Cover image for The mystery of economic growth
Title:
The mystery of economic growth
Personal Author:
Publication Information:
Cambridge, Mass. : Belknap Press of Harvard University Press, 2004.
Physical Description:
xii, 223 p. : ill. ; 22 cm.
ISBN:
9780674015722

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30000010240073 HD82 H435 2004 Open Access Book Gift Book
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Summary

Summary

The most comprehensive analysis of economic growth to date. The wide variety of relevant issues, from technological development through price and income causes and consequences to institutional changes.


Author Notes

Elhanan Helpman is Galen L. Stone Professor of International Trade at Harvard University and Archie Sherman Professor of International Economic Relations at Tel Aviv University.


Reviews 1

Choice Review

This survey of modern economic growth theory is designed to be accessible to a fairly broad, economically literate audience. It poses one of the world's most important questions: why do some nations grow while others do not, or do not grow as fast? Helpman (Harvard) systematically works his way through the main lines of theory and empirical studies in individual chapters that explain what is known about the pattern of economic growth and nongrowth, and he presents reasons rooted in differences in resource accumulation, productivity growth, innovation, international economic interdependence, inequality, and institutions and politics. There are many seemingly small points (theoretical and empirical conclusions that shed narrow but intense beams of light on the question) and one big point, which is that the mystery has not yet been solved. The book is extremely short (less than 150 pages of text on this huge topic), so it necessarily moves at near-warp speed, a pace that perhaps diminishes the impact of both the small points and the big one. All in all, however, this is a very useful reference. ^BSumming Up: Recommended. Upper-division undergraduates through faculty/researchers and professionals. M. Veseth University of Puget Sound


Table of Contents

Prefacep. ix
1. Backgroundp. 1
2. Accumulationp. 9
3. Productivityp. 19
4. Innovationp. 34
5. Interdependencep. 55
6. Inequalityp. 86
7. Institutions and Politicsp. 111
Glossaryp. 145
Notesp. 153
Referencesp. 185
Indexp. 209