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Economic Growth by Robert J. Barro
Book DescriptionThis 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.
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Book DetailsISBN: 9780262025539
(229mm x 178mm x 22mm)
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 18-Nov-2003
Country of Publication: United States
Books By Author Robert J. Barro
Education Matters, Hardback (August 2015)
Renowned economists Robert Barro and Jong-Wha Lee examine and establish the critical role that education in economic growth, fertility, and democracy. Engaging and informative,Education Matters is a compelling read for students, scholars, and anyone with a passion for education.
Crises of Governments, Paperback (November 2011)
Examines the causes and consequences of the financial crash. This title looks at the effects of fiscal stimulus packages and suggests that, whilst they may lead to an immediate positive impact on growth, the effect can quickly wear off and the effect of the so-called stimulus packages can then be negative.
Money Employment and Inflation, Paperback (July 2008)
This is a textbook on macroeconomic theory that attempts to rework the theory of macroeconomic relations through a re-examination of their microeconomic foundations.
Nothing is Sacred, Paperback (September 2003)» View all books by Robert J. Barro
Essays by the influential--and controversial--macroeconomist Robert J. Barro.
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Author Biography - Robert J. Barro
Robert J. Barro is Robert C. Waggoner Professor of Economics at Harvard University and a senior fellow of the Hoover Institution at Stanford University.
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