Understanding Long Run Economic Growth
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Understanding Long Run Economic Growth
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Author : Dora L. Costa
language : en
Publisher: University of Chicago Press
Release Date : 2011-08-10
Understanding Long Run Economic Growth written by Dora L. Costa and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-10 with Business & Economics categories.
The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. Probing the long-term effects of early colonial differences on immigration policy, land distribution, and financial development in a variety of settings, Understanding Long-Run Economic Growth explores the relationship between economic conditions, growth, and inequality, with a focus on how the monopolization of resources by the political elite limits incentives for ordinary people to invest in human capital or technological discovery. Among the topics discussed are the development of credit markets in France, the evolution of transportation companies in the United Kingdom and the United States, and the organization of innovation in the United States.
Explaining Long Term Economic Change
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Author : J. L. Anderson
language : en
Publisher: Cambridge University Press
Release Date : 1995-09-28
Explaining Long Term Economic Change written by J. L. Anderson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-09-28 with Business & Economics categories.
A concise and accessible examination of the established models used to explain long-term and large-scale economic change.
Physioeconomics
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Author : Philip M. Parker
language : en
Publisher: MIT Press
Release Date : 2000
Physioeconomics written by Philip M. Parker and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.
He presents evidence that long-run growth can be attributed to variances in hypothalmic activity."--BOOK JACKET.
Long Run Economic Growth
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Author : Steven Durlauf
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Long Run Economic Growth written by Steven Durlauf and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests.
Long Run Economics
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Author : Norman Clark
language : en
Publisher:
Release Date : 2013
Long Run Economics written by Norman Clark and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Macroeconomics categories.
Long Run Growth Social Institutions And Living Standards
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Author : Neri Salvadori
language : en
Publisher: Edward Elgar Publishing
Release Date : 2014-05-14
Long Run Growth Social Institutions And Living Standards written by Neri Salvadori and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-14 with Business & Economics categories.
This engaging book contains a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress. It explores the mutual relationships between living standards, social habits, education an
Economic Growth And Development
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Author : Hendrik Van den Berg
language : en
Publisher: Irwin/McGraw-Hill
Release Date : 2001
Economic Growth And Development written by Hendrik Van den Berg and has been published by Irwin/McGraw-Hill this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
This textbook by Hendrik Van den Berg on Economic Growth and Development presents a long-awaited synthesis of Development Economics and Growth Theory. It also incorporates the recent contributions to our understanding of economic growth from the fields of economic history and the new institutional economics. By basing its analysis on the recent advances in growth theory, the book offers a unified approach to all episodes of economic growth for countries at all levels of development and throughout history. Students will be comfortable with an analysis that enables them to understand economic growth in their own country as well as in economies very different from their own. The unified theoretical framework greatly facilitates students understanding of the process of economic growth, and the many cases and examples highlight the fascinating diversity of our world.
Long Run Growth Forecasting
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Author : Stefan Bergheim
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-03-29
Long Run Growth Forecasting written by Stefan Bergheim and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-03-29 with Business & Economics categories.
This book explores how to set up an empirical model that helps with forecasting long-term economic growth. GDP forecasts for the years 2006 to 2020 for 40 countries are derived in a transparent way. Offering a systematic approach to models of potential GDP that can also be used for forecasts of more than a decade it fills the wide gap between the high demand for such models by banks, international organizations, and governments on the one hand and the limited supply on the other hand. Frequent forecast failures in the past (e.g. Japan 1990, Asia 1997) and the heavy economic losses they produced motivated the work. The book assesses the large number of theories of economic growth, the drivers of economic growth, the available datasets and the empirical methods on offer. A preference is shown for evolutionary models and an augmented Kaldor model. The book uses non-stationary panel techniques to find pair-wise cointegration among GDP per capita and its main correlates.
Social Capability And Long Term Economic Growth
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Author : Bon Ho Koo
language : en
Publisher: Springer
Release Date : 2016-07-27
Social Capability And Long Term Economic Growth written by Bon Ho Koo and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-27 with Business & Economics categories.
What accounts for the varying long term growth patterns across developing countries? Why were some economies able to achieve sustained and rapid growth in the past three decades, while others failed? In Social Capability and Long-Term Economic Growth, an impressive panel of economists come together to develop a theory of long-term growth, focusing on the dynamic relationship between the social capability to manage scarce resources and long-term growth. Various theoretical issues concerning social capability are explored, and in-depth case-studies of the development experiences of Asian, Latin American, and socialist economies are presented with significant empirical findings. The authors argue that a nation's social capability to efficiently manage human resources is a crucial ingredient for sustaining growth. This study is a serious response to the important question of how a poor developing country can transform itself into a developed one, and its findings offer valuable insight to the development of a long-term growth theory and to economic development policies.
Long Run Economics
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Author : Norman G. Clark
language : en
Publisher:
Release Date : 2013
Long Run Economics written by Norman G. Clark and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Economic development categories.
"A major problem of conventional economic theory as applied to long-run economic change is its unduly narrow and static character, which compromises its capacity to handle conceptually a social process inherently systemic, complex and dynamic. At the same time there is a growing realization in relevant government and industrial circles (reinforced by the example of Japan) that effective economic policy-making needs a strategic, and therefore a technological, content. Long-Run Economics suggests a more realistic conceptual framework for the analysis of economic and technological change. Borrowing from other disciplines, such as sociology, psychology and biology, the authors develop a model that is evolutionary and systemic in character. Special emphasis is given to the role of information flows in the innovative process, while the overall argument is illustrated by two case studies, photovoltaics and fuel ethanol. Finally, the book stresses the strategic importance of science and technology policy and the role of appropriate institutions in facilitating long-run economic change."--Bloomsbury Publishing.