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Book Cover
Book
Author Barro, Robert J.

Title Determinants of economic growth : a cross-country empirical study / Robert J. Barro
Published Cambridge, Mass. : The MIT Press, [1997]
©1997

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Location Call no. Vol. Availability
 MELB  338.9 Bar/Doe  AVAILABLE
Description xii, 145 pages : illustrations ; 21 cm
Series Lionel Robbins lectures
Lionel Robbins lectures.
Contents Foreword / Richard Layard -- 1. Economic Growth and Convergence -- 2. The Interplay between Economic and Political Development -- 3. Inflation and Growth
Summary The book contains three essays. The first is a survey of the research on the determinants of long-term growth through the estimation of panels of cross-country data. The second essay details the interplay between growth and political freedom or democracy and finds some evidence of a nonlinear relationship. At low levels of political rights, an expansion of rights stimulates growth; however, once a moderate level of democracy has been obtained, a further expansion of rights reduces growth. The final essay looks at the connection between inflation and economic growth. Its basic finding is that higher inflation goes along with a lower rate of economic growth
Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety of variables. Determinants of Economic Growth, based on Robert Barro's Lionel Robbins Memorial Lectures, delivered at the London School of Economics in February 1996, summarizes this important literature
Notes Bibliography: p131-139. - Includes index
Bibliography Includes bibliographical references (pages [131]-139) and index
Subject Economic development -- Cross-cultural studies.
Economic policy -- Cross-cultural studies.
LC no. 96050235
ISBN 0262024217
0262522543