Title:	Economic Growth
Authors:	Robert J. Barro Xavier Sala-i-Martin
Keywords:	Development
Issue Date:	2004
Publisher:	The MIT Press
Description:	Economists have, in some sense, always known that growth is important. Yet, at the core of the discipline, the study of economic growth languished after the late 1960s. Then, after a lapse of two decades, this research became vigorous again in the late 1980s. The new research began with models of the determination of long-run growth, an area that is now called endogenous growth theory. Other recent research extended the older, neoclassical growth model, especially to bring out the empirical implications for convergence across economies. This book combines new results with expositions of the main research that appeared from the 1950s through the beginning of the 2000s. The discussion stresses the empirical implications of the theories and the relation of these hypotheses to data and evidence. This combination of theory and empirical work is the most exciting aspect of ongoing research on economic growth.
URI:	http://10.6.20.12:80/handle/123456789/27891
ISBN:	0-262-02553-1
Appears in Collections:	Regional and Local Development Studies

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