Barriers To Riches

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Barriers to Riches

Author : Stephen L. Parente,Edward C. Prescott
Publisher : MIT Press
Page : 188 pages
File Size : 44,6 Mb
Release : 2002-01-25
Category : Business & Economics
ISBN : 0262264080

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Barriers to Riches by Stephen L. Parente,Edward C. Prescott Pdf

Why isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches, Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries erect barriers to the efficient use of readily available technology. The purpose of these barriers is to protect industry insiders with vested interests in current production processes from outside competition. Were this protection stopped, rapid TFP growth would follow in the poor countries, and the whole world would soon be rich. Barriers to Riches reflects a decade of research by the authors on this question. Like other books on the subject, it makes use of historical examples and industry studies to illuminate potential explanations for income differences. Unlike these other books, however, it uses aggregate data and general equilibrium models to evaluate the plausibility of alternative explanations. The result of this approach is the most complete and coherent treatment of the subject to date.

The Art of Wealth

Author : Baron Alexander Deschauer
Publisher : FriesenPress
Page : 124 pages
File Size : 42,7 Mb
Release : 2016-02-24
Category : Electronic
ISBN : 9781460281499

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The Art of Wealth by Baron Alexander Deschauer Pdf

Becoming rich or, better yet, wealthy requires a certain mind-set. Becoming wealthy is fairly straight forward-theoretically. In practice, there are hurdles that most of us don't even see. These are the barriers to entry that allow many in society to claim that opportunity exists for all of us-but in reality are closed to most of us. The first thing in overcoming these barriers is to be able to learn how to see the barriers. Once you learn to see, you will be able to overcome. This book sets out in short stories and narratives the secrets to developing the mind-set of the wealthy. It will provide you with the tried and tested truths behind accumulating riches and wealth.

Breaking the Money Barriers

Author : Michael J. Duckett
Publisher : Unknown
Page : 0 pages
File Size : 49,9 Mb
Release : 2006-12
Category : Money
ISBN : 0874260663

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Breaking the Money Barriers by Michael J. Duckett Pdf

Long-Run Growth Forecasting

Author : Stefan Bergheim
Publisher : Springer Science & Business Media
Page : 189 pages
File Size : 50,6 Mb
Release : 2008-03-29
Category : Business & Economics
ISBN : 9783540776802

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Long-Run Growth Forecasting by Stefan Bergheim Pdf

This book explores how to set up an empirical model that helps with forecasting long-term economic growth. GDP forecasts for the years 2006 to 2020 for 40 countries are derived in a transparent way. Offering a systematic approach to models of potential GDP that can also be used for forecasts of more than a decade it fills the wide gap between the high demand for such models by banks, international organizations, and governments on the one hand and the limited supply on the other hand. Frequent forecast failures in the past (e.g. Japan 1990, Asia 1997) and the heavy economic losses they produced motivated the work. The book assesses the large number of theories of economic growth, the drivers of economic growth, the available datasets and the empirical methods on offer. A preference is shown for evolutionary models and an augmented Kaldor model. The book uses non-stationary panel techniques to find pair-wise cointegration among GDP per capita and its main correlates.

Handbook of Economic Growth

Author : Philippe Aghion,Steven N. Durlauf
Publisher : Elsevier
Page : 839 pages
File Size : 53,5 Mb
Release : 2005-12-21
Category : Business & Economics
ISBN : 9780444520432

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Handbook of Economic Growth by Philippe Aghion,Steven N. Durlauf Pdf

Featuring survey articles by leading economists working on growth theory, this two-volume set covers theories of economic growth, the empirics of economic growth, and growth policies and mechanisms. It also covers technology, trade and geography, and growth and socio-economic development.

The Triumph of the Flexible Society

Author : Manuel Hinds
Publisher : Bloomsbury Publishing USA
Page : 222 pages
File Size : 51,7 Mb
Release : 2003-11-30
Category : Political Science
ISBN : 9780313057700

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The Triumph of the Flexible Society by Manuel Hinds Pdf

Hinds takes offers a fresh perspective on the social, political, and economic disturbances now affecting our world. This book looks at those disturbances not as separate problems, but rather as the coherent symptoms of a deep technological revolution that is changing the shape of society on the scale of the Industrial Revolution: the Connectivity Revolution, the basis of the New Economy. Analyzing the resistance to change that erupted violently in response to that last major economic upheaval, Hinds shows how Communism, Nazism, and fundamentalism owe their triumphs not to the prevalence of poverty or oppression but to the rigidity of societies threatened by profound social changes prompted by rapid technological progress. Demonstrating that their rigidity was caused by the same kind of state intervention in the economy that is now being proposed to stop globalization, he argues persuasively that only a horizontal, flexible society can smoothly manage change in such a way that the pain of transformation—and therefore, the risk of giving birth to new varieties of destructive regimes—is minimized.

Innovation Policies, Business Creation and Economic Development

Author : Neslihan Aydogan
Publisher : Springer Science & Business Media
Page : 296 pages
File Size : 50,5 Mb
Release : 2008-11-13
Category : Business & Economics
ISBN : 9780387799766

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Innovation Policies, Business Creation and Economic Development by Neslihan Aydogan Pdf

It is now apparent to many scholars and practitioners that research and development activities and innovation are the pathways to sustainable economic growth. One also recognizes that delving into a topic as such is rather challenging as it is a multidimensional task. We have learned quite a bit on the innovation-growth relationship of the dev- oped countries based on the extensive research on the topic. However, we are yet to understand the very same process for the developing countries where the challenges are expected to be paramount. There obviously is few empirical and theoretical discussion on this topic. This book dares to provide a succinct discussion on a wide array of issues on the innovation and growth relationship for the developing countries. The book starts off by providing the reader with a promising - ternative to endogenous growth models that entails understanding the effect of variables, such as technological change on growth in cons- erable detail. The next step in the book involves a thorough analysis of economic growth models and how the investment climate affects innovationand entrepreneurship and hence economic growth. Against this background is examined the context of the telecommunications industry in Turkey. Following this, we delve into understanding the radical versusincremental innovationactivities,where itis argued that developing nations are more likely to engage in radical innovation, whereas developing nations are engaged in incremental innovation.

Chinese Macroeconomy

Author : Ninghua Sun
Publisher : Taylor & Francis
Page : 249 pages
File Size : 42,8 Mb
Release : 2022-10-17
Category : Business & Economics
ISBN : 9781000618051

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Chinese Macroeconomy by Ninghua Sun Pdf

This book deploys quantitative methods to focus on the operation of the Chinese economy as a whole since the reforms in 1978, by combining a range of mathematical, algorithmic and computational methods to analyze rich empirical data, seeking to demonstrate the long-term economic trends and dynamics of economic growth and fluctuations in China. To answer the core question of how the Chinese economy became what it is, the author draws on dynamic stochastic general equilibrium (DSGE) modeling and calibration, while also exploring microfoundations to reveal optimization behavior within a context of economic change at the macrolevel. The book examines internal shocks in the Chinese economic system, including institutional changes, credit policy and monetary policy, which are all closely associated with issues of enhancing the coordination and sustainability of development and the effectiveness and efficiency of policy reforms. It also elaborates on China’s close interactions with the global economy, shedding light on the dynamic effects of energy prices, the Chinese Yuan exchange rate and foreign direct investment. This book is an essential reference for researchers and students interested in the Chinese economy, methods of microeconomic dynamics and macroeconomic theory and policy.

Handbook of Industry Studies and Economic Geography

Author : Frank Giarratani,Geoffrey J. D. Hewings,Philip McCann
Publisher : Edward Elgar Publishing
Page : 513 pages
File Size : 45,6 Mb
Release : 2013-12-27
Category : Business & Economics
ISBN : 9781782549000

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Handbook of Industry Studies and Economic Geography by Frank Giarratani,Geoffrey J. D. Hewings,Philip McCann Pdf

This unique Handbook examines the impacts on, and responses to, economic geography explicitly from the perspective of the behaviour, mechanics, systems and experiences of different firms in various types of industries. The industry studies approach all

Playing Monopoly with the Devil

Author : Manuel Hinds
Publisher : Yale University Press
Page : 295 pages
File Size : 41,7 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 9780300129779

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Playing Monopoly with the Devil by Manuel Hinds Pdf

In this elegantly written book, Jerome Kagan melds the history of the field of psychology during the past 50 years with the story of his own research efforts of the same period and an analysis of what he terms 'the currently rocky romance between psychology and biology'. As Kagan unwinds his own history, he reveals the seminal events that have shaped his career and discusses how his assumptions have changed. With full appreciation for the contributions to psychology of history, philosophy, literature and neuroscience, he approaches a wide range of fascinating topics, including: the abandonment of orthodox forms of behaviourism and psychoanalysis; the forces that inspired later-twentieth-century curiosity about young children; why B. F. Skinner chose to study psychology; why the study of science less often ignites imaginations today; our society's obsession with erotic love; and, the resurgence of religious fanaticism and the religious Right. Embedded in Kagan's discussions is a rejection of the current notion that a mature neuroscience will eventually replace psychology. He argues that a complete understanding of brain is not synonymous with a full explanation of mind, and he concludes with a brief prediction of the next five decades in the field of psychology.

Challenges and Prospects in African Education Systems

Author : Soji Oni
Publisher : Trafford Publishing
Page : 971 pages
File Size : 44,6 Mb
Release : 2013-11-14
Category : Education
ISBN : 9781490715766

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Challenges and Prospects in African Education Systems by Soji Oni Pdf

Challenges and Prospects in African Education System: The general idea this book is trying to disseminate is to inform readers about the compelling challenges and prospects in African system of education. As we all know, when issues of Africa educational system is raised, the first set of thoughts that come to mind is decline in standard, deterioration of facilities, examination malpractices, cult crises or school-based violence, shortage of teachers, underqualified teachers, and poor teachers performance, which results in poor learning standards, lack of classroom discipline that is exacerbated by insufficient resources and inadequate infrastructure, failure of appropriate inspection and monitoring, and confusion caused by changing curricula without proper communication and training. All these have led to massive demoralization and disillusionment among teachers and a negative and worsening perception of African system of education. This, therefore, calls for in-depth analysis aimed at tutoring every stakeholder in education on how their action and inactions have individually and collectively contributed to the collapsing state of education in Africa. However, the prospect is that Africas recovery and sustainable development can only be guaranteed through expansion and sustenance of both quantitative and qualitativeof the continents stock of human capital through education. In order for education to realize its key role in development, it must be provided to the younger segments of African society as quickly as human and financial resources permit, with the ultimate goal of developing a comprehensive, meaningful and sustainable system of education at all levels and for all age groups. This is the message that this book puts across in the six knitted sections.

Lives of the Laureates, seventh edition

Author : Roger W. Spencer,David A. Macpherson
Publisher : MIT Press
Page : 481 pages
File Size : 55,9 Mb
Release : 2024-04-30
Category : Business & Economics
ISBN : 9780262551946

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Lives of the Laureates, seventh edition by Roger W. Spencer,David A. Macpherson Pdf

Autobiographical accounts by Nobel laureates reflect the richness and diversity of contemporary economic thought and offer insights into the creative process; with six new laureates. Lives of the Laureates offers readers an informal history of modern economic thought as told through autobiographical essays by thirty-two Nobel Prize laureates in economics. The essays not only provide unique insights into major economic ideas of our time but also shed light on the processes of intellectual discovery and creativity. The accounts are accessible and engaging, achieving clarity without sacrificing inherently difficult content. This seventh edition adds six Nobelists to its pages: Roger B. Myerson (co-recipient in 2007) describes his evolution as a game theorist and his application of game theory to issues that ranged from electoral systems to perverse incentives; Thomas J. Sargent (co-recipient in 2011), recounts the development of the rational expectations model, which fundamentally changed the policy implications for macroeconomic models; Amartya Sen (recipient in 1998) reflects on his use of a bicycle (later donated to the Nobel Museum) to collect data early in his career; A. Michael Spence (co-recipient in 2001) describes, among other things, his whiplash-inducing first foray into teaching an undergraduate class; Christopher A. Sims (co-recipient in 2011) discusses his “non-Nobel” research; and Alvin E. Roth (co-recipient in 2012) chronicles the “three insurrections” he has witnessed in mainstream economics. Lives of the Laureates grows out of a continuing lecture series at Trinity University in San Antonio, which invites Nobelists from American universities to describe their evolution as economists in personal as well as technical terms. The Laureates W. Arthur Lewis, Lawrence R. Klein, Kenneth J. Arrow, Paul A. Samuelson, Milton Friedman, George J. Stigler, James Tobin, Franco Modigliani, James M. Buchanan, Robert M. Solow, William F. Sharpe, Ronald H. Coase, Douglass C. North, John C. Harsanyi, Myron S. Scholes, Gary S. Becker, Robert E. Lucas, Jr., Vernon L. Smith, Clive W. J. Granger, Edward C. Prescott, Thomas C. Schelling, Edmund S. Phelps, Eric S. Maskin, Joseph E. Stiglitz, Paul Krugman, Peter A. Diamond, Roger B. Myerson, Thomas J. Sargent, Amartya Sen, A. Michael Spence, Christopher A. Sims, Alvin E. Roth