Description |
xii, 145 pages : illustrations ; 21 cm |
Series |
Lionel Robbins lectures |
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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.
|
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Economic policy -- Cross-cultural studies.
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LC no. |
96050235 |
ISBN |
0262024217 |
|
0262522543 |
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