Download EBOOK The Forces of Economic Growth: A Time Series Perspective PDF for free


Download EBOOK The Forces of Economic Growth: A Time Series Perspective PDF for free Category: Business, Finance & Law
The author of the book: Alfred Greiner
Format files: PDF, EPUB, TXT, DOCX
The size of the: 328 KB
Language: English
ISBN-13: 9780691119182
Edition: Princeton University Press
Date of issue: 2 January 2005

Description of the book "The Forces of Economic Growth: A Time Series Perspective":

In economics, the emergence of New Growth Theory in recent decades has directed attention to an old and important problem: what are the forces of economic growth and how can public policy enhance them? This book examines major forces of growth - including spillover effects and externalities, education and formation of human capital, knowledge creation through deliberate research efforts, and public infrastructure investment. Unique in emphasizing the importance of different forces for particular stages of development, it offers wide-ranging policy implications in the process. The authors critically examine recently developed endogenous growth models, study the dynamic implications of modified models, and PDF test the models empirically with modern time series methods that avoid the perils of heterogeneity in cross-country studies.Their empirical analyses, undertaken with newly constructed time series data for the United States and some core countries of the Euro zone, show that models containing scale effects, such as the R&D model and the human capital model, are compatible with time series evidence only after considerable modifications and nonlinearities are introduced. They also explore the relationship between growth and inequality, with particular focus on technological change and income disparity. "The Forces of Economic Growth" represents a comprehensive and ePub up-to-date empirical time series perspective on the New Growth Theory.

Download EBOOK The Forces of Economic Growth: A Time Series Perspective PDF for free


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Alfred Greiner

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Download EBOOK The Forces of Economic Growth: A Time Series Perspective PDF for free



Download EBOOK The Forces of Economic Growth: A Time Series Perspective for free

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