Transitional Dynamics and Economic Growth in Developing Countries PDF Download

Author: Thomas Steger
Publisher:
ISBN: 9783642457852
Category :
Languages : en
Pages : 168

View

Book Description

Author: Joseph F. Francois
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 42

View

Book Description

Author: Thomas Steger
Publisher: Springer
ISBN:
Category : Business & Economics
Languages : en
Pages : 168

View

Book Description
Four stylised facts of aggregate economic growth are set up initially. The growth process is interpreted to represent transitional dynamics rather than balanced-growth equilibria. Against this background, the fundamental importance of subsistence consumption is comprehensively analysed. Subsequently, the meaning of the productive-consumption hypothesis for the intertemporal consumption trade-off and the growth process is investigated. Finally, the process of growth is analysed empirically by means of cross-sectional conditional convergence regressions with endogenous control variables.

Author: Peter E. Robertson
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 44

View

Book Description

Author: Sergio Rebelo
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 58

View

Book Description

Author: Stephen J. Turnovsky
Publisher: Cambridge University Press
ISBN: 0521764750
Category : Business & Economics
Languages : en
Pages : 255

View

Book Description
An investigation of the process of economic growth in a small open economy by one of the world's leading economists.

Author: Thomas Steger
Publisher: Springer Science & Business Media
ISBN: 3642457843
Category : Business & Economics
Languages : en
Pages : 161

View

Book Description
Four stylised facts of aggregate economic growth are set up initially. The growth process is interpreted to represent transitional dynamics rather than balanced-growth equilibria. Against this background, the fundamental importance of subsistence consumption is comprehensively analysed. Subsequently, the meaning of the productive-consumption hypothesis for the intertemporal consumption trade-off and the growth process is investigated. Finally, the process of growth is analysed empirically by means of cross-sectional conditional convergence regressions with endogenous control variables.

Author: Robert J. Barro
Publisher: MIT Press
ISBN: 9780262025539
Category : Business & Economics
Languages : en
Pages : 676

View

Book Description
The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.

Author: Robert Graham King
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 41

View

Book Description

Author: Pim Martens
Publisher: Routledge
ISBN: 1351407155
Category : Nature
Languages : en
Pages : 148

View

Book Description
The Earth System may be the most complex entity that ever emerged in our galaxy and the contemporary process of 'globalisation' may be the most intricate dynamics that will ever pervade that entity: it is the interactive co-evolution of millions of technological, cultural, economic, social and environmental trends at all conceivable spatiotemporal scales that brings about the present fundamental transformation of humanity’s way of life. In this text the authors make the heroic effort to tame the complexity of modern planetary development by the intellectual concept of 'transition'. In this work, four major issues are discussed that are of global importance: developments related to two of our key natural resources; water and biodiversity; the health of human populations; and the developments related to global tourism.