Download or read book Economic Growth written by Benigno Valdés and published by Edward Elgar Publishing. This book was released on 1999-01-27 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Growth is an advanced undergraduate text written specifically for one semester courses in growth theory and for first year graduate students to refresh their knowledge. It will also be of great use for scholars and professional economists as the text contains many references to practical policy issues. The author condenses the fundamental issues of growth theory and covers the new ideas in a highly entertaining text, written in a clear and accessible style.
Download or read book Economic Growth and Development Policy written by Panagiotis E. Petrakis and published by Springer Nature. This book was released on 2020-07-23 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the theoretical and analytical background necessary to understanding the process of growth and the implementation of economic policies. First, it presents the growth theory landscape and the evolution of growth as well as modern growth theory arguments where the policy implications of the theoretical approaches are set. The book then covers the relationship between policy and growth, discussing not only the growth prototypes that prevail but also their relation to politics and economic policy formation and decision making. In this context, policy formation determinants, as well as the targets, instruments, and policy implementations, are crucial. The role of structural changes and structural reforms and their relationship with economic growth is also analyzed. The book ends with an interdisciplinary study of how institutions and cultural background, entrepreneurship and innovation affect policy formation.
Download or read book Growth Theory and Growth Policy written by Harald Hagemann and published by Routledge. This book was released on 2003-03-06 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection examines the phenomenon of economic growth with admirable economic vigour and includes contributions from leading academic figures. Theoretical approaches, underpinned by original empirical work, will make this a book welcomed by students and academics of macroeconomics and growth theory.
Download or read book Endogenous Growth Theory written by Philippe Aghion and published by MIT Press. This book was released on 1998 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Problems and solutions by Cecilia Garcâia-Peänalosa in collaboration with Jan Boone, Chol-Won Li, and Lucy White." Includes bibliographical references (p. [665]-687) and index.
Download or read book Unified Growth Theory written by Oded Galor and published by Princeton University Press. This book was released on 2011-04-11 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth. Presents a unified theory of economic growth from the dawn of civilization to today Explains the worldwide disparities in living standards and population we see today Provides a comprehensive overview of the three phases of the development process Analyzes the Malthusian theory and its empirical support Examines theories of demographic transition and their empirical significance Explores the interaction between economic development and human evolution
Download or read book A Theory of Economic Growth written by David de la Croix and published by Cambridge University Press. This book was released on 2002-10-24 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.
Download or read book The Economics of Growth written by Philippe Aghion and published by MIT Press. This book was released on 2024-09-17 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: A 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.
Download or read book New Theories in Growth and Development written by Frank Hahn and published by Springer. This book was released on 2016-01-06 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection offers a stimulating and insightful overview of the main issues affecting long-term economic growth. The novelty of this book is that it brings together two strands of economic literature, growth and development theories. The communication between different approaches is crucial as it is increasingly understood that growth hinges upon institutional and policy aspects that are generally neglected in the stylized models of growth but highly relevant for developing countries. Government policies and institution design become central to the explanation of divergent growth paths.
Download or read book Rethinking Economic Growth Theory From a Biophysical Perspective written by Blair Fix and published by Springer. This book was released on 2014-12-09 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become decoupled from energy consumption; 2) economic distribution is unrelated to growth; 3) large institutions are not important for growth; and 4) labor force structure is not important for growth. Drawing on a wide range of data from the economic history of the United States, this book tests the validity of these assumptions and finds no empirical support. Instead, connections are found between the growth in energy consumption and such disparate phenomena as economic redistribution, corporate employment concentration, and changing labor force structure. The integration of energy into an economic growth model has the potential to offer insight into the future effects of fossil fuel depletion on key macroeconomic indicators, which is already manifested in stalled or diminished growth and escalating debt in many national economies. This book argues for an alternative, biophysical perspective to the study of growth, and presents a set of "stylized facts" that such an approach must successfully explain. Aspects of biophysical analysis are combined with differential monetary analysis to arrive at a unique empirical methodology for investigating the elements and dependencies of the economic growth process.
Download or read book New Growth Theory written by Jatikumar Sengupta and published by Edward Elgar Publishing. This book was released on 1998 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempts to explain the process of long-run economic growth through endogenous forces such as human capital, knowledge spillover, and information technology. Reviews economic issues in new growth theory, and discusses its empirical evidence and usefulness in national policy making. Analyzes the dynamic and disequilibrium models as applied to recent international growth and discusses their policy implications, and empirically illustrates the various phases of growth in technology-intensive sectors such as flexible manufacturing and the semiconductor and telecommunications industries. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Endogenous Growth in Historical Perspective written by Ramesh Chandra and published by Springer Nature. This book was released on 2021-11-24 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, new endogenous growth theory has become popular but the ideas are not new. They go back at least as far as Adam Smith, and the subsequent contributions made notably by Alfred Marshall and Allyn Young. This book critically discusses and provides an historical perspective to the entire spectrum of endogenous growth theories starting with Adam Smith and ending with Paul Romer. It fills an important gap in the literature. While contributions of individual authors are readily available, there is no comprehensive study on the subject covering such a vast ground, critically discussing these authors in a comprehensive framework. It collates all the arguments and economic viewpoints in one collection, providing both the seasoned economist and a graduate economist with a critical comparison of origin, mechanisms, conclusions, and policy implications of these models.
Download or read book Handbook of Economic Growth written by Philippe Aghion and published by Elsevier. This book was released on 2005-12-21 with total page 1139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Featuring survey articles by leading economists working on growth theory, this two-volume set covers theories of economic growth, the empirics of economic growth, and growth policies and mechanisms. It also covers technology, trade and geography, and growth and socio-economic development.
Download or read book Human Capital and Economic Growth written by Alberto Bucci and published by Springer Nature. This book was released on 2019-11-26 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection explores the links between human capital (both in the form of health and in the form of education), demographic change, and economic growth. Using empirical as well as theoretical perspectives, the authors investigate several important issues in the context of human capital, namely population ageing, inequality, public policy, and long-term economic development. Ultimately, they demonstrate that the accumulation of human capital is of crucial importance to long-run economic growth.
Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2007-01-26 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across nations. The questions raised by these results include: What is the impact on inequality of policies designed to foster growth? Does inequality by itself facilitate or detract from economic growth, and does it amplify or diminish policy effectiveness? This book provides a forum for economists to examine the theoretical, empirical, and policy issues involved in the relationship between growth and inequality. The aim is to develop a framework for determining the role of public policy in enhancing both growth and equality. The diverse range of topics, examined in both developed and developing countries, includes natural resources, taxation, fertility, redistribution, technological change, transition, labor markets, and education. A theme common to all the essays is the importance of education in reducing inequality and increasing growth.
Download or read book Growth Theory written by Daniel Shore and published by Freegulls Publishing House. This book was released on with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth theory is a branch of economics that seeks to understand the mechanisms behind sustained economic growth and development. It emerged in response to the question of why some countries experience rapid and sustained increases in per capita income over time while others do not. One of the foundational models in growth theory is the Solow-Swan model, developed by Robert Solow and Trevor Swan in the 1950s. This model highlights the role of capital accumulation, labor force growth, and technological progress in driving economic growth. According to the Solow-Swan model, economies converge to a steady state level of output per capita, where the rate of growth is determined by exogenous factors such as technological progress. However, the Solow-Swan model faced criticisms for not adequately explaining the sources of technological progress and the role of human capital. This led to the development of endogenous growth theory, pioneered by economists like Paul Romer. Endogenous growth theory emphasizes the importance of factors such as research and development, human capital accumulation, and knowledge spillovers in driving long-term economic growth.
Download or read book Economic Growth and Development written by Sibabrata Das and published by Springer. This book was released on 2018-08-16 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach. Towards this end, the authors augment the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation, creating a single two-sector model of structural transformation. Based on applied research and practical experiences in macroeconomic development, the model in this book presents a more rigorous, quantifiable, and explicitly dynamic dual economy approach to development. Common microeconomic foundations and notation are used throughout, with each chapter building on the previous material in a continuous flow. Revised and updated to include more exercises for guided self study, as well as a technical appendix covering required mathematical topics beyond calculus, the second edition is appropriate for both upper undergraduate and graduate students studying development economics and macroeconomics.
Download or read book Growth Theory and Strategy New Direction written by Lakshmi Chandra Gupta and published by . This book was released on 1983 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Indian context.
