Title
Economic Growth, second edition (Mit Press),New
Delivery time: 8-12 business days (International)
The longawaited second edition of an important textbook on economic growtha major revision incorporating the most recent work on the subject.This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the longawaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from SolowSwan in the 1950s and CassKoopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of crosscountry growth regressions for this edition uses the new SummersHeston data set on world income distribution compiled through 2000.
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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What topics are covered in Economic Growth, second edition? A: The book covers a wide range of topics including neoclassical growth theories, endogenous growth theory, growth accounting, technological progress, and empirical analysis of economic growth across various countries from 1960 to 2000.
- Q: Who are the authors of this textbook? A: The authors of Economic Growth, second edition are Robert J. Barro and Xavier Sala-i-Martin, both renowned economists known for their contributions to growth theory.
- Q: What is the publication date of this edition? A: The second edition of Economic Growth was published on October 10, 2003.
- Q: How many pages does this book have? A: This textbook contains a total of 672 pages.
- Q: What is the binding type of the book? A: Economic Growth, second edition is available in hardcover binding, offering durability and a professional appearance.
- Q: Is this textbook suitable for undergraduate students? A: While the book is primarily designed for graduate-level studies, it can also be beneficial for advanced undergraduate students interested in economic growth theories.
- Q: What are the key features of the second edition? A: The second edition features major revisions, expanded discussions on heterogeneity of households, endogenous technological progress, and updated empirical analyses using the latest research and data.
- Q: Does the book include real-world applications of economic theories? A: Yes, the book emphasizes empirical implications and the relation of theory to data, providing real-world applications of economic growth theories throughout the text.
- Q: Is there a focus on any particular economic models? A: The book discusses several models including the Solow-Swan model, Cass-Koopmans model, and various endogenous growth models, highlighting their development and empirical relevance.
- Q: Can I find information about cross-country growth regressions in this edition? A: Yes, the updated treatment of cross-country growth regressions is included in this edition, utilizing the new Summers-Heston data set on world income distribution compiled through 2000.