The Handbook of Economic Growth provides a technical survey of the mechanisms that drive long-term prosperity. It organizes theories regarding endogenous growth, focusing specifically on how technological innovation, human capital accumulation, and institutional frameworks influence national income levels. The text details mathematical models for research and development-based growth and examines the empirical methods used to measure cross-country income convergence. Chapters evaluate physical geography, international trade patterns, and the legal foundations that permit or hinder industrial expansion, providing a comprehensive taxonomy of both neoclassical and modern growth scholarship.
This reference is designed for graduate students and academic researchers in macroeconomics who require a rigorous foundation in formal growth modeling. Readers use these volumes to identify gaps in current literature and to understand the specific econometric tools necessary for cross-country data analysis. It functions as a technical atlas for those building structural models of development or assessing the long-range impact of public policy on a nation’s productive capacity.
Deep, outward-looking and growth-minded; a demanding read.
Best for readers like The Systems Thinker. Which reader are you?
- Published
- 2005
- Publisher
- Elsevier
- ISBN
- 9780444520432
- Language
- EN
