Economic Growth, 2/e
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. By showing how empirical data relate to new and old theoretical ideas, Economic Growth provides students with a complete introduction to the discipline and the latest research.
Table of Content
Part I: Overview
- The Facts to Be Explained
- A Framework for Analysis
Part II. Factor Accumulation
- Physical Capital
- Population and Economic Growth
- Future Population Trends
- Human Capital
Part III. Productivity
- Measuring Productivity
- The Role of Technology in Growth
- The Cutting Edge of Technology
- Efficiency
- Growth in the Open Economy
Part IV. Fundamentals
- Government
- Income Inequality
- Culture
- Geography, Climate, and Natural Resources
- Resources and the Environment at the Global Level
Part V. Conclusion
- What We Have Learned and Where We Are Headed
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Salient Features
- A flexible organization allows coverage to be adapted to a wide array of courses including undergraduate and graduate courses in growth, development, macroeconomics, econometrics, or public policy.
- Data from a large cross-section of countries are used to motivate and illustrate the models presented in the book. Extensive use is made of results drawn from household and village-level data.
- A simple yet robust theoretical framework helps students to conceptualize how the different factors that affect growth fit together as part of the overall story.
- Extensive resources on the provide opportunities for practice and further study.
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