The Greek Economy: Sources of Growth in the Postwar Era

The Greek Economy: Sources of Growth in the Postwar Era

by Persefon V. Tsaliki
ISBN-10:
0275937674
ISBN-13:
9780275937676
Pub. Date:
05/30/1991
Publisher:
Bloomsbury Academic
ISBN-10:
0275937674
ISBN-13:
9780275937676
Pub. Date:
05/30/1991
Publisher:
Bloomsbury Academic
The Greek Economy: Sources of Growth in the Postwar Era

The Greek Economy: Sources of Growth in the Postwar Era

by Persefon V. Tsaliki

Hardcover

$95.0
Current price is , Original price is $95.0. You
$95.00 
  • SHIP THIS ITEM
    Qualifies for Free Shipping
  • PICK UP IN STORE

    Your local store may have stock of this item.


Overview

Using the growth accounting model proposed by Edward F. Denison in the 1960s, this work analyzes the sources of growth in the postwar Greek economy. The Greek experience is contrasted with that of other countries, and general as well as country-specific causes for the recent slowdown in productivity growth are systematically analyzed. Tsaliki contrasts the 1950-1973 period, in which the growth of output was equally attributable to total input factor and output per unit, with the 1973-1985 period, in which growth of productivity became negative, and the contribution of capital diminished significantly while that of labor reached record high levels. Explanations for these patterns are proposed and compared with those of other countries.

The work begins with an introductory chapter that compares Greece's growth rate of output with that of other industrial nations and presents the structural characteristics of the postwar Greek economy. The following chapters then lay out the theoretical foundations of the author's model of the economy and present the income shares corresponding to factors of production, labor input, and adjustments needed to derive an accurate estimate of growth. Capital and its contribution to growth is examined by separating its different constituent components, and the importance of domestic, foreign, and public investment is analyzed. The contribution of land, dwellings, and international assets is also discussed, and the summary findings regarding the factors of contribution to the growth rate are thoroughly explained. The work concludes with analyses of various effects on the growth rate of output per unit of input, as well as comparisons of the Greek experience to the U.S. economy. This volume will be a useful tool for scholars and courses in international and economic development, economic policy and theory, and comparative economic systems. It will also serve as a valuable resource for public and academic library collections.


Product Details

ISBN-13: 9780275937676
Publisher: Bloomsbury Academic
Publication date: 05/30/1991
Series: Contributions in Comparative Colonial
Pages: 208
Product dimensions: 6.14(w) x 9.21(h) x 0.56(d)
Lexile: 1580L (what's this?)

About the Author

Persefoni V. Tsaliki is adjunct assistant professor of economics and statistics at the New York University. She received her PhD from the New School for Social Research.

Table of Contents

Preface
Introduction
The Model and the Scope of Analysis
Income Shares of Factors of Production
Labor Input: A Source of Growth
Labor Input Adjusted for Age and Sex Composition
Education and Growth
Capital Input: A Source of Growth
Land, Dwellings, and International Assets
Farming and Self-Employment
Growth Rate: Output/Input Effects
Postwar Greece: Productivity Breakdown
Bibliography
Index

From the B&N Reads Blog

Customer Reviews