Determinants of Economic Growth: A Cross-Country Empirical Study / Edition 1

Determinants of Economic Growth: A Cross-Country Empirical Study / Edition 1

by Robert J. Barro
     
 

Research on economic growth has exploded in the past decade. Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety of variables. Determinants of Economic Growth, based on Robert Barro's Lionel Robbins
Memorial Lectures, delivered at the London School of Economics in February 1996,

See more details below

Overview

Research on economic growth has exploded in the past decade. Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety of variables. Determinants of Economic Growth, based on Robert Barro's Lionel Robbins
Memorial Lectures, delivered at the London School of Economics in February 1996, summarizes this important literature.The book contains three essays. The first is a survey of the research on the determinants of long-run growth through the estimation of panels of cross-country data. The second essay details the interplay between growth and political freedom or democracy and finds some evidence of a nonlinear relationship. At low levels of political rights, an expansion of rights stimulates growth; however, once a moderate level of democracy has been obtained, a further expansion of rights reduces growth. The final essay looks at the connection between inflation and economic growth. Its basic finding is that higher inflation goes along with a lower rate of economic growth.

The MIT Press

Read More

Product Details

ISBN-13:
9780262522540
Publisher:
MIT Press
Publication date:
07/31/1998
Series:
Lionel Robbins Lectures
Edition description:
Reprint
Pages:
160
Sales rank:
1,115,578
Product dimensions:
5.37(w) x 8.00(h) x 0.50(d)
Age Range:
18 Years

Table of Contents

Foreword
Preface
1Economic Growth and Convergence1
2The Interplay between Economic and Political Development49
3Inflation and Growth89
Concluding Observations119
Notes121
References131
Index141

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >