Chapter 9 p. 243 (top) Steam Engine (1832), J. Yeager. Engraving. Plate DVIII from the Edinburgh Encyclopedia First American Edition, Science and the Arts, Volume XVII. Philadelphia: Joseph Parker/Pearson Education; p.
The steady-state value is determined from /'(£*) = S + p + 9x,is whereas the golden-rule value comes from /'(£goid) = S+x + n. The inequality in equation (2.3 1 ) implies p + 9 x > x + n and, hence, f'(k*) > /'(fcgoid).
Notes 10World Bank (2011), Collier (2007). 11Miguel, Satyanath, and Sergenti (2004). 1Ashton et al. (1984), Chen and Galenson (1969). 2Desvaux, Wang, and Xu (2004), OECD (2009), World Development Indicators database. 3North (1990), p.
Econ Hist Rev 57(3):437–464 Gabre-Madhin E, Barrett CB, Dorosh P (2003) Technological change and price effects in agriculture: conceptual and comparative perspectives, markets, trade, and institutions, Division Discussion Paper 62.
Why are some countries rich and others poor? David N. Weil, one of the top researchers in economic growth, introduces students to the latest theoretical tools, data, and insights underlying this pivotal question.
Why are some countries rich and others poor? David N. Weil, one of the top researchers in economic growth, introduces students to the latest theoretical tools, data, and insights underlying this pivotal question.
Economic Growth: IX RE American English Reprint
This new two volume set contains major recent theoretical and empirical contributions to the debate on long-term economic growth. Research on long-term growth was revitalized in recent years as it...
How does economic growth work? Beginning with the history of leading countries over the past 2000 years, Economic Growth finds which countries have achieved sustained growth and how they did it.
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.
This book outlines benefits and moral dimensions of economic growth.
Dynamic Macroeconomic Analysis: Theory and Policy in General Equilibrium. Cambridge: Cambridge University ... Growth Theory, Nonlinear Dynamics, and Economic Modelling: Scientific Essays of William Allen Brock. Cheltenham: Edward Elgar.
The second edition corrects a few typographical errors and improves some notation. This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions.
How does economic growth work? Beginning with the history of leading countries over the past 2000 years, Economic Growth finds which countries have achieved sustained growth and how they did it.
This enlightening and significant volume focuses on the nature, causes and features of economic growth across a wide range of countries and regions. Covering a variety of growth related topics...
... dynamic stochastic models easily. In Computational methods for the study of dynamic economics, ed. R. Marimon and A. Scott, 30–61. Oxford: Oxford University Press. 6 Endogenous Growth Models 6.1 The AK Model Yt D. 266 5 Numerical Solution ...
A fascinating introduction to the theory of economic growth that unifies the descriptive and normative strands of growth theory.