Understanding Long-Run Economic Growth

Understanding Long-Run Economic Growth

Author: Dora L. Costa

Publisher: University of Chicago Press

Published: 2011-10

Total Pages: 400

ISBN-13: 0226116344

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The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.


Development Centre Studies Chinese Economic Performance in the Long Run

Development Centre Studies Chinese Economic Performance in the Long Run

Author: Maddison Angus

Publisher: OECD Publishing

Published: 1998-09-25

Total Pages: 196

ISBN-13: 9264163557

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The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.


Economic Development in the Long Run

Economic Development in the Long Run

Author: A.J. Youngson

Publisher: Routledge

Published: 2013-11-05

Total Pages: 272

ISBN-13: 1136594620

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This book enlarges our understanding of economic development by bringing together items or aspects of historical experience relevant to the present-day problems of developing countries; by looking at the problems over a longer period than is usual in development economics, so that the influence of underlying forces may be made evident; and by comparing the experiences of different countries in similar situations. A variety of countries are dealt with and most of the significant problems in development economics are covered in one context or another. The authors of this symposium, each an internationally acknowledged authority, offer expert assessments of development as it has actually taken place. The chapter by Professor Rosovsky shows what is significant, what is peculiar and what could be imitated in Japan; Professor Black takes the little-studied case of Ireland, and Dr Macpherson gives an informed and balanced account of Indian development. This unique book was first published in 1972.


Long-Run Economic Growth

Long-Run Economic Growth

Author: Steven Durlauf

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 204

ISBN-13: 3642612113

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One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests.


Understanding Long-Run Economic Growth

Understanding Long-Run Economic Growth

Author: Dora L. Costa

Publisher: University of Chicago Press

Published: 2011-08-10

Total Pages: 401

ISBN-13: 0226116425

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The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. Probing the long-term effects of early colonial differences on immigration policy, land distribution, and financial development in a variety of settings, Understanding Long-Run Economic Growth explores the relationship between economic conditions, growth, and inequality, with a focus on how the monopolization of resources by the political elite limits incentives for ordinary people to invest in human capital or technological discovery. Among the topics discussed are the development of credit markets in France, the evolution of transportation companies in the United Kingdom and the United States, and the organization of innovation in the United States.


Explaining Long-Term Economic Change

Explaining Long-Term Economic Change

Author: J. L. Anderson

Publisher: Cambridge University Press

Published: 1995-09-28

Total Pages: 100

ISBN-13: 9780521557849

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A concise and accessible examination of the established models used to explain long-term and large-scale economic change.


The Dynamics of Socio-Economic Development

The Dynamics of Socio-Economic Development

Author: Adam Szirmai

Publisher: Cambridge University Press

Published: 2005-01-20

Total Pages: 760

ISBN-13: 1107717566

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Why are poor countries poor and rich countries rich? How are wealth and poverty related to changes in nutrition, health, life expectancy, education, population growth and politics? This modern, non-technical 2005 introduction to development studies explores the dynamics of socio-economic development and stagnation in developing countries. Taking a quantitative and comparative approach to contemporary debates within their broader context, Szirmai examines historical, institutional, demographic, sociological, political and cultural factors. Key chapters focus on economic growth, technological change, industrialisation, agricultural development, and consider social dimensions such as population growth, health and education. Each chapter contains comparative statistics on trends from a sample of twenty-nine developing countries. This rich statistical database allows students to strengthen their understanding of comparative development experiences. Assuming no prior knowledge of economics the book is suited for use in inter-disciplinary development studies programmes as well as economics courses, and will also interest practitioners pursuing careers in developing countries.


Economic Development in the Americas Since 1500

Economic Development in the Americas Since 1500

Author: Stanley L. Engerman

Publisher: Cambridge University Press

Published: 2012

Total Pages: 449

ISBN-13: 1107009553

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Examines differences in the rates of economic growth in Latin America and mainland North America since the seventeenth century.


Human Capital and Regional Development in Europe

Human Capital and Regional Development in Europe

Author: Claude Diebolt

Publisher: Springer Nature

Published: 2022-01-07

Total Pages: 152

ISBN-13: 3030908585

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Human capital is of utmost importance for the future of our knowledge economies and societies. However, it is unequally distributed in Europe, contributing to marked spatial patterns of economic prosperity within and across countries. In many cases, these patterns have a long history. To understand them better, it requires to go back in time, when mass schooling was starting to become a reality across Europe. Taking a long-run perspective over more than 150 years, this book shows the development and the distribution of human capital in the regions of Europe and its connections with the economy. It provides insights into recent research findings in this area, including theoretical advances and the use of new empirical data.