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Economic Growth, Sala-i-Martin, Xavier,Barro, Robert J., 9780262024594
US $14,97
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- Compralo SubitoEconomic Growth, Sala-i-Martin, Xavier,Barro, Robert J., 9780262024594
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Numero oggetto eBay:236128238465
Specifiche dell'oggetto
- Condizione
- Book Title
- Economic Growth
- ISBN
- 9780262024594
Informazioni su questo prodotto
Product Identifiers
Publisher
MIT Press
ISBN-10
0262024594
ISBN-13
9780262024594
eBay Product ID (ePID)
27712
Product Key Features
Number of Pages
558 Pages
Language
English
Publication Name
Economic Growth
Publication Year
1998
Subject
Development / Economic Development, Economics / General
Type
Textbook
Subject Area
Business & Economics
Format
Hardcover
Dimensions
Item Height
1 in
Item Weight
29.6 Oz
Item Length
9.6 in
Item Width
6.5 in
Additional Product Features
Intended Audience
Scholarly & Professional
Dewey Edition
21
Illustrated
Yes
Dewey Decimal
338.9
Synopsis
Why do economies grow? What fixes the long-run rate of growth? These are some of the simplest, but also hardest, questions in economics. Growth of lack of it has huge consequences for a country's citizens. But for various reasons, growth theory has had long fallow patches. Happily, this is changing. In 1956 Robert Solow developed what became the standard neo-classical model of economic growth. Counties grow, on this theory, by accumulating labour and capital. Adding either obeys diminishing returns: the more labour or capital you already have, the more you need for a further given jump in output. One consequence is that an economy with less capital ought to outgrow one with more. Generally, they do. Another is that growth should eventually drop to zero. Awkwardly, it stays positive. To save the theory, long-run growth was explained by an outside factor, technical innovation, which is not in the growth function itself--hence the label exogenous for the Solow family of models. Partial as it was, the Solow model won wide acceptance and growth theory slumbered for three decades. Then came two changes. One was an attempt to add technical change and other factors to labour and capital within the growth function so that the model might predict long-run growth without leaning on outside residuals--the so-called endogenous approach. The other was a huge number of factual studies. Barro and Sala-i-Martin explain all this and more with admirable clarity (and much demanding maths) in the first modern textbook devoted to growth theory. The main theories are examined. The stress throughout is on linking theory to fact. One of three chapters on empirical work suggests how much each of several possible factors would be needed to explain differing international growth rate--not an explanation itself, but an indispensable set of empirical benchmarks. From The Economist, 17 February 1996, Why do economies grow? What fixes the long-run rate of growth? These are some of the simplest, but also hardest, questions in economics. Growth of lack of it has huge consequences for a country's citizens. But for various reasons, growth theory has had long fallow patches. Happily, this is changing. In 1956 Robert Solow developed what became the standard neo-classical model of economic growth. Counties grow, on this theory, by accumulating labour and capital. Adding either obeys diminishing returns: the more labour or capital you already have, the more you need for a further given jump in output. One consequence is that an economy with less capital ought to outgrow one with more. Generally, they do. Another is that growth should eventually drop to zero. Awkwardly, it stays positive. To save the theory, long-run growth was explained by an outside factor, technical innovation, which is not in the growth function itself--hence the label exogenous for the Solow family of models. Partial as it was, the Solow model won wide acceptance and growth theory slumbered for three decades. Then came two changes. One was an attempt to add technical change and other factors to labour and capital within the growth function so that the model might predict long-run growth without leaning on outside residuals--the so-called endogenous approach. The other was a huge number of factual studies. Barro and Sala-i-Martin explain all this and more with admirable clarity (and much demanding maths) in the first modern textbook devoted to growth theory. The main theories are examined. The stress throughout is on linking theory to fact. One of three chapters on empirical work suggests how much each of severalpossible factors would be needed to explain differing international growth rate--not an explanation itself, but an indispensable set of empirical benchmarks. From The Economist, 17 February 1996
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- e***v (126)- Feedback lasciato dall'acquirente.Ultimi 6 mesiAcquisto verificatoOverall, it went well. Good communication. I wanted the book to be shipped in a box, because the value and scarcity of the volume I purchased deserved it, however, the company is too large and I was informed the book would be shipped in a plastic mailer. Somehow it didn’t arrive very damaged, a little bump, but for the price I can’t complain. Over all I am satisfied, but if you’re a book collector, as I am, you may want to find another seller.Aurora: The Dayspring, or Dawning of the Day in the East, Boehme, Jacob, 9781558 (N° 236039083546)
- s***a (766)- Feedback lasciato dall'acquirente.Mese scorsoAcquisto verificatoThis company has been, in my experience, a mixed bag. This title was NOT worth the price because it came with highlighting, ink underlineing & writing in the margins...not the quality that they advertised. I have on other occasions gotten books in great condition, however, that were listed in less than the condition advertised so it goes both ways...but I'd much prefer a company that delivers exactly what they advertise. I guess good help is hard to find. The book was well packaged & came fast.
- a***a (14)- Feedback lasciato dall'acquirente.Ultimi 6 mesiAcquisto verificatoThe shipping was quicker than I expected and book condition was exactly as advertised! Price I paid also was fair and reasonable so I could purchase. The appearance of the book showed no indication of tear or damage and book was wrapped very good and tight. I recommend this seller for his best customer service!The Book of the Revelation: A Commentary Based on a Study of Twenty-Three Psychi (N° 335856777005)
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Feedback sul venditore (38.166)
- e***v (126)- Feedback lasciato dall'acquirente.Ultimi 6 mesiAcquisto verificatoOverall, it went well. Good communication. I wanted the book to be shipped in a box, because the value and scarcity of the volume I purchased deserved it, however, the company is too large and I was informed the book would be shipped in a plastic mailer. Somehow it didn’t arrive very damaged, a little bump, but for the price I can’t complain. Over all I am satisfied, but if you’re a book collector, as I am, you may want to find another seller.Aurora: The Dayspring, or Dawning of the Day in the East, Boehme, Jacob, 9781558 (N° 236039083546)
- s***a (766)- Feedback lasciato dall'acquirente.Mese scorsoAcquisto verificatoThis company has been, in my experience, a mixed bag. This title was NOT worth the price because it came with highlighting, ink underlineing & writing in the margins...not the quality that they advertised. I have on other occasions gotten books in great condition, however, that were listed in less than the condition advertised so it goes both ways...but I'd much prefer a company that delivers exactly what they advertise. I guess good help is hard to find. The book was well packaged & came fast.
- a***a (14)- Feedback lasciato dall'acquirente.Ultimi 6 mesiAcquisto verificatoThe shipping was quicker than I expected and book condition was exactly as advertised! Price I paid also was fair and reasonable so I could purchase. The appearance of the book showed no indication of tear or damage and book was wrapped very good and tight. I recommend this seller for his best customer service!The Book of the Revelation: A Commentary Based on a Study of Twenty-Three Psychi (N° 335856777005)