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Author: Leszek Balcerowicz
Publisher: World Bank Publications
Published: 2014-12-03
Total Pages: 355
ISBN-13: 1464803269
DOWNLOAD EBOOKBy comparing countries like Venezuela and Chile, China and India, Dominican Republic and Haiti, and others, the book tries to answer the questions of which institutions and policies are crucial for stable long term economic growth.
Author: Maaike S. Oosterbaan
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 290
ISBN-13: 1461544831
DOWNLOAD EBOOKDeterminants of economic growth: An overview Thijs de Ruyter van Steveninck, Nico van der Windt, and Maaike Oosterbaan Netherlands Economic Institute What causes economic growth? Why have some countries grown much faster than others? Why do some countries not grow at all, or even experience negative (per capita) growth rates? What can governments do to raise the growth rates of their country? These questions were discussed at a conference on March 23 and 24, 1998, organized by the Netherlands Economic Institute (NEI) on behalf of the Netherlands Ministry of Foreign Affairs. This book contains the proceedings of the conference. Economic growth is widely considered as a necessary (though not sufficient) condition for poverty alleviation. During the past two decades, scholars and researchers have found a renewed interest in thinking about economic growth, and advances in the understanding of economic growth have taken place. On the one hand, the theoretical understanding of growth has progressed on various fronts, including endogenous technological innovation and increasing returns to scale; the interaction of population, fertility, human capital, and growth; international spill-overs in technology and capital accumulation; and the role of institutions. On the other hand, the increasing availability and use of data sets has given a large incentive to empirical research on cross-country growth, following the path-breaking work ofBarro (1991).
Author: Maria Brouwer
Publisher: University of Michigan Press
Published: 1991
Total Pages: 286
ISBN-13: 9780472102549
DOWNLOAD EBOOKCombines Schumpeter's theory and modern economics to give a new view of innovation in small and large firms
Author: Robert Graham King
Publisher: World Bank Publications
Published: 1994
Total Pages: 53
ISBN-13:
DOWNLOAD EBOOKShould our research and policy advice be guided by a modern version of capital fundamentalism, in which capital and investment are viewed as the primary determinants of economic development and long- run growth? No. Capital accumulation seems to be part of the process of economic development, not its igniting source.
Author: Philippe Aghion
Publisher: MIT Press
Published: 2024-09-17
Total Pages: 519
ISBN-13: 0262553104
DOWNLOAD EBOOKA comprehensive, rigorous, and up-to-date introduction to growth economics that presents all the major growth paradigms and shows how they can be used to analyze the growth process and growth policy design. This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtleties of dynamic programming and stochastic processes to learn what is essential about such issues as cross-country convergence, the effects of financial development on growth, and the consequences of globalization. The book, which grew out of courses taught by the authors at Harvard and Brown universities, can be used both by advanced undergraduate and graduate students, and as a reference for professional economists in government or international financial organizations. The Economics of Growth first presents the main growth paradigms: the neoclassical model, the AK model, Romer's product variety model, and the Schumpeterian model. The text then builds on the main paradigms to shed light on the dynamic process of growth and development, discussing such topics as club convergence, directed technical change, the transition from Malthusian stagnation to sustained growth, general purpose technologies, and the recent debate over institutions versus human capital as the primary factor in cross-country income differences. Finally, the book focuses on growth policies—analyzing the effects of liberalizing market competition and entry, education policy, trade liberalization, environmental and resource constraints, and stabilization policy—and the methodology of growth policy design. All chapters include literature reviews and problem sets. An appendix covers basic concepts of econometrics.
Author: Sheldon DANZIGER
Publisher: Harvard University Press
Published: 2009-06-30
Total Pages: 577
ISBN-13: 0674030176
DOWNLOAD EBOOKIn spite of an unprecedented period of growth and prosperity, the poverty rate in the United States remains high relative to the levels of the early 1970s and relative to those in many industrialized countries today. Understanding Poverty brings the problem of poverty in America to the fore, focusing on its nature and extent at the dawn of the twenty-first century.
Author: Thomas F. Cooley
Publisher: Princeton University Press
Published: 1995-02-26
Total Pages: 452
ISBN-13: 9780691043234
DOWNLOAD EBOOKThis introduction to modern business cycle theory uses a neoclassical growth framework to study the economic fluctuations associated with the business cycle. Presenting advances in dynamic economic theory and computational methods, it applies concepts to t
Author: Charles R. Hulten
Publisher: University of Chicago Press
Published: 2007-11-01
Total Pages: 648
ISBN-13: 0226360644
DOWNLOAD EBOOKThe productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.
Author: Mark Gradstein
Publisher: MIT Press
Published: 2006
Total Pages: 251
ISBN-13: 026207284X
DOWNLOAD EBOOKExperts address "the development puzzle"--unprecedented growth coupled with unequal distribution of that growth across different countries--and focus on the importance of institutional arrangements and norms and culture.
Author: Richard R. Nelson
Publisher: Harvard University Press
Published: 1985-10-15
Total Pages: 456
ISBN-13: 9780674041431
DOWNLOAD EBOOKThis book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
