barro r j and x sala i martin 1995 economic growth pdf

Barro R J And X Sala I Martin 1995 Economic Growth Pdf

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Technological Diffusion, Convergence, and Growth

We construct a model that combines elements of endogenousgrowth with the convergence implications of the neoclassicalgrowth model. In the long run, the world growth rate is drivenby discoveries in the technologically leading economies. Followersconverge toward the leaders because copying is cheaper than innovationover some range. We discuss how countries are selected to be technologicalleaders, and we assess welfare implications. Poorly defined intellectualproperty rights imply that leaders have insufficient incentiveto invent and followers have excessive incentive to copy. This is a preview of subscription content, access via your institution. Rent this article via DeepDyve.

Archiv Sommer 2012

By Robert J. Barro and Xavier I. Why do economies grow? What fixes the long-run rate of growth? These are some of the simplest, but also hardest, questions in economics.

Economic growth : Robert J. Barro and Xavier Sala-i-Martin, (McGraw-Hill, 1995), 539 pp

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By Robert J. Barro and Xavier I. The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject.

Dozent : Prof. Thomas Steger Termin : Montag, Solow, R.

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4 Comments

  1. Semarias A.

    Economic growth: Robert J. Barro and Xavier Sala-i-Martin, (McGraw-Hill, ), pp. Author & abstract; Download; 2 References; Citations; Most related.

    27.11.2020 at 00:32 Reply
  2. Amaya N.

    Suggested Citation: Sala-i-Martin, Xavier X. (): The Classical Approach to Convergence Key Words: Convergence, Regional Economic Growth, Neoclassical Growth, Endogenous 7 See Barro and Sala-i-Martin,[, chapter 1] for a derivation of this result. rJ =a- [ln(yi,t--rJl(J-e·/ll'J(Jil') + "other variables".

    28.11.2020 at 02:28 Reply
  3. Alacoque G.

    Barro, R. J. and X. Sala-i-Martin. (). Economic Growth. New York, McGraw Hill. Google Scholar. Becker, G. S., and K. M. Murphy. (). “The Division of.

    30.11.2020 at 04:08 Reply
  4. Blakupsora

    Barro and Sala-i-Martin () explore these theories and also discuss extensions growth theory is the two-way interplay between health and economic growth. the exogenous baseline level of technology, and x ≥ 0 is the exogenous rate.

    05.12.2020 at 02:19 Reply

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