Fundamental sources of long-run growth. American Economic Review , May, 87 2 , Innovation and economic growth. Economic growth in Europe since Cambridge University Press, Cambridge.

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Also NBER working paper no. Big bills left on the sidewalk: Journal of Economic Perspectives , 10 2 , Spring , Exogenous or endogenous growth? The Industrial Revolution reconsidered. The growth of nations. Economic growth and the structure of long-term development. The political economy of growth: World Bank Economic Review , 8 3 , Technology and international differences in growth rates.

Journal of Economic Literature , Investigaciones Economicas , 18, Endogenous innovation in the theory of growth. Journal of Economic Perspectives , Winter , What has been the matter with neoclassical growth theory? The economics of growth and technical change. Journal of Economic Perspectives , 8, The origins of endogenous growth. Journal of Economic Perspectives ,Winter , 8, Perspectives on growth theory.

Economic Growth MIT Press

The search for the sources of growth: Journal of Economic History , 53, On endogenizing long run growth. Scandinavian Journal of Economics , 95, Idea gaps and object gaps in economic development. Journal of Monetary Economics , 32 3 , December, Oxford Review of Economic Policy , 8 4 , Winter, Endogenous macroeconomic growth theory.

European Economic Review , 36, Toward a counter-counterrevolution in development theory. Van der Ploeg, F.

Books on economic growth

The macroeconomics of growth: Endogenous innovation in neo-classical growth models: Journal of Macroeconomics , Fall , Innovation and growth in the global economy. Companion to contemporary economic thought. The determinants of growth.


  • Topics in Economic Growth: Theory and Applications.
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  • National Champions and Economic Growth.
  • Oliver Falck, Christian Gollier, and Ludger Woessmann?

Economic Journal , , Capital accumulation in the theory of long-run growth. Modern business cycle theory. Growth theory and after. The chapter closes with long-run forecasts of the level of democracy across countries based on the empirical model developed in the chapter. The third chapter considers the effects of inflation on long-run economic performance.

Barro devotes a large part of this chapter to dealing with endogeneity issues; that is, ensuring that causation is running from inflation to growth and not in the other direction. However, economic historians will be interested in various aspects of the analysis that look at the role of institutions in the growth process.

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The rule of law index is found to be statistically significant in explaining growth. Chapter 1 also introduces a democracy index into the empirical framework, but a detailed discussion of this relationship is postponed until Chapter 2. In that discussion, the role of other institutional and cultural issues such as ethnolinguistic fractionalization, colonial heritage, and religious affiliation are considered in the growth-democracy relationship.


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  • Books on Economic Growth.
  • Magdeburg. La Furia (Italian Edition).
  • The Elusive Quest for Growth - Wikipedia;

There is no indication of the intended audience for this book, but it appears to be rather versatile. It provides a very general but useful overview of modern growth theory with particular emphasis on the convergence hypothesis, and provides a fairly complete statement of current methodology and conclusions in the empirical growth literature.

Introduction to economic growth

All of this could be useful to students of growth at the graduate level and to economists who are not current in the growth literature. With very few exceptions, most of the terminology used in the text is accessible to undergraduates. Most of the exceptions fall in the area of econometrics, but the use of graphs throughout the book to illustrate key estimated relationships largely eliminates this potential problem. I have also found that a lecture or two on basic regression analysis makes even the large tables of regression results accessible to advanced undergraduates.

The exposition keeps mathematical notational to an absolute minimum, and uses everyday terminology in many cases to describe the more difficult concepts. Only in the discussion of the debate over cross-section versus panel estimation in Chapter 1 and the choice of instruments in Chapter 3 does the text become sufficiently thick to hinder the interested undergraduate reader. In the concluding observations following Chapter 3, however, the results concerning democracy are reported as a main result of the analysis: In addition, the reader may well leave Chapter 2 questioning the direction of causation between democracy and growth, given that empirical models of both are considered in that chapter.

Despite these minor shortcomings, I am confident in saying that the book succeeds in its overall goal of providing a useful summary of the empirical evidence on the determinants of recent economic growth. Economic Development and Political Legitimacy.