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Books > Business & Economics > Economics > Macroeconomics
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Government and Growth (Hardcover)
Loot Price: R4,945
Discovery Miles 49 450
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Government and Growth (Hardcover)
Series: FIEF Studies in Labor Markets and Economic Policy
Expected to ship within 18 - 22 working days
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The sixth volume in the FIEF Studies in Labour Markets and Economic
Policy series is a contribution to the empirical literature on
endogenous growth theory, which studies the interrelationships of
institutions, government policies, distribution, and growth. After
an Introductory overview by the editor, the volume contains four
main chapters, each of which is followed by review comments:
Alesina and Perotti review recent literature on the political
economy of growth, and discuss such topics as the relationship
between income instability and growth, whether democratic
institutions and civil liberties influence growth performance, and
whether income inequality hampers growth or not. Hansson and
Henrekson study the tendency--predicted by neoclassical growth
theory--of per capita income and productivity to converge between
countries. They focus on the diffusion of technology and the
phenomenon of 'catching up', whereby poor countries copy the
production methods and possibily organizational methods in advanced
countries. Grier uses a similar neoclassical production-function
approach, but brings in some new explanatory factors for the growth
process, including union density, the existence
General
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