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The Mystery of Economic Growth
  • Language: en
  • Pages: 252

The Mystery of Economic Growth

Far more than an intellectual puzzle for pundits, economists, and policymakers, economic growth--its makings and workings--is a subject that affects the well-being of billions of people around the globe. In The Mystery of Economic Growth, Elhanan Helpman discusses the vast research that has revolutionized understanding of this subject in recent years, and summarizes and explains its critical messages in clear, concise, and accessible terms. The tale of growth economics, as Helpman tells it, is organized around a number of themes: the importance of the accumulation of physical and human capital; the effect of technological factors on the rate of this accumulation; the process of knowledge cre...

Institutions and Economic Performance
  • Language: en
  • Pages: 672

Institutions and Economic Performance

Institutions and Economic Performance explores the question of why income per capita varies so greatly across countries. Even taking into account disparities in resources, including physical and human capital, large economic discrepancies remain across countries. Why are some societies but not others able to encourage investments in places, people, and productivity? The answer, the book argues, lies to a large extent in institutional differences across societies. Such institutions are wide-ranging and include formal constitutional arrangements, the role of economic and political elites, informal institutions that promote investment and knowledge transfer, and others. Two core themes run through the contributors’ essays. First, what constraints do institutions place on the power of the executive to prevent it from extorting the investments and effort of other people and institutions? Second, when are productive institutions self-enforcing? Institutions and Economic Performance is unique in its melding of economics, political science, history, and sociology to address its central question.

Special Interest Politics
  • Language: en
  • Pages: 400

Special Interest Politics

  • Type: Book
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  • Published: 2001
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  • Publisher: MIT Press

An exploration of the role that special interest groups play in modern democratic politics.

Market Structure and Foreign Trade
  • Language: en
  • Pages: 271

Market Structure and Foreign Trade

  • Type: Book
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  • Published: 1985-01-01
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  • Publisher: Unknown

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General Purpose Technologies and Economic Growth
  • Language: en
  • Pages: 348

General Purpose Technologies and Economic Growth

  • Type: Book
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  • Published: 1998
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  • Publisher: MIT Press

Traditionally, economists have considered the accumulation of conventional inputs such as labour and capital to be the primary force behind economic growth. In the late-1990s however, many economists place technological progress at the centre of the growth process. This shift is due to theoretical developments that allow researchers to link microeconomic outcomes.

Interest Groups and Trade Policy
  • Language: en
  • Pages: 274

Interest Groups and Trade Policy

Containing eight of Gene Grossman's and Elhanan Helpman's previously published articles, this work acts as a compaion to the monograph "Special Interest Politics".

The Organization of Firms in a Global Economy
  • Language: en
  • Pages: 367

The Organization of Firms in a Global Economy

Presents a new research program that is transforming the study of international trade. Until a few years ago, models of international trade did not recognize the heterogeneity of firms and exporters, and could not provide good explanations of international production networks. Now such models exist and are explored in this volume.

Trade and Inequality
  • Language: en

Trade and Inequality

This research review brings together the most influential theoretical and empirical contributions to the topic of trade and inequality from recent years. Segregating the subject into four key areas, it forms a comprehensive study of the subject, targeted at academic readers familiar with the main trade models and empirical methods used in economics. The first two parts cover empirical evidence on trade and inequality in developed and developing countries, while the third and fourth sections confront transition dynamics following trade liberalization and new theoretical contributions inspired by the previously-discussed empirical evidence, respectively. Presented with an extensive original introduction by the editor, Trade and Inequality will be an invaluable tool in the study of this field to advanced undergraduate students, graduate students and faculty alike.

Trade Policy and Market Structure
  • Language: en
  • Pages: 212

Trade Policy and Market Structure

  • Type: Book
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  • Published: 1989-03-30
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  • Publisher: MIT Press

This sequel to Market Structure and Foreign Trade examines the new international trade's applied side. It provides a compact guide to models of the effects of trade policy in imperfectly competitive markets, as well as an up-to-date survey of existing knowledge, which is extended by the authors' useful interpretations of the results.

International Trade and Trade Policy
  • Language: en
  • Pages: 316

International Trade and Trade Policy

  • Type: Book
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  • Published: 1991
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  • Publisher: MIT Press

Centering on questions of the potential optimality of some trade protection, these original contributions present research at the frontier of international trade and trade policy. They expand and test the new trade theory that has developed during the last decade, incorporating elements of industrial organization and political economy into the study of trade structure and the formation of trade policy. Essays in the first two parts take up trade policy, addressing issues such as the formation of trading blocks, strategic trade policy, the political economy of protection, growth-oriented trade policies, and including empirical studies of the welfare effects of quality - upgrading voluntary ex...