Determinants of Economic Growth: A Cross-Country Empirical Study (Lionel Robbins Lectures)

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9780262522540: Determinants of Economic Growth: A Cross-Country Empirical Study (Lionel Robbins Lectures)

Book by Barro Robert J

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Críticas:

"Professor Barro has been right in the vanguard of the recent empiricalliterature on economic growth and development. In this little book heprovides fascinating new evidence on the interplay between democracy andeconomic development, and of the impact of inflation on growth, as well asreviewing the evidence on convergence. In all respects a tour-de-force." Charles Bean, Professor, London School of Economics

Reseña del editor:

Nothing matters more to the long-term economic welfare of a nation than its rate of economic growth. Compounded over many years, seemingly small differences in annual growth rates can lead to vast differences in standards of living. Research on economic growth has exploded in the past decade. Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety of variables. Determinants of Economic Growth, based on Robert Barro's Lionel Robbins Memorial Lectures, delivered at the London School of Economics in February 1996, summarizes this important literature.The book contains three essays. The first is a survey of the research on the determinants of long-run growth through the estimation of panels of cross-country data. The second essay details the interplay between growth and political freedom or democracy and finds some evidence of a nonlinear relationship. At low levels of political rights, an expansion of rights stimulates growth; however, once a moderate level of democracy has been obtained, a further expansion of rights reduces growth. The final essay looks at the connection between inflation and economic growth. Its basic finding is that higher inflation goes along with a lower rate of economic growth.Unlike recent work that has focused on "endogenous" growth theories, in which the long-term growth rate was determined by government policies and other forces contained in the model, cross-country empirical work draws heavily on the older neoclassical model. The neoclassical model's central idea of conditional convergence receives strong support from the data: holding measures of government policy, initial levels of human capital, and other variables constant, poor countries grow faster than rich countries.

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Barro, Robert J.
Editorial: The MIT Press (1998)
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Descripción The MIT Press, 1998. Paperback. Estado de conservación: New. book. Nº de ref. de la librería 0262522543

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Descripción MIT Press Ltd, United States, 1998. Paperback. Estado de conservación: New. Revised ed.. 203 x 140 mm. Language: English . Brand New Book. Research on economic growth has exploded in the past decade. Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety of variables. Determinants of Economic Growth, based on Robert Barro s Lionel Robbins Memorial Lectures, delivered at the London School of Economics in February 1996, summarizes this important literature. The book contains three essays. The first is a survey of the research on the determinants of long-run growth through the estimation of panels of cross-country data. The second essay details the interplay between growth and political freedom or democracy and finds some evidence of a nonlinear relationship. At low levels of political rights, an expansion of rights stimulates growth; however, once a moderate level of democracy has been obtained, a further expansion of rights reduces growth. The final essay looks at the connection between inflation and economic growth. Its basic finding is that higher inflation goes along with a lower rate of economic growth. Nº de ref. de la librería AAH9780262522540

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Descripción MIT Press Ltd, United States, 1998. Paperback. Estado de conservación: New. Revised ed.. 203 x 140 mm. Language: English . Brand New Book. Research on economic growth has exploded in the past decade. Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety of variables. Determinants of Economic Growth, based on Robert Barro s Lionel Robbins Memorial Lectures, delivered at the London School of Economics in February 1996, summarizes this important literature. The book contains three essays. The first is a survey of the research on the determinants of long-run growth through the estimation of panels of cross-country data. The second essay details the interplay between growth and political freedom or democracy and finds some evidence of a nonlinear relationship. At low levels of political rights, an expansion of rights stimulates growth; however, once a moderate level of democracy has been obtained, a further expansion of rights reduces growth. The final essay looks at the connection between inflation and economic growth. Its basic finding is that higher inflation goes along with a lower rate of economic growth. Nº de ref. de la librería AAH9780262522540

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Descripción 1998. PAP. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. de la librería TM-9780262522540

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Descripción MIT Press Ltd, United States, 1998. Paperback. Estado de conservación: New. Revised ed.. 203 x 140 mm. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Research on economic growth has exploded in the past decade. Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety of variables. Determinants of Economic Growth, based on Robert Barro s Lionel Robbins Memorial Lectures, delivered at the London School of Economics in February 1996, summarizes this important literature. The book contains three essays. The first is a survey of the research on the determinants of long-run growth through the estimation of panels of cross-country data. The second essay details the interplay between growth and political freedom or democracy and finds some evidence of a nonlinear relationship. At low levels of political rights, an expansion of rights stimulates growth; however, once a moderate level of democracy has been obtained, a further expansion of rights reduces growth. The final essay looks at the connection between inflation and economic growth. Its basic finding is that higher inflation goes along with a lower rate of economic growth. Nº de ref. de la librería BTE9780262522540

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Descripción 1998. Paperback. Estado de conservación: New. New edition. 138mm x 14mm x 204mm. Paperback. Research on economic growth has exploded in the past decade. Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety.Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 160 pages. 0.204. Nº de ref. de la librería 9780262522540

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