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1
Online Resource
Online Resource
Handbook of economic growth; 2 (2014)
Amsterdam : Elsevier
Details
UID:
gbv_1469516233
Format: Online Ressource
ISBN: 9780444535474 , 0444535470 , 9780444535467
Series Statement: Handbooks in economics 22
Content: "Volumes 2A and 2B of The Handbook of Economic Growth summarize recent advances in theoretical and empirical work while offering new perspectives on a range of growth mechanisms, from the roles played by institutions and organizations to the ways factors beyond capital accumulation and technological change can affect growth. Written by research leaders, the chapters summarize and evaluate recent advances while explaining where further research might be profitable. With analyses that are provocative and controversial because they are so directly relevant to public policy and private decision-making, these two volumes uphold the standard for excellence in applied economics set by Volumes 1A and 1B (2005)"--Publisher description
Note: Includes bibliographical references and indexes. - Online resource; title from volume 2A PDF title page (ebrary, viewed January 4, 2014)
In: 2
Additional Edition: ISBN 0444535462
Additional Edition: ISBN 0444535381
Additional Edition: ISBN 0444535403
Additional Edition: Print version Handbook of Economic Growth
Language: English
Keywords: Wachstumstheorie ; Electronic books ; Aufsatzsammlung
URL: Volltext  (Deutschlandweit zugänglich)
URL: Volltext  (Deutschlandweit zugänglich)
URL: lizenzpflichtig
Author information: Durlauf, Steven N.
Author information: Aghion, Philippe 1956-
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Stabi Berlin
UB Potsdam
Associated Volumes
  • 2
    Online Resource
    Online Resource
    Author Index (2014)
    Details
    UID:
    gbv_1831653338
    ISBN: 9780444535474
    In: Handbook of economic growth ; 2, Amsterdam : Elsevier, 2014, (2014), Seite 1-24, 9780444535474
    In: 0444535470
    In: 9780444535467
    In: year:2014
    In: pages:1-24
    Language: English
    DOI: 10.1016/B978-0-444-53538-2.00016-2
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    Online Resource
    Online Resource
    Chapter 1. Culture, Entrepreneurship, and Growth (2014)
    Details
    UID:
    gbv_1831653451
    ISBN: 9780444535474
    Content: We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship hinges on risk tolerance and patience. Parents expecting their children to become entrepreneurs have an incentive to instill these two values in their children. Cultural transmission is Beckerian, i.e. parents are driven by the desire to maximize their children’s happiness. We also consider, in an extension, a paternalistic motive for preference transmission. The growth rate of the economy depends on the fraction of the population choosing an entrepreneurial career. How many entrepreneurs there are in a society hinges, in turn, on parental investments in children’s patience and risk tolerance. There can be multiple balanced growth paths, where in faster-growing countries more people exhibit an “entrepreneurial spirit.” We discuss applications of models of endogenous preferences to the analysis of socio-economic transformations, such as the British Industrial Revolution. We also discuss empirical studies documenting the importance of culture and preference heterogeneity for economic growth.
    In: Handbook of economic growth ; 2, Amsterdam : Elsevier, 2014, (2014), Seite 1-48, 9780444535474
    In: 0444535470
    In: 9780444535467
    In: year:2014
    In: pages:1-48
    Language: English
    DOI: 10.1016/B978-0-444-53538-2.00001-0
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    Online Resource
    Online Resource
    Chapter 1. What Do We Learn From Schumpeterian Growth Theory? (2014)
    Details
    UID:
    gbv_1831653311
    ISBN: 9780444535474
    Content: Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on four important aspects, namely: (i) the role of competition and market structure; (ii) firm dynamics; (iii) the relationship between growth and development with the notion of appropriate growth institutions; and (iv) the emergence and impact of long-term technological waves. In each case, Schumpeterian growth theory delivers predictions that distinguish it from other growth models and which can be tested using micro data.
    In: Handbook of economic growth ; 2, Amsterdam : Elsevier, 2014, (2014), Seite 515-563, 9780444535474
    In: 0444535470
    In: 9780444535467
    In: year:2014
    In: pages:515-563
    Language: English
    DOI: 10.1016/B978-0-444-53540-5.00001-X
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    Online Resource
    Online Resource
    Chapter 2. Technology Diffusion: Measurement, Causes, and Consequences (2014)
    Details
    UID:
    gbv_1831653303
    ISBN: 9780444535474
    Content: This chapter discusses different approaches pursued to explore three broad questions related to technology diffusion: what general patterns characterize the diffusion of technologies, and how have they changed over time?; what are the key drivers of technology?; and what are the macroeconomic consequences of technology? We prioritize in our discussion unified approaches to these three questions that are based on direct measures of technology.
    In: Handbook of economic growth ; 2, Amsterdam : Elsevier, 2014, (2014), Seite 565-622, 9780444535474
    In: 0444535470
    In: 9780444535467
    In: year:2014
    In: pages:565-622
    Language: English
    DOI: 10.1016/B978-0-444-53540-5.00002-1
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 6
    Online Resource
    Online Resource
    Chapter 2. Trust, Growth, and Well-Being: New Evidence and Policy Implications (2014)
    Details
    UID:
    gbv_1831653443
    ISBN: 9780444535474
    Content: This survey reviews the recent research on trust, institutions, and economic development. It discusses the various measures of trust and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms that explain the influence of trust on economic performance and the methods employed to identify the causal impact of trust on economic performance are reviewed. We document the mechanisms of interactions between trust and economic development in the realms of finance, innovation, the organization of firms, the labor market, and the product market. The last part reviews recent progress to identify how institutions and policies can affect trust.
    In: Handbook of economic growth ; 2, Amsterdam : Elsevier, 2014, (2014), Seite 49-120, 9780444535474
    In: 0444535470
    In: 9780444535467
    In: year:2014
    In: pages:49-120
    Language: English
    DOI: 10.1016/B978-0-444-53538-2.00002-2
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
    Online Resource
    Online Resource
    Chapter 3. Health and Economic Growth (2014)
    Details
    UID:
    gbv_183165329X
    ISBN: 9780444535474
    Content: This chapter examines the relationship between health and economic growth. Across countries, income per capita is highly correlated with health, as measured by life expectancy or a number of other indicators. Within countries, there is also a correlation between people’s health and income. Finally, over time, the historical evolution of cross-country health differences has largely paralleled the evolution of income differences, with the exception that in the last half century the convergence of health has been much faster than the convergence of income. How are health and income related? Theoretically, there is good reason to believe that causality runs in both directions. Healthier individuals are more productive, learn more in school, and, because they live longer, face enhanced incentives to accumulate human capital. Similarly, higher income for individuals or countries improves health in a variety of ways, ranging from better nutrition to construction of public health infrastructure. Empirically, there is evidence for both of these causal channels being operative, but the magnitude of the effects is limited, at least as they apply to cross-sectional differences among countries or individuals. Apparently, other factors that simultaneously raise income and improve health outcomes, such as institutional quality (for countries) and human capital (for individuals), are responsible for a good deal of the observed health–income correlation. The final section of the chapter discusses measures of aggregate welfare that combine consumption and life expectancy.
    In: Handbook of economic growth ; 2, Amsterdam : Elsevier, 2014, (2014), Seite 623-682, 9780444535474
    In: 0444535470
    In: 9780444535467
    In: year:2014
    In: pages:623-682
    Language: English
    DOI: 10.1016/B978-0-444-53540-5.00003-3
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 8
    Online Resource
    Online Resource
    Chapter 3. Long-Term Barriers to Economic Development (2014)
    Details
    UID:
    gbv_1831653435
    ISBN: 9780444535474
    Content: What obstacles prevent the most productive technologies from spreading to less developed economies from the world’s technological frontier? In this paper, we seek to shed light on this question by quantifying the geographic and human barriers to the transmission of technologies. We argue that the intergenerational transmission of human traits, particularly culturally transmitted traits, has led to divergence between populations over the course of history. In turn, this divergence has introduced barriers to the diffusion of technologies across societies. We provide measures of historical and genealogical distances between populations, and document how such distances, relative to the world’s technological frontier, act as barriers to the diffusion of development and of specific innovations. We provide an interpretation of these results in the context of an emerging literature seeking to understand variation in economic development as the result of factors rooted deep in history.
    In: Handbook of economic growth ; 2, Amsterdam : Elsevier, 2014, (2014), Seite 121-176, 9780444535474
    In: 0444535470
    In: 9780444535467
    In: year:2014
    In: pages:121-176
    Language: English
    DOI: 10.1016/B978-0-444-53538-2.00003-4
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
    Online Resource
    Online Resource
    Chapter 4. Family Ties (2014)
    Details
    UID:
    gbv_1831653427
    ISBN: 9780444535474
    Content: We study the role of the most primitive institution in society: the family. Its organization and relationship between generations shape values formation, economic outcomes, and influences national institutions. We use a measure of family ties, constructed from the World Values Survey, to review and extend the literature on the effect of family ties on economic behavior and economic attitudes. We show that strong family ties are negatively correlated with generalized trust; they imply more household production and less participation in the labor market of women, young adult, and elderly. They are correlated with lower interest and participation in political activities and prefer labor market regulation and welfare systems based upon the family rather than the market or the government. Strong family ties may interfere with activities leading to faster growth, but they may provide relief from stress, support to family members, and increased well-being. We argue that the values regarding the strength of family relationships are very persistent over time, more so than institutions like labor market regulation or welfare systems.
    In: Handbook of economic growth ; 2, Amsterdam : Elsevier, 2014, (2014), Seite 177-215, 9780444535474
    In: 0444535470
    In: 9780444535467
    In: year:2014
    In: pages:177-215
    Language: English
    DOI: 10.1016/B978-0-444-53538-2.00004-6
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 10
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    Online Resource
    Chapter 4. Regional Growth and Regional Decline (2014)
    Details
    UID:
    gbv_1831653281
    ISBN: 9780444535474
    Content: Since the early 1990s, there has been a renaissance in the study of regional growth, spurred by new models, methods, and data. We survey a range of modeling traditions, and some formal approaches to the hard problem of regional economics; namely, the joint consideration of agglomeration and growth. We also review empirical methods and findings based on natural experiments, spatial discontinuity designs, and structural models. Throughout, we give considerable attention to regional growth in developing countries. Finally, we highlight the potential importance of processes that are specific to regional decline, and which deserve greater research attention.
    In: Handbook of economic growth ; 2, Amsterdam : Elsevier, 2014, (2014), Seite 683-779, 9780444535474
    In: 0444535470
    In: 9780444535467
    In: year:2014
    In: pages:683-779
    Language: English
    DOI: 10.1016/B978-0-444-53540-5.00004-5
    URL: Volltext  (Deutschlandweit zugänglich)
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