Toward a Microeconomics of Growth

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Publisher :
ISBN 13 :
Total Pages : 98 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Toward a Microeconomics of Growth by : Robin Burgess

Download or read book Toward a Microeconomics of Growth written by Robin Burgess and published by . This book was released on 2004 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Towards a Microeconomics of Growth

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Publisher :
ISBN 13 : 9780780370050
Total Pages : 50 pages
Book Rating : 4.3/5 (7 download)

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Book Synopsis Towards a Microeconomics of Growth by : Robin Burgess

Download or read book Towards a Microeconomics of Growth written by Robin Burgess and published by . This book was released on 2004 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Introduction to Economic Growth

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Publisher : W. W. Norton
ISBN 13 : 9780393971743
Total Pages : 200 pages
Book Rating : 4.9/5 (717 download)

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Book Synopsis Introduction to Economic Growth by : Charles Irving Jones

Download or read book Introduction to Economic Growth written by Charles Irving Jones and published by W. W. Norton. This book was released on 1998 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining empirical evidence such as how rich are the rich countries, how poor are the poor, and how fast do rich and poor countries grow, noted economist Charles Jones presents major theories of economic growth, from the Nobel Prize-winning work of Robert Solow to new growth theory that has ignited the field in recent years.

Toward a Microeconomics of Growth

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Publisher :
ISBN 13 :
Total Pages : 59 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Toward a Microeconomics of Growth by : Robin Burgess

Download or read book Toward a Microeconomics of Growth written by Robin Burgess and published by . This book was released on 2016 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: What drives growth at the microeconomic level? Burgess and Venables divide the factors that determine a location's growth performance into two groups, 1st advantage and 2nd advantage. The term 1st advantage refers to the conditions that provide the environment in which new activities can be profitably developed, including most of the factors on which traditional theory has focused, such as access to inputs (labor and capital), access to markets, provision of basic infrastructure, and the institutional environment. The term 2nd advantage refers to factors that increase returns to scale and can lead to cumulative causation processes. They may be acquired by learning, through technological spillovers, or by the development of thick markets of suppliers and local skills.The authors' analysis suggests that empirical investigation of the drivers of growth must shift down to a more microeconomic level. Such an analysis has become more feasible as data at the subnational level have become more available. By viewing recent empirical evidence on drivers of growth through their analytical framework, the authors are able to begin to sketch out a microeconomic agenda for growth. They emphasize that it is the manner in which 1st and 2nd advantages interact that shapes the pattern of development.The authors then turn to the example of how policy has affected manufacturing growth performance in India. They analyze links between the direction of state-level labor regulation and growth in the organized manufacturing sector, how state-led expansion of bank branches into rural areas has affected unregistered or informal manufacturing, and how the pre-reform technological capability of industries affected their response to liberalization in 1991.The analysis suggests that policy choices at the local level affect growth. Both theory and empirics need to downshift to the microeconomic level if we are to make advances in identifying specific means of encouraging innovation and growth.This paper is a product of Partnerships, Capacity Building, Development Economics Senior Vice Presidency.

Toward a Just Society

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Publisher : Columbia University Press
ISBN 13 : 0231546807
Total Pages : 548 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Toward a Just Society by : Martin Guzman

Download or read book Toward a Just Society written by Martin Guzman and published by Columbia University Press. This book was released on 2018-08-28 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joseph Stiglitz is one of the world’s greatest economists. He has made fundamental contributions to economic theory in areas such as inequality, the implications of imperfect and asymmetric information, and competition, and he has been a major figure in policy making, a leading public intellectual, and a remarkably influential teacher and mentor. This collection of essays influenced by Stiglitz’s work celebrates his career as a scholar and teacher and his aspiration to put economic knowledge in the service of creating a fairer world. Toward a Just Society brings together a range of essays whose breadth reflects how Stiglitz has shaped modern economics. The contributions to this volume, all penned by high-profile authors who have been guided by or collaborated with Stiglitz over the last five decades, span microeconomics, macroeconomics, inequality, development, law and economics, and public policy. Touching on many of the central debates and discoveries of the field and providing insights on the directions that academic economics could take in the future, Toward a Just Society is an extraordinary celebration of the many paths Stiglitz has opened for economics, politics, and public life.

Toward a Microeconomics of Growth

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis Toward a Microeconomics of Growth by : Robin Burgess

Download or read book Toward a Microeconomics of Growth written by Robin Burgess and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: What drives growth at the microeconomic level? The authors divide the factors that determine a location's growth performance into two groups, "1st advantage" and "2nd advantage." The term 1st advantage refers to the conditions that provide the environment in which new activities can be profitably developed, including most of the factors on which traditional theory has focused, such as access to inputs (labor and capital), access to markets, provision of basic infrastructure, and the institutional environment. The term 2nd advantage refers to factors that increase returns to scale and can lead to cumulative causation processes. They may be acquired by learning, through technological spillovers, or by the development of thick markets of suppliers and local skills. The authors' analysis suggests that empirical investigation of the drivers of growth must shift down to a more microeconomic level. Such an analysis has become more feasible as data at the subnational level have become more available. By viewing recent empirical evidence on drivers of growth through their analytical framework, the authors are able to begin to sketch out a microeconomic agenda for growth. They emphasize that it is the manner in which 1st and 2nd advantages interact that shapes the pattern of development. The authors then turn to the example of how policy has affected manufacturing growth performance in India. They analyze links between the direction of state-level labor regulation and growth in the organized manufacturing sector, how state-led expansion of bank branches into rural areas has affected unregistered or informal manufacturing, and how the pre-reform technological capability of industries affected their response to liberalization in 1991. The analysis suggests that policy choices at the local level affect growth. Both theory and empirics need to downshift to the microeconomic level if we are to make advances in identifying specific means of encouraging innovation and growth.

Prosperity without Growth

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Publisher : Taylor & Francis
ISBN 13 : 1317388224
Total Pages : 351 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Prosperity without Growth by : Tim Jackson

Download or read book Prosperity without Growth written by Tim Jackson and published by Taylor & Francis. This book was released on 2016-12-08 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: What can prosperity possibly mean in a world of environmental and social limits? The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson’s piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions. This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a ‘post-growth’ economy is a precise, definable and meaningful task. Starting from clear first principles, he sets out the dimensions of that task: the nature of enterprise; the quality of our working lives; the structure of investment; and the role of the money supply. He shows how the economy of tomorrow may be transformed in ways that protect employment, facilitate social investment, reduce inequality and deliver both ecological and financial stability. Seven years after it was first published, Prosperity without Growth is no longer a radical narrative whispered by a marginal fringe, but an essential vision of social progress in a post-crisis world. Fulfilling that vision is simply the most urgent task of our times.

Economics of Development

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Publisher : SAGE Publications Pvt. Limited
ISBN 13 : 9789353282950
Total Pages : 0 pages
Book Rating : 4.2/5 (829 download)

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Book Synopsis Economics of Development by : Syed Nawab Haider Naqvi

Download or read book Economics of Development written by Syed Nawab Haider Naqvi and published by SAGE Publications Pvt. Limited. This book was released on 2019-08-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second, revised and updated, edition of Economics of Development: Toward Inclusive Growth continues to focus on the argument that rather than concentrating on growth, income distribution, and poverty reduction separately, the basic objective of development policies should be to achieve inclusive growth. This book looks at the issues of development in comparative light, and investigates and analyzes successful and unsuccessful policies implemented by developing economies. A result of decades of research and years of experience in policy formulation and implementation, the textbook lucidly elaborates upon the origin and progress of development revolution, the liberalist model, and the human development approach to inclusive growth. Key Features • The change in nature of world capitalism and its implications for growth possibilities of the developing countries. • The enlarged scope of globalization (essentially an international extension of capitalism) at the cost of the vital interests of the developing countries. • The “behavioral economics revolution” involving introduction of psychology in economics, which challenges the assumption of rationality in economic thinking.

Economic Growth and Development

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Publisher : Springer
ISBN 13 : 3319897551
Total Pages : 356 pages
Book Rating : 4.3/5 (198 download)

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Book Synopsis Economic Growth and Development by : Sibabrata Das

Download or read book Economic Growth and Development written by Sibabrata Das and published by Springer. This book was released on 2018-08-16 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach. Towards this end, the authors augment the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation, creating a single two-sector model of structural transformation. Based on applied research and practical experiences in macroeconomic development, the model in this book presents a more rigorous, quantifiable, and explicitly dynamic dual economy approach to development. Common microeconomic foundations and notation are used throughout, with each chapter building on the previous material in a continuous flow. Revised and updated to include more exercises for guided self study, as well as a technical appendix covering required mathematical topics beyond calculus, the second edition is appropriate for both upper undergraduate and graduate students studying development economics and macroeconomics.

Bridging Microeconomics and Macroeconomics and the Effects on Economic Development and Growth

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Publisher : IGI Global
ISBN 13 : 1799849341
Total Pages : 340 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Bridging Microeconomics and Macroeconomics and the Effects on Economic Development and Growth by : Kostis, Pantelis C.

Download or read book Bridging Microeconomics and Macroeconomics and the Effects on Economic Development and Growth written by Kostis, Pantelis C. and published by IGI Global. This book was released on 2020-10-30 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the mainstream microeconomic and macroeconomic analysis was proven to be insufficient for exploring the dynamic and complex interactions among humans, institutions, and nature in our real economy. On the one side, microeconomics is filled with black-box models that fail to study the actual contractual relations between firms and markets, while on the other side macroeconomics were proven useless because they mistook the beauty of theoretical models for truth. Thus, questions have arisen about using new theoretical and empirical structures that would better describe our economic systems. Bridging Microeconomics and Macroeconomics and the Effects on Economic Development and Growth is an essential reference source that analyzes the hypotheses that govern the relationships of aggregate structures (macroeconomic analysis) that may be compatible with the assumptions that govern the behavior of individuals, households, and firms (micro analysis), and vice versa, in trying to achieve sustainable economic development and growth. Moreover, modern evolutionary growth thinking is used in trying to bridge the inconsistencies between microeconomics and macroeconomics and confront their failures in order to better describe the economic reality. While highlighting a broad range of topics including globalization, economic systems, and the role of institutions, this book is aimed toward economic analysts, financial advisors, policymakers, researchers, academicians, and students.

Epistemics of Development Economics

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Publisher : Praeger
ISBN 13 : 9780313295133
Total Pages : 222 pages
Book Rating : 4.2/5 (951 download)

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Book Synopsis Epistemics of Development Economics by : Kofi Kissi Dompere

Download or read book Epistemics of Development Economics written by Kofi Kissi Dompere and published by Praeger. This book was released on 1995 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effective use of development economic theories in practice is limited, the authors contend, by the lack of explicit criterion for judging their scientific content. The directional progress of critical research and teaching is also constrained by this deficiency. This study advances a meta-theory designed to assist in evaluating the scientific validity of theories in economic development and how these theories can be improved to assist social practice. Using this model, the study then examines existing theories, dividing them into explanatory and prescriptive theories. The explanatory theories include the stage-based theories of Marx, Schumpeter, and Rostow, and factor-based theories, including capital-based, human-capital-based, and technology-based theories. The prescriptive theories include explanatory-theory-based prescriptions, interventionist prescriptive theories, and theories of economic planning. In conclusion, the authors contend that modern analysis of development economics is plagued with logical ills, misleading notions, and a weak theoretical structure that lacks scientific appeal. Most of the theories, except for those of Marx and Schumpeter, neglect an analysis of the mechanism of change.

Toward a Micreoeconomics of Growth

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Author :
Publisher : World Bank Publications
ISBN 13 : 2004050411
Total Pages : 59 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Toward a Micreoeconomics of Growth by :

Download or read book Toward a Micreoeconomics of Growth written by and published by World Bank Publications. This book was released on with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics and Development Studies

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Author :
Publisher : Routledge
ISBN 13 : 1136938745
Total Pages : 311 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis Economics and Development Studies by : Michael Tribe

Download or read book Economics and Development Studies written by Michael Tribe and published by Routledge. This book was released on 2010-09-13 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics and Development Studies synthesises existing development economics literature, much of it very contemporary, in order to identify the salient issues and controversies and to make them accessible and understandable.

Economic Growth and Development

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Author :
Publisher : Springer
ISBN 13 : 9783031643576
Total Pages : 0 pages
Book Rating : 4.6/5 (435 download)

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Book Synopsis Economic Growth and Development by : Sibabrata Das

Download or read book Economic Growth and Development written by Sibabrata Das and published by Springer. This book was released on 2025-10-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised and updated for the third edition, this text is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach. Towards this end, the authors augment the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation, creating a single two-sector model of structural transformation. Based on applied research and practical experiences in macroeconomic development, the model in this book presents a more rigorous, quantifiable, andexplicitly dynamic dual economy approach to development. Common microeconomic foundations and notation are used throughout, with each chapter building on the previous material in a continuous flow. The updated third edition includes two completely new chapters on government debt and growth slowdowns, topics that will be useful for undergraduate and graduate students studying development economics and macroeconomics.

A General Theory of Economic Development

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1785367994
Total Pages : 317 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis A General Theory of Economic Development by : Sung-Hee Jwa

Download or read book A General Theory of Economic Development written by Sung-Hee Jwa and published by Edward Elgar Publishing. This book was released on 2017-06-30 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes the bold attempt at proposing a new general theory of economic development. The main premise is that economic institutions and policies must embody ‘economic discrimination’ if there is to be any chance of real economic development. By economic discrimination, the author means ‘treating differences differently’ by selecting and supporting economic entities and behaviour that contribute positively to the economy. The book identifies markets, government and corporations as the ‘holy trinity of economic development’, that is, the three most important institutions that must work together via economic discrimination to steer the economy towards real transformative progress. The book also warns against the current trend of economic egalitarianism or ‘not treating differences differently’ because it destroys economic incentives and results in an array of economic problems including growth stagnation.

The Process of Economic Development

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Publisher : Routledge
ISBN 13 : 1136168273
Total Pages : 863 pages
Book Rating : 4.1/5 (361 download)

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Book Synopsis The Process of Economic Development by : James M. Cypher

Download or read book The Process of Economic Development written by James M. Cypher and published by Routledge. This book was released on 2014-04-24 with total page 863 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fourth edition of The Process of Economic Development offers a thorough and up-to-date treatment of development economics. This landmark text will continue to be an invaluable resource for students, teachers and researchers in the fields of development economics and development studies. The new edition has been revised and updated throughout, reflecting the most recent developments in research and incorporating the latest empirical data, as well as key theoretical advances. The period since the publication of the third edition of The Process of Economic Development has been a time of immense change in the developing world. The period has seen huge economic growth in China, economic restructuring in India and the continuing impact of environmental issues such as climate change. The fourth edition reflects these developments, as well as including numerous case studies and new material on the following: transnational corporations and labor in export processing zones industrial policy and structural change gender inequality, income distribution and development progress towards the Millennium Development Goals technology and national innovation systems aid and the least developed nations the post debt crisis era and debt relief for Africa. Cypher’s comprehensive account remains the development economics text par excellence, as it takes a much more practical, hands-on view of the issues facing developing countries than other, overly mathematical texts. This book is unique in its scope and in the detailed attention it gives to the historical contexts that have influenced progress toward development. It is accessibly written both for students of economics and for those with an interest in the many aspects of development studies.

Poor Economics

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Publisher : PublicAffairs
ISBN 13 : 1610391608
Total Pages : 321 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis Poor Economics by : Abhijit V. Banerjee

Download or read book Poor Economics written by Abhijit V. Banerjee and published by PublicAffairs. This book was released on 2012-03-27 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The winners of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live. Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called "marvelous, rewarding" by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.