Progress and Puzzles in Understanding the Determinants of Economic Growth PDF Download

Author: Paul Romer
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 12

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Author: Maaike S. Oosterbaan
Publisher: Springer Science & Business Media
ISBN: 1461544831
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
Determinants 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: Leszek Balcerowicz
Publisher: World Bank Publications
ISBN: 1464803269
Category : Business & Economics
Languages : en
Pages : 355

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By 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: Daniel Shore
Publisher: Freegulls Publishing House
ISBN:
Category : Business & Economics
Languages : en
Pages : 28

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Book Description
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.

Author: Maria Brouwer
Publisher: University of Michigan Press
ISBN: 9780472102549
Category : Business & Economics
Languages : en
Pages : 286

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Combines Schumpeter's theory and modern economics to give a new view of innovation in small and large firms

Author: Simone Marsiglio
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Economic growth is probably the most important goal of every policy intervention because of its wide consequences on the welfare of current and future generations. Because of the current crisis faced by several industrialized countries, this is probably much clearer today than in the past. In order to determine whether and which kind of public intervention can be taken to restore the growth process, the first step is understanding the relationship between different factors and economic growth. The goal of this brief paper is to shed some light on the mutual implications of growth and some of these factors: demography, technology and environment.

Author: Marion Roberts Daugherty
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 126

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Book Description
A brief history of worldwide economic growth, with a detailed study of the U.S. from Colonial times to through the 1950's.

Author: C. Owen Paepke
Publisher: Random House (NY)
ISBN:
Category : Business & Economics
Languages : en
Pages : 424

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Book Description
Material progress is coming to an end, exhausted by its own success and confronted by the limits of postindustrial capitalism. But poised to replace it, argues the author, is a radical new vision of human progress: the transformation of people themselves through advances in neurobiology, artificial intelligence, and genetic engineering.

Author: Robert J Barro
Publisher:
ISBN: 9780262267779
Category :
Languages : en
Pages : 154

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Book Description
Summarizes recent research from hundreds of empirical studies on economic growth across countries that have highlighted the correlation between growth and a variety of variables.

Author: Leszek Balcerowicz
Publisher: World Bank Publications
ISBN: 9781464803253
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
By 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.