Explaining Economic Growth
Essays in Honour of Angus Maddison
Published on 10. February 1993
Book
Hardback
498 pages
978-0-444-89495-3 (ISBN)
Description
Presented in this volume is a collection of papers on economic growth and its explanations. Part one covers the central issues in the growth accounting tradition. It looks at the contribution of production factors to economic growth, such as capital, education and technical change, and at ultimate causes of growth, such as institutions, historical events and developments or characteristics of the international, economic and political order. The papers in part two deal with country studies of economic growth, presenting the results of recent empirical work and analyzing its impact on the interpretation of economic development in these countries. Part three deals with international comparisons of levels of economic performance and real income, and the final section is devoted to economic policy and its effects on growth performance. Different perspectives on economic policy are discussed - liberal, Keynesian, Marxist and developmentalist, and the contribution of policy to economic growth or stagnation is assessed. The book is dedicated to Angus Maddison and covers areas which have been central to his work on economic growth.
Presented in this volume is a collection of papers on economic growth and its explanations. Part one covers the central issues in the growth accounting tradition. It looks at the contribution of production factors to economic growth, such as capital, education and technical change, and at ultimate causes of growth, such as institutions, historical events and developments or characteristics of the international, economic and political order. The papers in part two deal with country studies of economic growth, presenting the results of recent empirical work and analyzing its impact on the interpretation of economic development in these countries. Part three deals with international comparisons of levels of economic performance and real income, and the final section is devoted to economic policy and its effects on growth performance. Different perspectives on economic policy are discussed - liberal, Keynesian, Marxist and developmentalist, and the contribution of policy to economic growth or stagnation is assessed. The book is dedicated to Angus Maddison and covers areas which have been central to his work on economic growth.
Presented in this volume is a collection of papers on economic growth and its explanations. Part one covers the central issues in the growth accounting tradition. It looks at the contribution of production factors to economic growth, such as capital, education and technical change, and at ultimate causes of growth, such as institutions, historical events and developments or characteristics of the international, economic and political order. The papers in part two deal with country studies of economic growth, presenting the results of recent empirical work and analyzing its impact on the interpretation of economic development in these countries. Part three deals with international comparisons of levels of economic performance and real income, and the final section is devoted to economic policy and its effects on growth performance. Different perspectives on economic policy are discussed - liberal, Keynesian, Marxist and developmentalist, and the contribution of policy to economic growth or stagnation is assessed. The book is dedicated to Angus Maddison and covers areas which have been central to his work on economic growth.
More details
Series
Language
English
Place of publication
Oxford
United Kingdom
Publishing group
Elsevier Science & Technology
Target group
College/higher education
Professional and scholarly
Illustrations
indexes
Dimensions
Height: 230 mm
ISBN-13
978-0-444-89495-3 (9780444894953)
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Schweitzer Classification
Persons
Content
Part 1 Proximate and ultimate sources of growth: the growth accounting tradition and proximate sources of growth, E.F. Denison; the ultimate sources of economic growth, D.C. North; is economic growth still desirable?, W. Beckerman; technology and growth - the complex dynamics of catching up, falling behind and taking over, L. Soete and B. Verspagen; how much does capital explain?, J.W. Kendrick; the role of education in productivity convergence - does higher education matter?, E.N. Wolff and M. Gittleman. Part 2 Country experiences of economic growth: explaining Japan's post-war economic growth - the contribution of growth accounting, D. Pilat; economic growth in Indonesia, 500-1990, P. Boomgaard; comparative productivity in manufacturing - a case study for Indonesia, A. Szirmai; economic development in Latin America in the 20th century - a comparative perspective, A. Hofman; the Dutch economy in the very long run - growth in production, energy consumption and capital in Holland (1500-1805) and the Netherlands, J.L. van Zanden; long-run economic growth in Spain since 1880 - an international perspective, L.P. de la Escosura; economic growth in Eastern Central Europe after World War II, E. Ehrlich; was the Thatcher experiment worth it? British economic growth in a European context, N.F.R. Crafts. Part 3 Measuring levels of economic performance: what can be learned from successive ICP benchmark estimates?, A. Heston and R. Summers; the ICOP approach - its implications and applicability, B. van Ark; comparing capital stocks, D.W. Blades. Part 4 Policy perspectives: liberalism and economic growth, Sir A. Peacock; Keynesian stabilization policy and post-war economic performance, J.A. Kregel; the developmentalist view, V.L. Urquidi; the "socialist experiment" and transformation towards the market, S. Menshikov.