Lectures on Economic Growth by Lucas, Robert E., Jr.

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Item specifics

Condition
Good: A book that has been read but is in good condition. Very minimal damage to the cover including ...
Binding
Hardcover
Product Group
Book
Weight
1 lbs
IsTextBook
No
ISBN
9780674006270
Category

About this product

Product Identifiers

Publisher
Harvard University Press
ISBN-10
0674006275
ISBN-13
9780674006270
eBay Product ID (ePID)
108484278

Product Key Features

Book Title
Lectures on Economic Growth
Number of Pages
216 Pages
Language
English
Publication Year
2002
Topic
Economic History, Development / Economic Development, Economics / Theory
Illustrator
Yes
Genre
Business & Economics
Author
Robert E. Lucas
Format
Hardcover

Dimensions

Item Weight
16.4 Oz
Item Length
9.5 in
Item Width
6.5 in

Additional Product Features

Intended Audience
Trade
LCCN
2001-045263
Reviews
Lucas provides a lucid introduction and nontechnical summaries of his main ideas...A reader may even come to feel the excitement of Lucas's passionate quest for the solution to the mystery of growth...[This] book is an outstanding intellectual achievement...Lucas's discussion raises the question of what kind of public policies are needed for countries to break out of poverty., Robert Lucas is the most outstanding economic theorist of the late 20th century...The great merit of Lucas's models is that while they are mathematically rigorous, they are also very simple and transparent...As he takes up complications such as class, he still manages to derive elegant and lucid solutions...Lucas has now given a deeper meaning to new classical economics. This is a superb collection and will guide teaching as well as research for many years to come, as so much of Lucas's work already has done.
Dewey Edition
21
Dewey Decimal
338.9
Table Of Content
Acknowledgments Introduction 1. On the Mechanics of Economic Development 2. Why Doesn't Capital Flow from Rich to Poor Countries? 3. Making a Miracle 4. Some Macroeconomics for the Twenty-First Century 5. The Industrial Revolution: Past and Future References Index
Synopsis
In this book the Nobel Prize-winning economist Robert Lucas collects his writings on economic growth, from his seminal On the Mechanics of Economic Development to his previously unpublished 1997 Kuznets Lectures. The chapters progress from a general theory of how growth could be sustained and why growth rates might differ in different countries, to a model of exceptional growth in certain countries in the twentieth century, to an account of the take-off of growth in the Industrial Revolution, and finally to a prediction about patterns of growth in this new century. The framework in all the chapters is a model with accumulation of both physical and human capital, with emphasis on the external benefits of human capital through diffusion of new knowledge or on-the-job learning, often stimulated by trade. The Kuznets Lectures consider the interaction of human capital growth and the demographic transition in the early stages of industrialization. In the final chapter, Lucas uses a diffusion model to illustrate the possibility that the vast intersociety income inequality created in the course of the Industrial Revolution may have already reached its peak, and that income differences will decline in this century.
LC Classification Number
HD75.L824 2001

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