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Accounting for Cross-country Income Differences
Why are some countries so much richer than others? Development Accounting is a first-pass attempt at organizing the answer around two proximate determinants: factors of production and efficiency. It answers the question "how much of the cross-country income variance can be attributed to differences in (physical and human) capital, and how much to differences in the efficiency with which capital is used?" Hence, it does for the cross-section what growth accounting does in the time series. The current consensus is that efficiency is at least as important as capital in explaining income differences. I survey the data and the basic methods that lead to this consensus, and explore several extensions. I argue that some of these extensions may lead to a reconsideration of the evidence.
Technology Differences over Space and Time
Technology Differences over Space and Time looks at how countries use their productive resources—such as workers, skills, equipment and structures, and natural resources. Francesco Caselli develops methods to assess the efficiency with which productive inputs are used, and how these efficiencies vary across countries and over time. Caselli finds that richer countries use skilled workers relatively more efficiently than unskilled workers, and equipment and structures relatively more efficiently than natural resources. They also are relatively more efficient users of labor than of capital. Technological change tends to make countries particularly efficient at using skills and less efficient ...
The Grotesque Dancer on the Eighteenth-century Stage
Italian ballet in the eighteenth century was dominated by dancers trained in the style known as "grotesque"—a virtuoso style that combined French ballet technique with a vigorous athleticism that made Italian dancers in demand all over Europe. Gennaro Magri’s Trattato teorico-prattico di ballo, the only work from the eighteenth century that explains the practices of midcentury Italian theatrical dancing, is a starting point for investigating this influential type of ballet and its connections to the operatic and theatrical genres of its day. The Grotesque Dancer on the Eighteenth-Century Stage examines the theatrical world of the ballerino grottesco, Magri’s own career as a dancer in I...
The State of Economics, the State of the World
Leading economists address the ongoing challenges to economics in theory and practice in a time of political and economic crises. More than a decade of financial crises, sovereign debt problems, political conflict, and rising xenophobia and protectionism has left the global economy unsettled and the ability of economics as a discipline to account for episodes of volatility uncertain. In this book, leading economists consider the state of their discipline in a world of ongoing economic and political crises. The book begins with three sweeping essays by Nobel laureates Kenneth Arrow (in one of his last published works), Amartya Sen, and Joseph Stiglitz that offer a summary of the theoretical f...
The Constantinian Order of Saint George
According to legend the Constantinian Order is the oldest chivalric institution, founded by Emperor Constantine the Great and governed by successive Byzantine Emperors and their descendants. While this chronology was supported by multiple writers even into the twentieth century, it has little historical basis. Nonetheless, the Angeli, Farnese and Bourbon families which held the Grand Mastership could legitimately claim Byzantine imperial descent, albeit in the female line, and the Order’s cross replicates that seen by Constantine in the vision recorded by both Lactantius and Eusebius, writing very soon after Maximian’s defeat at the battle of the Milvian Bridge. The Order’s emergence i...
The Economics of Growth
A comprehensive, rigorous, and up-to-date introduction to growth economics that presents all the major growth paradigms and shows how they can be used to analyze the growth process and growth policy design. This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtle...
Focus on Economic Growth and Productivity
By 'economic growth' economists mean, in the first place, annual increases in the nation's total output of goods and services -- its national product. Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Economic growth and the productivity are impacted by individual enterprises, industrial sectors and the wider economy. The standard of living of a country is profoundly effected by economic growth and productivity. One of the key questions within the debate on economic growth and productivity is the effect of information technology on the system. This new book presents leading edge research on this exciting topic.
Handbook of Economic Growth
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.
Economic Report of the President, Transmitted to the Congress February 2010 Together with the Annual Report of the Council of Economic Advisors
The Economic Report of the President provides valuable information about the present state of the U.S. economy and its future course. It includes: Current and foreseeable trends and annual numerical goals concerning topics such as employment, production, real income and Federal budget outlays. Employment objectives for significant groups of the labor force. Annual numeric goals. A program for carrying out program objectives. The Report is transmitted to Congress no later than 10 days after the submission of the Budget of the United States Government. Supplementary reports can be issued to the Congress which contain additional and/or revised recommendations. Included in the Economic Report of the President is the Annual Report of the Council of Economic Advisers. Each year, the Council of Economic Advisers submits this report on its activities during the previous calendar year in accordance wi
Ibss: Economics: 1999
IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences
