, 2015, ss. 557-575). Annual Reviews. https://doi.org/10.1146/annurev-economics-080614-115412
  4. Aghion, P., Bloom, N., Blundell, R., Griffith, R., & Howitt, P. (2005). Competition and Innovation: An Inverted-U Relationship*. The Quarterly Journal of Economics, 120(2), 701-728. https://doi.org/10.1093/qje/120.2.701
  5. Aghion, P., & Howitt, P. (1992). A Model of Growth Through Creative Destruction. Econometrica, 60(2), 323-351.
  6. Aghion, P., & Howitt, P. (2005). Chapter 2 Growth with Quality-Improving Innovations: An Integrated Framework (P. Aghion & S. N. Durlauf, Ed.; C. 1, ss. 67-110). Elsevier. https://doi.org/10.1016/S1574-0684(05)01002-6
  7. Akcigit, U., Grigsby, J., & Nicholas, T. (2017). The Rise of American Ingenuity: Innovation and Inventors of the Golden Age (No. W23047; s. w23047). National Bureau of Economic Research. https://doi.org/10.3386/w23047
  8. Akcigit, U., & Van Reenen, J. (Ed.). (2023). The economics of creative destruction: New research on themes from Aghion and Howitt. Harvard University Press. https://doi.org/10.4159/9780674293052
  9. Allen, R. C. (2009). The British Industrial Revolution in Global Perspective. Proceedings of the British Academy (167), 199-224.
  10. Bolt, J., & van Zanden, J. L. (2025). Maddison-style estimates of the evolution of the world economy: A new 2023 update. Journal of Economic Surveys, 39(2), 631-671. https://doi.org/10.1111/joes.12618
  11. Clark, G. (2007). A Farewell to Alms: A Brief Economic History of the World. Princeton University Press.
  12. Easterlin, R. A. (1981). Why Isn’t the Whole World Developed? The Journal of Economic History, 41(1), 1-19.
  13. Galor, O. (2024). Unified Growth Theory: Roots of Growth and Inequality in the Wealth of Nations. NBER Working Paper Series No. 33288.
  14. Hodgson, G. M. (2022). Culture and institutions: A review of Joel Mokyr’s A Culture of Growth. Journal of Institutional Economics, 18(1), 159-168. https://doi.org/10.1017/S1744137421000588
  15. Kuznets, S. (1966). Modern Economic Growth: Rate, Structure and Spread. Yale University Press.
  16. Mokyr, J. (1974). Industrial Growth and Stagnation in the Low Countries, 1800-1850. Yale University.
  17. Mokyr, J. (1992). The Lever of Riches: Technological Creativity and Economic Progress. Oxford University Press. https://doi.org/10.1093/acprof:oso/9780195074772.001.0001
  18. Mokyr, J. (2002). The Gifts of Athena. Princeton University Press. JSTOR. http://www.jstor.org/stable/j.ctt7rz25
  19. Mokyr, J. (2010). The Enlightened Economy: An Economic History of Britain, 1700-1850. Princeton University Press.
  20. Mokyr, J. (2017). A Culture of Growth: The Origins of the Modern Economy. Princeton University Press. JSTOR. https://doi.org/10.2307/j.ctt1wf4dft
  21. Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. SSRN. https://doi.org/10.2139/ssrn.5121271
  22. Reynolds, L. G. (1980). Economic Development in Historical Perspective. The American Economic Review, 70(2), 91-95.
  23. Romer, P. M. (1986). Increasing Returns and Long-Run Growth. Journal of Political Economy, 94(5), 1002-1037. https://doi.org/10.1086/261420 Romer, P. M. (1990). Endogenous Technological Change. The Journal of Political Economy, Vol. 98(No. 5, Part 2), 71-102.
  24. Schumpeter, J. A. (1942). Capitalism, socialism and democracy. Routledge. https://doi.org/10.4324/9780203202050
  25. Solow, R. M. (1956). A Contribution to the Theory of Economic Growth. The Quarterly Journal of Economics, 70(1), 65-94. https://doi.org/10.2307/1884513
  26. Spolaore, E. (2020). Commanding Nature by Obeying Her: A Review Essay on Joel Mokyr’s A Culture of Growth. Journal of Economic Literature, 58(3), 777-792. https://doi.org/10.1257/jel.20191460
  27. Swan, T. W. (1956). Economic Growth and Capital Accumulation. Economic Record, 32(2), 334-361. https://doi.org/10.1111/j.1475-4932.1956.tb00434.x
  28. The Royal Swedish Academy of Sciences. (2025a, Ekim 13). The Prize in Economic Sciences 2025 – Popular Science Background. https://www.nobelprize.org/uploads/2025/10/popular-economicsciences2025-3.pdf
  29. The Royal Swedish Academy of Sciences. (2025b, Ekim 13). The Prize in Economic Sciences 2025 – Scientific Background. https://www.nobelprize.org/uploads/2025/10/advanced-economicsciencesprize2025-1.pdf
  30. The Royal Swedish Academy of Sciences. (2025c, Ekim 13). The Prize in Economic Sciences 2025—Press Release. https://www.nobelprize.org/uploads/2025/10/press-economicsciences2025-1.pdf
  31. Ünsal, E. M. (2016). İktisadi Büyüme (Genişletilmiş 2. Baskı). BB101 Yayınları.
  32. World Bank. (2024). World Development Report 2024: The Middle-Income Trap. World Bank.