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Research on economic growth has exploded in the past decade. 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 Barros Lionel Robbins Memorial Lectures, delivered at the London School of Economics in February 1996, summarizes this important literature.The book contains three essays. The first is a survey of the research on the determinants of longrun growth through the estimation of panels of crosscountry 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.
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This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
I bought this thinking it would be more accessible, but it was quite technical and hard to understand at times. The empirical data is great for researchers, but as a casual reader, I felt lost. Wish it had more straightforward explanations.
C
Clara Zhang
Not What I Expected
I bought this thinking it would be more accessible, but it was quite technical and hard to understand at times. The empirical data is great for researchers, but as a casual reader, I felt lost. Wish it had more straightforward explanations.
A
Amina El-Sayed
Insightful Economic Analysis
This book by Lionel Robbins dives deep into the factors driving economic growth across different countries. The empirical studies presented are eye-opening, and it’s well-organized for those who want a solid understanding of economic dynamics. A must-read for economics students or enthusiasts!
A
Amina El-Sayed
Insightful Economic Analysis
This book by Lionel Robbins dives deep into the factors driving economic growth across different countries. The empirical studies presented are eye-opening, and it’s well-organized for those who want a solid understanding of economic dynamics. A must-read for economics students or enthusiasts!
J
John Smith
Good Content, Heavy Reading
While the subject matter is fascinating, I found some sections a bit dense and hard to follow. The insights are valuable, but it took me longer to get through than I expected. Still, if you're patient and interested in economics, this will be worth your time.
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