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Economics of Growth

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ISBN-10: 0262012634

ISBN-13: 9780262012638

Edition: 2008

Authors: Philippe Aghion, Peter Howitt

List price: $89.00
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Description:

This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtleties of dynamic programming and stochastic processes to learn what is essential about such issues as cross-country convergence, the effects of financial development on growth, and the consequences of…    
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Book details

List price: $89.00
Copyright year: 2008
Publisher: MIT Press
Publication date: 12/19/2008
Binding: Hardcover
Pages: 520
Size: 7.25" wide x 9.25" long x 1.00" tall
Weight: 2.134
Language: English

Complete Contents
Preface
Acknowledgments
Introduction
Part I
Neoclassical Growth Theory
The AK Model
Product Variety
The Schumpeterian Model
Capital, Innovation, and Growth Accounting
Part II
Finance and Growth
Technology Transfer and Cross-Country Convergence
Market Size and Directed Technical Change
General-Purpose Technologies
Stages of Growth
Institutions and Nonconvergence Traps
Part III
Fostering Competition and Entry
Investing in Education
Reducing Volatility and Risk
Liberalizing Trade
Preserving the Environment
Promoting Democracy
Conclusion
Looking Ahead: Culture and Development
Appendix: Basic Elements of Econometrics
References
Index