Reappraisal of the Convergence Hypothesis from the Perspective of Endogenous Growth Theory PDF Download
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Author: Yeong Seok Kim
Publisher:
ISBN:
Category : Convergence
Languages : en
Pages : 244
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Book Description
Author: Yeong Seok Kim
Publisher:
ISBN:
Category : Convergence
Languages : en
Pages : 244
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Book Description
Author: Philippe Aghion
Publisher: MIT Press
ISBN: 9780262011662
Category : Business & Economics
Languages : en
Pages : 720
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Book Description
"Problems and solutions by Cecilia Garcâia-Peänalosa in collaboration with Jan Boone, Chol-Won Li, and Lucy White." Includes bibliographical references (p. [665]-687) and index.
Author: Charles Leung
Publisher:
ISBN:
Category : Convergence (Economics)
Languages : en
Pages : 15
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Book Description
Author: Roberto J. Cavazos
Publisher: Routledge
ISBN: 1351746146
Category : Social Science
Languages : en
Pages : 83
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Book Description
This title was first published in 2001. What determines urban growth? Much has been written on particular causes and incidents which can explain the rise of one metropolis and the fall of another, but these do not illustrate general tendencies. This volume asks whether theories used to explain economic growth of nations or regions can be employed to find characteristics which encourage the growth of cities. Cavazos tests two principal theoretical approaches in this way. The first, the endogenous growth theory, predicts that incomes will diverge and sees technological innovations as the engine of economic growth. The second, the neoclassical growth theory, predicts conditional convergence and rates capital accumulation as the key to economic growth. He uses the two models to study US metropolitan income growth between 1970 and 1990 and compares their performance to determine which provides more insightful explanations of metropolitan growth.
Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 420
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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344658
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Author: Leszek Balcerowicz
Publisher: World Bank Publications
ISBN: 1464803269
Category : Business & Economics
Languages : en
Pages : 355
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Book Description
By comparing countries like Venezuela and Chile, China and India, Dominican Republic and Haiti, and others, the book tries to answer the questions of which institutions and policies are crucial for stable long term economic growth.
Author: Ronald I. McKinnon
Publisher: Brookings Institution Press
ISBN: 9780815718499
Category : Business & Economics
Languages : en
Pages : 204
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Book Description
This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.
Author: Lucas Bretschger
Publisher: Springer
ISBN: 9781402062926
Category : Science
Languages : en
Pages : 231
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Book Description
The chapters in the book cover a broad range of aspects regarding the relationship between natural resource use and long-term economic development. The book surveys existing literature as well as adds to frontier research. In particular, the following topics are studied: incentives for adoption and diffusion of clean technology, resource scarcity and limits to growth, international convergence of energy intensity, and the social norms shaping resource depletion.
Author: Jesus Felipe
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 48
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Book Description
