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  • 1
    Book
    Book
    Handbook of economic growth; 1A (2005)
    Amsterdam [u.a.] : Elsevier
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    UID:
    b3kat_BV020873808
    Format: XXVIII, 1059, 46 S.
    Edition: 1. ed.
    ISBN: 9780444520418 , 0444520414
    Series Statement: Handbooks in economics 22[,1]
    In: 1,1
    Language: English
    URL: Inhaltsverzeichnis
    Author information: Aghion, Philippe 1956-
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  • 2
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    Handbook of economic growth (2005)
    Amsterdam [u.a.] : Elsevier
    Details
    UID:
    b3kat_BV040915791
    Format: 1 Online-Ressource
    ISBN: 9780444520418 , 9780444520432 , 9780444535467
    Series Statement: Handbooks in economics 22
    Note: Bd. 1 (2005)-Bd. 2 (2014) im Rahmen einer Nationallizenz (ZDB-1-HBE) verfügbar
    Language: English
    Keywords: Wachstumstheorie ; Technischer Fortschritt ; Wirtschaftswachstum ; Wachstumstheorie ; Wachstumspolitik ; Aufsatzsammlung
    URL: Volltext
    Author information: Aghion, Philippe 1956-
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  • 3
    Book
    Book
    Handbook of economic growth; Vol. 1A (2008)
    Amsterdam [u.a.] : Elsevier
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    UID:
    gbv_574856951
    Format: XXVIII, 1059, I-46 S. , graph. Darst.
    Edition: 1. ed., reprinted
    ISBN: 9780444520418
    Series Statement: Handbooks in economics 22
    Note: Enth. 15 Beitr. - Chapter 1 - 15. - Literaturangaben
    In: Vol. 1A
    Language: English
    Keywords: Handbuch
    Author information: Aghion, Philippe 1956-
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  • 4
    Online Resource
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    Handbook of economic growth; 1A (2005)
    Amsterdam : Elsevier
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    UID:
    gbv_1655602365
    Format: Online Ressource
    ISBN: 0080461131 , 9780080461137 , 9780444520418 , 0444520414 , 0444520414 , 0080461131
    Series Statement: Handbooks in economics 0169-7218 22
    Content: The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement. The Handbook of Economic Growth, edited by Philippe Aghion and Steven Durlauf, with an introduction by Robert Solow, features in-depth, authoritative survey articles by the leading economists working on growth theory
    Note: Includes bibliographical references and indexes. - Print version record , front cover; copyright; front matter; Introduction to the Series; Contents of the Handbook; Preface to the Handbook of Economic Growth; table of contents; body; INTRODUCTION: GROWTH IN RETROSPECT AND PROSPECT; Reflections on Growth Theory; PART I: THEORIES OF ECONOMIC GROWTH; 1 Neoclassical Models of Endogenous Growth: The Effects of Fiscal Policy, Innovation and Fluctuations; 2 Growth with Quality-Improving Innovations: An Integrated Framework; 3 Horizontal Innovation in the Theory of Growth and Development; 4 From Stagnation to Growth: Unified Growth Theory; 5 Poverty Traps , 6 Institutions as a Fundamental Cause of Long-Run Growth7 Growth Theory through the Lens of Development Economics; PART II: EMPIRICS OF ECONOMIC GROWTH; 8 Growth Econometrics; 9 Accounting for Cross-Country Income Differences; 10 Accounting for Growth in the Information Age; 11 Externalities and Growth; PART III: GROWTH POLICIES AND MECHANISM; 12 Finance and Growth: Theory and Evidence; 13 Human Capital and Technology Diffusion; 14 Growth Strategies; 15 National Policies and Economic Growth: A Reappraisal; index; Author Index; Subject Index; Handbooks in Economics
    In: 1A
    Additional Edition: ISBN 0444520414
    Additional Edition: ISBN 9780444520418
    Additional Edition: Erscheint auch als Druck-Ausgabe Handbook of economic growth. Volume 1A Amsterdam ; Boston : Elsevier, 2005 ISBN 0444520414
    Additional Edition: ISBN 9780444520418
    Language: English
    Keywords: Wachstumstheorie ; Technischer Fortschritt ; Electronic books ; Aufsatzsammlung
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: lizenzpflichtig
    Author information: Durlauf, Steven N.
    Author information: Aghion, Philippe 1956-
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  • 5
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    Chapter 5 Poverty Traps (2005)
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    UID:
    gbv_1831634910
    ISBN: 0080461131
    Content: This survey reviews models of self-reinforcing mechanisms that cause poverty to persist. Some of them examine market failure in environments where the neoclassical assumptions on markets and technology break down. Other mechanisms include institutional failure which can, by itself, perpetuate self-reinforcing poverty. A common thread in all these mechanisms is their adverse impact on the acquisition of physical or human capital, and on the adoption of modern technology. The survey also reviews recent progress in the empirical poverty trap literature.
    In: Handbook of economic growth ; 1A, Amsterdam : Elsevier, 2005, (2005), Seite 295-384, 0080461131
    In: 9780080461137
    In: 9780444520418
    In: 0444520414
    In: 0444520414
    In: 0080461131
    In: year:2005
    In: pages:295-384
    Language: English
    DOI: 10.1016/S1574-0684(05)01005-1
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 6
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    Chapter 8 Growth Econometrics (2005)
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    UID:
    gbv_1831634880
    ISBN: 0080461131
    Content: This paper provides a survey and synthesis of econometric tools that have been employed to study economic growth. While these tools range across a variety of statistical methods, they are united in the common goals of first, identifying interesting contemporaneous patterns in growth data and second, drawing inferences on long-run economic outcomes from cross-section and temporal variation in growth. We describe the main stylized facts that have motivated the development of growth econometrics, the major statistical tools that have been employed to provide structural explanations for these facts, and the primary statistical issues that arise in the study of growth data. An important aspect of the survey is attention to the limits that exist in drawing conclusions from growth data, limits that reflect model uncertainty and the general weakness of available data relative to the sorts of questions for which they are employed.
    In: Handbook of economic growth ; 1A, Amsterdam : Elsevier, 2005, (2005), Seite 555-677, 0080461131
    In: 9780080461137
    In: 9780444520418
    In: 0444520414
    In: 0444520414
    In: 0080461131
    In: year:2005
    In: pages:555-677
    Language: English
    DOI: 10.1016/S1574-0684(05)01008-7
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
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    Chapter 4 From Stagnation to Growth: Unified Growth Theory (2005)
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    UID:
    gbv_1831634929
    ISBN: 0080461131
    Content: The transition from stagnation to growth and the associated phenomenon of the great divergence have been the subject of an intensive research in the growth literature in recent years. The discrepancy between the predictions of exogenous and endogenous growth models and the process of development over most of human history, induced growth theorists to advance an alternative theory that would capture in a single unified framework the contemporary era of sustained economic growth, the epoch of Malthusian stagnation that had characterized most of the process of development, and the fundamental driving forces of the recent transition between these distinct regimes. The advancement of unified growth theory was fueled by the conviction that the understanding of the contemporary growth process would be limited and distorted unless growth theory would be based on micro-foundations that would reflect the qualitative aspects of the growth process in its entirety. In particular, the hurdles faced by less developed economies in reaching a state of sustained economic growth would remain obscured unless the origin of the transition of the currently developed economies into a state of sustained economic growth would be identified, and its implications would be modified to account for the additional economic forces faced by less developed economies in an interdependent world. Unified growth theory suggests that the transition from stagnation to growth is an inevitable outcome of the process of development. The inherent Malthusian interaction between the level of technology and the size and the composition of the population accelerated the pace of technological progress, and ultimately raised the importance of human capital in the production process. The rise in the demand for human capital in the second phase of industrialization, and its impact on the formation of human capital as well as on the onset of the demographic transition, brought about significant technological advancements along with a reduction in fertility rates and population growth, enabling economies to convert a larger share of the fruits of factor accumulation and technological progress into growth of income per capita, and paving the way for the emergence of sustained economic growth. Variations in the timing of the transition from stagnation to growth and thus in economic performance across countries reflect initial differences in geographical factors and historical accidents and their manifestation in variations in institutional, social, cultural, and political factors. In particular, once a technologically driven demand for human capital emerged in the second phase of industrialization, the prevalence of human capital promoting institutions determined the extensiveness of human capital formation, the timing of the demographic transition, and the pace of the transition from stagnation to growth.
    In: Handbook of economic growth ; 1A, Amsterdam : Elsevier, 2005, (2005), Seite 171-293, 0080461131
    In: 9780080461137
    In: 9780444520418
    In: 0444520414
    In: 0444520414
    In: 0080461131
    In: year:2005
    In: pages:171-293
    Language: English
    DOI: 10.1016/S1574-0684(05)01004-X
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 8
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    Chapter 9 Accounting for Cross-Country Income Differences (2005)
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    UID:
    gbv_1831634872
    ISBN: 0080461131
    Content: Why are some countries so much richer than others? Development Accounting is a first-pass attempt at organizing the answer around two proximate determinants: factors of production and efficiency. It answers the question “how much of the cross-country income variance can be attributed to differences in (physical and human) capital, and how much to differences in the efficiency with which capital is used?” Hence, it does for the cross-section what growth accounting does in the time series. The current consensus is that efficiency is at least as important as capital in explaining income differences. I survey the data and the basic methods that lead to this consensus, and explore several extensions. I argue that some of these extensions may lead to a reconsideration of the evidence.
    In: Handbook of economic growth ; 1A, Amsterdam : Elsevier, 2005, (2005), Seite 679-741, 0080461131
    In: 9780080461137
    In: 9780444520418
    In: 0444520414
    In: 0444520414
    In: 0080461131
    In: year:2005
    In: pages:679-741
    Language: English
    DOI: 10.1016/S1574-0684(05)01009-9
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
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    Chapter 6 Institutions as a Fundamental Cause of Long-Run Growth (2005)
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    UID:
    gbv_1831634902
    ISBN: 0080461131
    Content: This paper develops the empirical and theoretical case that differences in economic institutions are the fundamental cause of differences in economic development. We first document the empirical importance of institutions by focusing on two “quasi-natural experiments” in history, the division of Korea into two parts with very different economic institutions and the colonization of much of the world by European powers starting in the fifteenth century. We then develop the basic outline of a framework for thinking about why economic institutions differ across countries. Economic institutions determine the incentives of and the constraints on economic actors, and shape economic outcomes. As such, they are social decisions, chosen for their consequences. Because different groups and individuals typically benefit from different economic institutions, there is generally a conflict over these social choices, ultimately resolved in favor of groups with greater political power. The distribution of political power in society is in turn determined by political institutions and the distribution of resources. Political institutions allocate de jure political power, while groups with greater economic might typically possess greater de facto political power. We therefore view the appropriate theoretical framework as a dynamic one with political institutions and the distribution of resources as the state variables. These variables themselves change over time because prevailing economic institutions affect the distribution of resources, and because groups with de facto political power today strive to change political institutions in order to increase their de jure political power in the future. Economic institutions encouraging economic growth emerge when political institutions allocate power to groups with interests in broad-based property rights enforcement, when they create effective constraints on power-holders, and when there are relatively few rents to be captured by power-holders. We illustrate the assumptions, the workings and the implications of this framework using a number of historical examples.
    In: Handbook of economic growth ; 1A, Amsterdam : Elsevier, 2005, (2005), Seite 385-472, 0080461131
    In: 9780080461137
    In: 9780444520418
    In: 0444520414
    In: 0444520414
    In: 0080461131
    In: year:2005
    In: pages:385-472
    Language: English
    DOI: 10.1016/S1574-0684(05)01006-3
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 10
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    Chapter 10 Accounting for Growth in the Information Age (2005)
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    UID:
    gbv_1831634864
    ISBN: 0080461131
    Content: The “killer application” of the new framework for productivity measurement presented in this paper is the impact of information technology (IT) on economic growth. A consensus has emerged that the remarkable behavior of IT prices provides the key to the surge in U.S. economic growth after 1995. The relentless decline in the prices of information technology equipment and software has steadily enhanced the role of IT investment. Productivity growth in IT-producing industries has risen in importance and a productivity revival is underway in the rest of the economy. The surge of IT investment in the United States after 1995 has counterparts in all other industrialized countries. It is essential to use comparable data and methodology in order to provide rigorous international comparisons. A crucial role is played by measurements of IT prices. The U.S. national accounts have incorporated measures of IT prices that hold performance constant since 1985. Schreyer [Schreyer, Paul (2000), “The contribution of information and communication technology to output growth: A study of the G7 Countries”. Organization for Economic Co-operation and Development, Paris, May 23] has extended these measures to other industrialized countries by constructing “internationally harmonized prices”. The acceleration in the IT price decline in 1995 triggered a burst of IT investment in all of the G7 nations – Canada, France, Germany, Italy, Japan, the UK, as well as the U.S. These countries also experienced a rise in productivity growth in the IT-producing industries. However, differences in the relative importance of these industries have generated wide disparities in the impact of IT on economic growth. The role of the IT-producing industries is greatest in the U.S., which leads the G7 in output per capita.
    In: Handbook of economic growth ; 1A, Amsterdam : Elsevier, 2005, (2005), Seite 743-815, 0080461131
    In: 9780080461137
    In: 9780444520418
    In: 0444520414
    In: 0444520414
    In: 0080461131
    In: year:2005
    In: pages:743-815
    Language: English
    DOI: 10.1016/S1574-0684(05)01010-5
    URL: Volltext  (Deutschlandweit zugänglich)
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