STEVEN N. DURLAUF is the Kenneth J. Arrow Professor of Economics at the University of Wisconsin at Madison, USA. He has served as Co-Director of the Economics Program of the Santa Fe Institute and is currently a Research Associate of the National Bureau of Economic Research. A Fellow of the Econometric Society, Durlauf's research covers a range of topics in macroeconomics, econometrics, and income inequality. He received a BA in Economics from Harvard in 1980 and his PhD in Economics from Yale in 1986.
LAWRENCE E BLUME is Goldwin Smith Professor of Economics at Cornell University, USA. He is a member of the external faculty at the Santa Fe Institute, where he has served as Co-Director of the Economics Program and on the Institute's steering committee. He teaches and conducts research in general equilibrium theory and game theory, and also has research projects on natural resource management and network design. A Fellow of the Econometric Society, he received an AB in Economics from Washington University and a PhD in Economics from Berkeley.
List of Contributors
p. vii
General Preface
p. ix
Introduction
p. x
balanced growth
p. 1
biased and unbiased technological change
p. 5
classical economics and economic growth
p. 9
convergence
p. 16
creative destruction
p. 24
Easterlin hypothesis
p. 30
economic growth
p. 38
economic growth, empirical regularities in
p. 51
economic growth in the very long run
p. 57
endogenous growth theory
p. 68
general purpose technologies
p. 74
globalization
p. 80
growth accounting
p. 91
growth and cycles
p. 97
growth and inequality (macro perspectives)
p. 102
growth and institutions
p. 107
growth and international trade
p. 116
growth and learning-by-doing
p. 124
growth models, multisector
p. 127
growth take-offs
p. 133
human capital, fertility and growth
p. 141
Industrial Revolution
p. 148
inequality (global)
p. 161
neoclassical growth theory
p. 172
neoclassical growth theory (new perspectives)
p. 193
new economic geography
p. 207
poverty traps
p. 215
religion and economic development
p. 222
Schumpeterian growth and growth policy design
p. 229
technical change
p. 237
technology
p. 249
total factor productivity
p. 260
urban growth
p. 264
Index
p. 270
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