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Endogenous Growth in Historical Perspective

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Release : 2022
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Kind : eBook
Book Rating : 624/5 ( reviews)

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Book Synopsis Endogenous Growth in Historical Perspective by : Ramesh Chandra

Download or read book Endogenous Growth in Historical Perspective written by Ramesh Chandra. This book was released on 2022. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, new endogenous growth theory has become popular but the ideas are not new. They go back at least as far as Adam Smith, and the subsequent contributions made notably by Alfred Marshall and Allyn Young. This book critically discusses and provides an historical perspective to the entire spectrum of endogenous growth theories starting with Adam Smith and ending with Paul Romer. It fills an important gap in the literature. While contributions of individual authors are readily available, there is no comprehensive study on the subject covering such a vast ground, critically discussing these authors in a comprehensive framework. It collates all the arguments and economic viewpoints in one collection, providing both the seasoned economist and a graduate economist with a critical comparison of origin, mechanisms, conclusions, and policy implications of these models. Ramesh Chandra received his PhD in Economics from the University of Strathclyde, UK, and studied economics at the Delhi School of Economics, University of California (Berkeley) and University of Glasgow. He has held professorships at Lal Bahadur Shastri National Academy of Administration and Indian Council of Research on International Economic Relations, India, among others. His research interests include trade policy and growth, the relationship between economic thought and development economics, and the history of economic thought. He has published extensively including a book Allyn Abbott Young.

Endogenous Growth in Historical Perspective

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Author :
Release : 2021-11-24
Genre : Business & Economics
Kind : eBook
Book Rating : 610/5 ( reviews)

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Book Synopsis Endogenous Growth in Historical Perspective by : Ramesh Chandra

Download or read book Endogenous Growth in Historical Perspective written by Ramesh Chandra. This book was released on 2021-11-24. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, new endogenous growth theory has become popular but the ideas are not new. They go back at least as far as Adam Smith, and the subsequent contributions made notably by Alfred Marshall and Allyn Young. This book critically discusses and provides an historical perspective to the entire spectrum of endogenous growth theories starting with Adam Smith and ending with Paul Romer. It fills an important gap in the literature. While contributions of individual authors are readily available, there is no comprehensive study on the subject covering such a vast ground, critically discussing these authors in a comprehensive framework. It collates all the arguments and economic viewpoints in one collection, providing both the seasoned economist and a graduate economist with a critical comparison of origin, mechanisms, conclusions, and policy implications of these models.

Growth Theory in Historical Perspective

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Author :
Release : 2001
Genre : Biography & Autobiography
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Growth Theory in Historical Perspective by : Th van de Klundert

Download or read book Growth Theory in Historical Perspective written by Th van de Klundert. This book was released on 2001. Available in PDF, EPUB and Kindle. Book excerpt: These 13 essays demonstrate the development of growth theory since the 1960s. The sequence of chapters reveals the shifts in focus which has occurred since the first formal growth models of the 1940s and 1950s, illustrating the different theories which have led to the contemporary model.

The Forces of Economic Growth

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Release : 2016-06-28
Genre : Business & Economics
Kind : eBook
Book Rating : 967/5 ( reviews)

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Book Synopsis The Forces of Economic Growth by : Alfred Greiner

Download or read book The Forces of Economic Growth written by Alfred Greiner. This book was released on 2016-06-28. Available in PDF, EPUB and Kindle. Book excerpt: In economics, the emergence of New Growth Theory in recent decades has directed attention to an old and important problem: what are the forces of economic growth and how can public policy enhance them? This book examines major forces of growth--including spillover effects and externalities, education and formation of human capital, knowledge creation through deliberate research efforts, and public infrastructure investment. Unique in emphasizing the importance of different forces for particular stages of development, it offers wide-ranging policy implications in the process. The authors critically examine recently developed endogenous growth models, study the dynamic implications of modified models, and test the models empirically with modern time series methods that avoid the perils of heterogeneity in cross-country studies. Their empirical analyses, undertaken with newly constructed time series data for the United States and some core countries of the Euro zone, show that models containing scale effects, such as the R&D model and the human capital model, are compatible with time series evidence only after considerable modifications and nonlinearities are introduced. They also explore the relationship between growth and inequality, with particular focus on technological change and income disparity. The Forces of Economic Growth represents a comprehensive and up-to-date empirical time series perspective on the New Growth Theory.

Conversations on Growth, Stability and Trade

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Release : 2002-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 422/5 ( reviews)

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Book Synopsis Conversations on Growth, Stability and Trade by : Brian Snowdon

Download or read book Conversations on Growth, Stability and Trade written by Brian Snowdon. This book was released on 2002-01-01. Available in PDF, EPUB and Kindle. Book excerpt: This is a splendid book. It sits at the interface of economics and economic history, and provides both a textbook-style introduction to the key themes of macroeconomics and personal insights into the central debates gleaned from interviews with leading economists. David Greasley, Australian Economic History Review It should be in every library. A hundred years from now, it will be an important guide to what leading economists thought they knew, and what they knew they didn't know as of A.D. 2002. Christopher Hanes, EH.Net Conversations on Growth, Stability and Trade is a wonderful survey of the development of macroeconomic thinking over the past decades. Brian Snowdon has a knack for combining insightful essays on a subject with interviews of interesting, relevant, and diverse economists. The interviews give one an excellent sense of how economists approach policy issues. David Colander, Middlebury College, US Conversations on Growth, Stability and Trade has all the lucidity of A Modern Guide to Macroeconomics by Snowdon, Vane and Wynarczyk, combined with the fascination of Conversations with Leading Economists by Snowdon and Vane. Students will love it and their teachers will devour it the night before the big lecture. If only I had learned macroeconomics this way. Mark Blaug, University of London and University of Buckingham, UK These well informed and highly readable interviews provide a great introduction to some of the big issues in modern economics. Roger E. Backhouse, University of Birmingham, UK This unique volume provides a comprehensive survey of the major economic issues that have helped shape the modern world. It includes discussions of the latest research findings in macroeconomics and scrutinises some of the most important debates in economic history. The author examines the many controversies relating to the role of government in a modern economy, long-run growth and development, the spread of the Industrial Revolution, the causes and consequences of the Great Depression , the Great Peacetime Inflation , the conduct of stabilisation policy, international economic integration and globalisation. To shed light on these major issues the volume contains interviews with ten leading economists who have each contributed extensively to the literature on macroeconomics, economic growth and development, international economics and economic history. A major theme which runs throughout the book is the conviction that economists can gain valuable insights concerning important contemporary policy issues from a knowledge of history, especially economic history. The distinguished economists featured in this book are: Ben Bernanke, Jagdish Bhagwati, Alan Blinder, Nick Crafts, Bradford DeLong, Barry Eichengreen, Kevin Hoover, Charles Jones, Christina Romer and Joseph Stiglitz. Containing an extensive and up-to-date list of references, the book provides a comprehensive guide to the modern literature on macroeconomics and related fields. It will be an essential reference for all scholars and students of economics, especially those with an interest in economic growth, business cycles, inflation, unemployment, trade and globalisation. It will also be of considerable value to students of economic history and the history of economic thought.

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