Why are some countries rich and others poor? David N. Weil, one of the top researchers in economic growth, introduces students to the latest theoretical tools, data, and insights underlying this pivotal question. By showing how empirical data relate to new and old theoretical ideas, Economic Growth provides students with a complete introduction to the discipline and the latest research.
With its comprehensive and flexible organization, Economic Growth is ideal for a wide array of courses, including undergraduate and graduate courses in economic growth, economic development, macro theory, applied econometrics, and development studies.
Part One: Overview 1. The Facts to be Explained 2. A Framework for Analysis Part Two: Factor Accumulation 3. Physical Capital 4. Population and Economic Growth 5. Future Population Trends 6. Human Capital Part Three: Productivity 7. Measuring Productivity 8. The Role of Technology in Growth 9. The Cutting Edge Of Technology 10. Efficiency 11. Growth In The Open Economy Part Four: Fundamentals 12.Government 13. Income Inequality 14. Culture 15. Geography, Climate, and Natural Resources 16. Resources and the Environment at the Global Level Part Five: Conclusion 17. What We Have Learned and Where We are Headed