Introduction to modern economic growth:
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| Format: | Book |
| Language: | English |
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Princeton, NJ [u.a.]
Princeton Univ. Press
2009
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| Online Access: | Inhaltsverzeichnis |
| Item Description: | Erg. bildet: Peters, Michael: Solutions manual for Introduction to modern economic growth. - Literaturverz. S. 949 - 970 |
| Physical Description: | XVIII, 990 S. graph. Darst. |
| ISBN: | 9780691132921 |
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| 245 | 1 | 0 | |a Introduction to modern economic growth |c Daron Acemoglu |
| 264 | 1 | |a Princeton, NJ [u.a.] |b Princeton Univ. Press |c 2009 | |
| 300 | |a XVIII, 990 S. |b graph. Darst. | ||
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| 500 | |a Erg. bildet: Peters, Michael: Solutions manual for Introduction to modern economic growth. - Literaturverz. S. 949 - 970 | ||
| 650 | 4 | |a Wirtschaftsentwicklung | |
| 650 | 4 | |a Economic development | |
| 650 | 4 | |a Macroeconomics | |
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| adam_text | Contents
Preface
xv
Part I: Introduction
Chapter
1
Economic Growth and Economic Development:
The Questions
з
1.1 Cross-Country
Income Differences
3
1.2
Income and Welfare
7
1.3
Economic Growth and Income Differences
9
1.4
Origins of Today s Income Differences and World Economic Growth
11
1.5
Conditional Convergence
15
1.6
Correlates of Economic Growth
18
1.7
From Correlates to Fundamental Causes
19
1.8
The Agenda
21
1.9
References and Literature
23
Chapter
2
The Solow Growth Model
26
2.1
The Economic Environment of the Basic Solow Model
27
2.2
The Solow Model in Discrete Time
34
2.3
Transitional Dynamics in the Discrete-Time Solow Model
43
2.4
The Solow Model in Continuous Time
47
2.5
Transitional Dynamics in the Continuous-Time Solow Model
51
2.6
A First Look at Sustained Growth
55
2.7
Solow Model with Technological Progress
56
2.8
Comparative Dynamics
67
2.9
Taking Stock
68
2.10
References and Literature
69
2.11
Exercises
71
Chapter
3
The Solow Model and the Data
77
3.1
Growth Accounting
77
3.2
The Solow Model and Regression Analyses
80
3.3
The Solow Model with Human Capital
85
vii
viii
· Contents
3.4
Solow Model and
Cross-Country
Income Differences: Regression Analyses
90
3.5
Calibrating Productivity Differences
96
3.6
Estimating Productivity Differences
100
3.7
Taking Stock
105
3.8
References and Literature
106
3.9
Exercises
107
Chapter
4
Fundamental Determinants of Differences in
Economic Performance
109
4.1
Proximate versus Fundamental Causes
109
4.2
Economies of Scale, Population, Technology, and World Growth
112
4.3
The Four Fundamental Causes
114
4.4
The Effect of Institutions on Economic Growth
123
4.5
What Types of Institutions?
136
4.6
Disease and Development
137
4.7
Political Economy of Institutions: First Thoughts
140
4.8
Taking Stock
140
4.9
References and Literature
141
4.10
Exercises
143
Part II: Toward Neoclassical Growth
Chapter
5
Foundations of Neoclassical Growth
147
5.1
Preliminaries
147
5.2
The Representative Household
149
5.3
Infinite Planning Horizon
156
5.4
The Representative Firm
158
5.5
Problem Formulation
160
5.6
Welfare Theorems
161
5.7
Proof of the Second Welfare Theorem (Theorem
5.7) * 168
5.8
Sequential Trading
171
5.9
Optimal Growth
174
5.10
Taking Stock
176
5.11
References and Literature
176
5.12
Exercises
178
Chapter
6
Infinite-Horizon Optimization and Dynamic
Programming
182
6.1
Discrete-Time Infinite-Horizon Optimization
182
6.2
Stationary Dynamic Programming
185
6.3
Stationary Dynamic Programming Theorems
187
6.4
The Contraction Mapping Theorem and Applications
* 190
6.5
Proofs of the Main Dynamic Programming Theorems
* 194
6.6
Applications of Stationary Dynamic Programming
201
6.7
Nonstationary Infinite-Horizon Optimization
211
6.8
Optimal Growth in Discrete Time
215
6.9
Competitive Equilibrium Growth
219
Contents · ix
6.10
Computation
221
6.11
Taking
Stock 221
6.12
References and Literature
222
6.13
Exercises
223
Chapter
7
An Introduction to the Theory of Optimal Control
227
7.1
Variational Arguments
228
7.2
The Maximum Principle: A First Look
235
7.3
Infinite-Horizon Optimal Control
240
7.4
More on Transversality Conditions
250
7.5
Discounted Infinite-Horizon Optimal Control
253
7.6
Existence of Solutions, Concavity, and Differentiability
* 259
7.7
A First Look at Optimal Growth in Continuous Time
268
7.8
The q-Theory of Investment and Saddle-Path Stability
269
7.9
Taking Stock
274
7.10
References and Literature
275
7.11
Exercises
278
Part III: Neoclassical Growth
Chapter
8
The Neoclassical Growth Model
287
8.1
Preferences, Technology, and Demographics
287
8.2
Characterization of Equilibrium
293
8.3
Optimal Growth
298
8.4
Steady-State Equilibrium
300
8.5
Transitional Dynamics and Uniqueness of Equilibrium
302
8.6
Neoclassical Growth in Discrete Time
305
8.7
Technological Change and the Canonical Neoclassical Model
306
8.8
The Role of Policy
312
8.9
Comparative Dynamics
313
8.10
A Quantitative Evaluation
315
8.11
Extensions
317
8.12
Taking Stock
317
8.13
References and Literature
318
8.14
Exercises
319
Chapter
9
Growth with Overlapping Generations
327
9.1
Problems of Infinity
328
9.2
The Baseline Overlapping Generations Model
329
9.3
The Canonical Overlapping Generations Model
335
9.4
Overaccumulation and Pareto Optimality of Competitive Equilibrium
in the Overlapping Generations Model
336
9.5
Role of Social Security in Capital Accumulation
339
9.6
Overlapping Generations with Impure Altruism
342
9.7
Overlapping Generations with Perpetual Youth
345
9.8
Overlapping Generations in Continuous Time
348
9.9
Taking Stock
353
Contents
9.10
References and Literature
354
9.11
Exercises
355
Chapter
10
Human Capital and Economic Growth
359
10.1
A Simple Separation Theorem
359
10.2
Schooling Investments and Returns to Education
361
10.3
The Ben-Porath Model
363
10.4
Neoclassical Growth with Physical and Human Capital
367
10.5
Capital-Skill Complementarity in an Overlapping Generations Model
371
10.6
Physical and Human Capital with Imperfect Labor Markets
374
10.7
Human Capital Externalities
379
10.8
The Nelson-Phelps Model of Human Capital
380
10.9
Taking Stock
382
10.10
References and Literature
384
10.11
Exercises
384
Chapter
11
First-Generation Models of Endogenous Growth
387
11.1
The AK Model Revisited
388
11.2
The AK Model with Physical and Human Capital
393
11.3
The Two-Sector AK Model
395
11.4
Growth with Externalities
398
11.5
Taking Stock
402
11.6
References and Literature
404
11.7
Exercises
404
Part IV: Endogenous Technological Change
Chapter
12
Modeling Technological Change
41
1
12.1
Different Conceptions of Technology
411
12.2
Science and Profits
414
12.3
The Value of Innovation in Partial Equilibrium
416
12.4
The Dixit-Stiglitz Model and Aggregate Demand Externalities
422
12.5
Individual R&D Uncertainty and the Stock Market
428
12.6
Taking Stock
429
12.7
References and Literature
430
12.8
Exercises
431
Chapter
13
Expanding Variety Models
433
13.1
The Lab-Equipment Model of Growth with Input Varieties
433
13.2
Growth with Knowledge Spillovers
444
13.3
Growth without Scale Effects
446
13.4
Growth with Expanding Product Varieties
448
13.5
Taking Stock
452
13.6
References and Literature
453
13.7
Exercises
453
Contents ·
x¡
Chapter
14
Models of Schumpeterian Growth
458
14.1
A Baseline Model of Schumpeterian Growth
459
14.2
A One-Sector Schumpeterian Growth Model
468
14.3
Innovation by Incumbents and Entrants
472
14.4
Step-by-Step Innovations
* 479
14.5
Taking Stock
489
14.6
References and Literature
490
14.7
Exercises
491
Chapter
15
Directed Technological Change
497
15.1
Importance of Biased Technological Change
498
15.2
Basics and Definitions
500
15.3
Baseline Model of Directed Technological Change
503
15.4
Directed Technological Change with Knowledge Spillovers
514
15.5
Directed Technological Change without Scale Effects
518
15.6
Endogenous Labor-Augmenting Technological Change
519
15.7
Generalizations and Other Applications
522
15.8
An Alternative Approach to Labor-Augmenting Technological Change*
523
15.9
Taking Stock
526
15.10
References and Literature
527
15.11
Exercises
529
Part V: Stochastic Growth
Chapter
16
Stochastic Dynamic Programming
537
16.1
Dynamic Programming with Expectations
537
16.2
Proofs of the Stochastic Dynamic Programming Theorems
* 544
16.3
Stochastic
Euler
Equations
549
16.4
Generalization to Markov Processes
* 552
16.5
Applications of Stochastic Dynamic Programming
554
16.6
Taking Stock
561
16.7
References and Literature
561
16.8
Exercises
562
Chapter
17
Stochastic Growth Models
566
17.1
The Brock-Mirman Model
567
17.2
Equilibrium Growth under Uncertainty
571
17.3
Application: Real Business Cycle Models
579
17.4
Growth with Incomplete Markets: The Bewley Model
583
17.5
The Overlapping Generations Model with Uncertainty
586
17.6
Risk, Diversification, and Growth
588
17.7
Taking Stock
603
17.8
References and Literature
604
17.9
Exercises
605
xii · Contents
Part
VI: Technology
Diffusion, Trade, and Interdependences
Chapter
18
Diffusion of Technology
61
1
18.1
Productivity Differences and Technology
611
18.2
A Benchmark Model of Technology Diffusion
613
18.3
Technology Diffusion and Endogenous Growth
619
18.4
Appropriate and Inappropriate Technologies and Productivity Differences
623
18.5
Contracting Institutions and Technology Adoption
630
18.6
Taking Stock
642
18.7
References and Literature
643
18.8
Exercises
644
Chapter
19
Trade and Growth
648
19.1
Growth and Financial Capital Flows
648
19.2
Why Does Capital Not Flow from Rich to Poor Countries?
653
19.3
Economic Growth in a Heckscher-Ohlin World
655
19.4
Trade, Specialization, and the World Income Distribution
663
19.5
Trade, Technology Diffusion, and the Product Cycle
674
19.6
Trade and Endogenous Technological Change
678
19.7
Learning-by-Doing, Trade, and Growth
680
19.8
Taking Stock
684
19.9
References and Literature
685
19.10
Exercises
687
Part
VII:
Economic Development and Economic Growth
Chapter
20
Structural Change and Economic Growth
697
20.1
Nonbalanced Growth: The Demand Side
697
20.2
Nonbalanced Growth: The Supply Side
703
20.3
Agricultural Productivity and Industrialization
715
20.4
Taking Stock
719
20.5
References and Literature
720
20.6
Exercises
721
Chapter
21
Structural Transformations and Market Failures
in Development
725
21.1
Financial Development
726
21.2
Fertility, Mortality, and the Demographic Transition
729
21.3
Migration, Urbanization, and the Dual Economy
736
21.4
Distance to the Frontier and Changes in the Organization of Production
744
21.5
Multiple Equilibria from Aggregate Demand Externalities and the Big Push
752
21.6
Inequality, Credit Market Imperfections, and Human Capital
758
21.7
Toward a Unified Theory of Development and Growth?
764
21.8
Taking Stock
768
21.9
References and Literature
769
21.10
Exercises
771
Contents · xiii
Part
VIII:
The Political Economy of Growth
Chapter
22
Institutions, Political Economy, and Growth
781
22.1
The Impact of Institutions on Long-Run Development
781
22.2
Distributional Conflict and Economic Growth in a Simple Society
784
22.3
The Canonical Cobb-Douglas Model of Distributional Conflict
792
22.4
Distributional Conflict and Competition
793
22.5
Subgame
Perfect versus Markov Perfect Equilibria
799
22.6
Inefficient Economic Institutions: A First Pass
802
22.7
Heterogeneous Preferences, Social Choice, and the Median Voter
* 805
22.8
Distributional Conflict and Economic Growth: Heterogeneity and the
Median Voter
814
22.9
The Provision of Public Goods: Weak versus Strong States
817
22.10
Taking Stock
822
22.11
References and Literature
823
22.12
Exercises
825
Chapter
23
Political Institutions and Economic Growth
831
23.1
Political Regimes and Economic Growth
832
23.2
Political Institutions and Growth-Enhancing Policies
834
23.3
Dynamic Trade-offs
837
23.4
Understanding Endogenous Political Change
850
23.5
Taking Stock
856
23.6
References and Literature
857
23.7
Exercises
858
Epilogue: Mechanics and Causes of Economic Growth
861
What Have We Learned?
861
A Possible Perspective on Growth and Stagnation over the Past
200
Years
864
Many Remaining Questions
872
Part IX: Mathematical Appendixes
Appendix A Odds and Ends in Real Analysis and Applications
to Optimization
877
A.
1
Distances and Metric Spaces
878
A.2 Mappings, Functions, Sequences, Nets, and Continuity
880
A.3 A Minimal Amount of Topology: Continuity and Compactness*
885
A.4 The Product Topology
* 889
A.5 Absolute Continuity and Equicontinuity
* 891
A.
6
Correspondences and
Berge s
Maximum Theorem
894
A.
7
Convexity, Concavity, Quasi-Concavity, and Fixed Points
898
A.
8
Differentiation, Taylor Series, and the Mean Value Theorem
900
A.
9
Functions of Several Variables and the Inverse and Implicit Function
Theorems
904
A.
10
Separation Theorems
* 907
xiv · Contents
Α.
11
Constrained Optimization
910
A.
12
Exercises
915
Appendix
В
Review of Ordinary Differential Equations
917
B.I Eigenvalues and Eigenvectors
917
B.2 Some Basic Results on Integrals
918
B.3 Linear Differential Equations
920
В
.4
Solutions to Linear First-Order Differential Equations
921
B.5 Systems of Linear Differential Equations
924
B.6 Local Analysis and Stability of Nonlinear Differential Equations
926
B.7 Separable and Exact Differential Equations
927
B.8 Existence and Uniqueness of Solutions
929
B.9 Continuity and Differentiability of Solutions
930
B.10 Difference Equations
930
B.ll Exercises
932
Appendix
С
Brief Review of Dynamic Games
934
C.I Basic Definitions
934
C.2 Some Basic Results
937
C.3 Application: Repeated Games with Perfect Observability
941
C.4 Exercises
942
Appendix
D
List of Theorems
944
Chapter
2 944
Chapter
5 944
Chapter
6 944
Chapter
7 945
Chapter
10 945
Chapter
16 945
Chapter
22 946
Appendix A
946
Appendix
В
947
Appendix
С
947
References
949
Name Index
971
Subject Index
977
|
| adam_txt |
Contents
Preface
xv
Part I: Introduction
Chapter
1
Economic Growth and Economic Development:
The Questions
з
1.1 Cross-Country
Income Differences
3
1.2
Income and Welfare
7
1.3
Economic Growth and Income Differences
9
1.4
Origins of Today's Income Differences and World Economic Growth
11
1.5
Conditional Convergence
15
1.6
Correlates of Economic Growth
18
1.7
From Correlates to Fundamental Causes
19
1.8
The Agenda
21
1.9
References and Literature
23
Chapter
2
The Solow Growth Model
26
2.1
The Economic Environment of the Basic Solow Model
27
2.2
The Solow Model in Discrete Time
34
2.3
Transitional Dynamics in the Discrete-Time Solow Model
43
2.4
The Solow Model in Continuous Time
47
2.5
Transitional Dynamics in the Continuous-Time Solow Model
51
2.6
A First Look at Sustained Growth
55
2.7
Solow Model with Technological Progress
56
2.8
Comparative Dynamics
67
2.9
Taking Stock
68
2.10
References and Literature
69
2.11
Exercises
71
Chapter
3
The Solow Model and the Data
77
3.1
Growth Accounting
77
3.2
The Solow Model and Regression Analyses
80
3.3
The Solow Model with Human Capital
85
vii
viii
· Contents
3.4
Solow Model and
Cross-Country
Income Differences: Regression Analyses
90
3.5
Calibrating Productivity Differences
96
3.6
Estimating Productivity Differences
100
3.7
Taking Stock
105
3.8
References and Literature
106
3.9
Exercises
107
Chapter
4
Fundamental Determinants of Differences in
Economic Performance
109
4.1
Proximate versus Fundamental Causes
109
4.2
Economies of Scale, Population, Technology, and World Growth
112
4.3
The Four Fundamental Causes
114
4.4
The Effect of Institutions on Economic Growth
123
4.5
What Types of Institutions?
136
4.6
Disease and Development
137
4.7
Political Economy of Institutions: First Thoughts
140
4.8
Taking Stock
140
4.9
References and Literature
141
4.10
Exercises
143
Part II: Toward Neoclassical Growth
Chapter
5
Foundations of Neoclassical Growth
147
5.1
Preliminaries
147
5.2
The Representative Household
149
5.3
Infinite Planning Horizon
156
5.4
The Representative Firm
158
5.5
Problem Formulation
160
5.6
Welfare Theorems
161
5.7
Proof of the Second Welfare Theorem (Theorem
5.7) * 168
5.8
Sequential Trading
171
5.9
Optimal Growth
174
5.10
Taking Stock
176
5.11
References and Literature
176
5.12
Exercises
178
Chapter
6
Infinite-Horizon Optimization and Dynamic
Programming
182
6.1
Discrete-Time Infinite-Horizon Optimization
182
6.2
Stationary Dynamic Programming
185
6.3
Stationary Dynamic Programming Theorems
187
6.4
The Contraction Mapping Theorem and Applications
* 190
6.5
Proofs of the Main Dynamic Programming Theorems
* 194
6.6
Applications of Stationary Dynamic Programming
201
6.7
Nonstationary Infinite-Horizon Optimization
211
6.8
Optimal Growth in Discrete Time
215
6.9
Competitive Equilibrium Growth
219
Contents · ix
6.10
Computation
221
6.11
Taking
Stock 221
6.12
References and Literature
222
6.13
Exercises
223
Chapter
7
An Introduction to the Theory of Optimal Control
227
7.1
Variational Arguments
228
7.2
The Maximum Principle: A First Look
235
7.3
Infinite-Horizon Optimal Control
240
7.4
More on Transversality Conditions
250
7.5
Discounted Infinite-Horizon Optimal Control
253
7.6
Existence of Solutions, Concavity, and Differentiability
* 259
7.7
A First Look at Optimal Growth in Continuous Time
268
7.8
The q-Theory of Investment and Saddle-Path Stability
269
7.9
Taking Stock
274
7.10
References and Literature
275
7.11
Exercises
278
Part III: Neoclassical Growth
Chapter
8
The Neoclassical Growth Model
287
8.1
Preferences, Technology, and Demographics
287
8.2
Characterization of Equilibrium
293
8.3
Optimal Growth
298
8.4
Steady-State Equilibrium
300
8.5
Transitional Dynamics and Uniqueness of Equilibrium
302
8.6
Neoclassical Growth in Discrete Time
305
8.7
Technological Change and the Canonical Neoclassical Model
306
8.8
The Role of Policy
312
8.9
Comparative Dynamics
313
8.10
A Quantitative Evaluation
315
8.11
Extensions
317
8.12
Taking Stock
317
8.13
References and Literature
318
8.14
Exercises
319
Chapter
9
Growth with Overlapping Generations
327
9.1
Problems of Infinity
328
9.2
The Baseline Overlapping Generations Model
329
9.3
The Canonical Overlapping Generations Model
335
9.4
Overaccumulation and Pareto Optimality of Competitive Equilibrium
in the Overlapping Generations Model
336
9.5
Role of Social Security in Capital Accumulation
339
9.6
Overlapping Generations with Impure Altruism
342
9.7
Overlapping Generations with Perpetual Youth
345
9.8
Overlapping Generations in Continuous Time
348
9.9
Taking Stock
353
Contents
9.10
References and Literature
354
9.11
Exercises
355
Chapter
10
Human Capital and Economic Growth
359
10.1
A Simple Separation Theorem
359
10.2
Schooling Investments and Returns to Education
361
10.3
The Ben-Porath Model
363
10.4
Neoclassical Growth with Physical and Human Capital
367
10.5
Capital-Skill Complementarity in an Overlapping Generations Model
371
10.6
Physical and Human Capital with Imperfect Labor Markets
374
10.7
Human Capital Externalities
379
10.8
The Nelson-Phelps Model of Human Capital
380
10.9
Taking Stock
382
10.10
References and Literature
384
10.11
Exercises
384
Chapter
11
First-Generation Models of Endogenous Growth
387
11.1
The AK Model Revisited
388
11.2
The AK Model with Physical and Human Capital
393
11.3
The Two-Sector AK Model
395
11.4
Growth with Externalities
398
11.5
Taking Stock
402
11.6
References and Literature
404
11.7
Exercises
404
Part IV: Endogenous Technological Change
Chapter
12
Modeling Technological Change
41
1
12.1
Different Conceptions of Technology
411
12.2
Science and Profits
414
12.3
The Value of Innovation in Partial Equilibrium
416
12.4
The Dixit-Stiglitz Model and Aggregate Demand Externalities
422
12.5
Individual R&D Uncertainty and the Stock Market
428
12.6
Taking Stock
429
12.7
References and Literature
430
12.8
Exercises
431
Chapter
13
Expanding Variety Models
433
13.1
The Lab-Equipment Model of Growth with Input Varieties
433
13.2
Growth with Knowledge Spillovers
444
13.3
Growth without Scale Effects
446
13.4
Growth with Expanding Product Varieties
448
13.5
Taking Stock
452
13.6
References and Literature
453
13.7
Exercises
453
Contents ·
x¡
Chapter
14
Models of Schumpeterian Growth
458
14.1
A Baseline Model of Schumpeterian Growth
459
14.2
A One-Sector Schumpeterian Growth Model
468
14.3
Innovation by Incumbents and Entrants
472
14.4
Step-by-Step Innovations
* 479
14.5
Taking Stock
489
14.6
References and Literature
490
14.7
Exercises
491
Chapter
15
Directed Technological Change
497
15.1
Importance of Biased Technological Change
498
15.2
Basics and Definitions
500
15.3
Baseline Model of Directed Technological Change
503
15.4
Directed Technological Change with Knowledge Spillovers
514
15.5
Directed Technological Change without Scale Effects
518
15.6
Endogenous Labor-Augmenting Technological Change
519
15.7
Generalizations and Other Applications
522
15.8
An Alternative Approach to Labor-Augmenting Technological Change*
523
15.9
Taking Stock
526
15.10
References and Literature
527
15.11
Exercises
529
Part V: Stochastic Growth
Chapter
16
Stochastic Dynamic Programming
537
16.1
Dynamic Programming with Expectations
537
16.2
Proofs of the Stochastic Dynamic Programming Theorems
* 544
16.3
Stochastic
Euler
Equations
549
16.4
Generalization to Markov Processes
* 552
16.5
Applications of Stochastic Dynamic Programming
554
16.6
Taking Stock
561
16.7
References and Literature
561
16.8
Exercises
562
Chapter
17
Stochastic Growth Models
566
17.1
The Brock-Mirman Model
567
17.2
Equilibrium Growth under Uncertainty
571
17.3
Application: Real Business Cycle Models
579
17.4
Growth with Incomplete Markets: The Bewley Model
583
17.5
The Overlapping Generations Model with Uncertainty
586
17.6
Risk, Diversification, and Growth
588
17.7
Taking Stock
603
17.8
References and Literature
604
17.9
Exercises
605
xii · Contents
Part
VI: Technology
Diffusion, Trade, and Interdependences
Chapter
18
Diffusion of Technology
61
1
18.1
Productivity Differences and Technology
611
18.2
A Benchmark Model of Technology Diffusion
613
18.3
Technology Diffusion and Endogenous Growth
619
18.4
Appropriate and Inappropriate Technologies and Productivity Differences
623
18.5
Contracting Institutions and Technology Adoption
630
18.6
Taking Stock
642
18.7
References and Literature
643
18.8
Exercises
644
Chapter
19
Trade and Growth
648
19.1
Growth and Financial Capital Flows
648
19.2
Why Does Capital Not Flow from Rich to Poor Countries?
653
19.3
Economic Growth in a Heckscher-Ohlin World
655
19.4
Trade, Specialization, and the World Income Distribution
663
19.5
Trade, Technology Diffusion, and the Product Cycle
674
19.6
Trade and Endogenous Technological Change
678
19.7
Learning-by-Doing, Trade, and Growth
680
19.8
Taking Stock
684
19.9
References and Literature
685
19.10
Exercises
687
Part
VII:
Economic Development and Economic Growth
Chapter
20
Structural Change and Economic Growth
697
20.1
Nonbalanced Growth: The Demand Side
697
20.2
Nonbalanced Growth: The Supply Side
703
20.3
Agricultural Productivity and Industrialization
715
20.4
Taking Stock
719
20.5
References and Literature
720
20.6
Exercises
721
Chapter
21
Structural Transformations and Market Failures
in Development
725
21.1
Financial Development
726
21.2
Fertility, Mortality, and the Demographic Transition
729
21.3
Migration, Urbanization, and the Dual Economy
736
21.4
Distance to the Frontier and Changes in the Organization of Production
744
21.5
Multiple Equilibria from Aggregate Demand Externalities and the Big Push
752
21.6
Inequality, Credit Market Imperfections, and Human Capital
758
21.7
Toward a Unified Theory of Development and Growth?
764
21.8
Taking Stock
768
21.9
References and Literature
769
21.10
Exercises
771
Contents · xiii
Part
VIII:
The Political Economy of Growth
Chapter
22
Institutions, Political Economy, and Growth
781
22.1
The Impact of Institutions on Long-Run Development
781
22.2
Distributional Conflict and Economic Growth in a Simple Society
784
22.3
The Canonical Cobb-Douglas Model of Distributional Conflict
792
22.4
Distributional Conflict and Competition
793
22.5
Subgame
Perfect versus Markov Perfect Equilibria
799
22.6
Inefficient Economic Institutions: A First Pass
802
22.7
Heterogeneous Preferences, Social Choice, and the Median Voter
* 805
22.8
Distributional Conflict and Economic Growth: Heterogeneity and the
Median Voter
814
22.9
The Provision of Public Goods: Weak versus Strong States
817
22.10
Taking Stock
822
22.11
References and Literature
823
22.12
Exercises
825
Chapter
23
Political Institutions and Economic Growth
831
23.1
Political Regimes and Economic Growth
832
23.2
Political Institutions and Growth-Enhancing Policies
834
23.3
Dynamic Trade-offs
837
23.4
Understanding Endogenous Political Change
850
23.5
Taking Stock
856
23.6
References and Literature
857
23.7
Exercises
858
Epilogue: Mechanics and Causes of Economic Growth
861
What Have We Learned?
861
A Possible Perspective on Growth and Stagnation over the Past
200
Years
864
Many Remaining Questions
872
Part IX: Mathematical Appendixes
Appendix A Odds and Ends in Real Analysis and Applications
to Optimization
877
A.
1
Distances and Metric Spaces
878
A.2 Mappings, Functions, Sequences, Nets, and Continuity
880
A.3 A Minimal Amount of Topology: Continuity and Compactness*
885
A.4 The Product Topology
* 889
A.5 Absolute Continuity and Equicontinuity
* 891
A.
6
Correspondences and
Berge's
Maximum Theorem
894
A.
7
Convexity, Concavity, Quasi-Concavity, and Fixed Points
898
A.
8
Differentiation, Taylor Series, and the Mean Value Theorem
900
A.
9
Functions of Several Variables and the Inverse and Implicit Function
Theorems
904
A.
10
Separation Theorems
* 907
xiv · Contents
Α.
11
Constrained Optimization
910
A.
12
Exercises
915
Appendix
В
Review of Ordinary Differential Equations
917
B.I Eigenvalues and Eigenvectors
917
B.2 Some Basic Results on Integrals
918
B.3 Linear Differential Equations
920
В
.4
Solutions to Linear First-Order Differential Equations
921
B.5 Systems of Linear Differential Equations
924
B.6 Local Analysis and Stability of Nonlinear Differential Equations
926
B.7 Separable and Exact Differential Equations
927
B.8 Existence and Uniqueness of Solutions
929
B.9 Continuity and Differentiability of Solutions
930
B.10 Difference Equations
930
B.ll Exercises
932
Appendix
С
Brief Review of Dynamic Games
934
C.I Basic Definitions
934
C.2 Some Basic Results
937
C.3 Application: Repeated Games with Perfect Observability
941
C.4 Exercises
942
Appendix
D
List of Theorems
944
Chapter
2 944
Chapter
5 944
Chapter
6 944
Chapter
7 945
Chapter
10 945
Chapter
16 945
Chapter
22 946
Appendix A
946
Appendix
В
947
Appendix
С
947
References
949
Name Index
971
Subject Index
977 |
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| spelling | Acemoglu, Daron 1967- Verfasser (DE-588)124929575 aut Introduction to modern economic growth Daron Acemoglu Princeton, NJ [u.a.] Princeton Univ. Press 2009 XVIII, 990 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Erg. bildet: Peters, Michael: Solutions manual for Introduction to modern economic growth. - Literaturverz. S. 949 - 970 Wirtschaftsentwicklung Economic development Macroeconomics Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf Wachstumstheorie (DE-588)4128160-3 gnd rswk-swf (DE-588)4123623-3 Lehrbuch gnd-content Wirtschaftswachstum (DE-588)4066527-6 s DE-604 Wachstumstheorie (DE-588)4128160-3 s Digitalisierung UB Bayreuth application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016717889&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Acemoglu, Daron 1967- Introduction to modern economic growth Wirtschaftsentwicklung Economic development Macroeconomics Wirtschaftswachstum (DE-588)4066527-6 gnd Wachstumstheorie (DE-588)4128160-3 gnd |
| subject_GND | (DE-588)4066527-6 (DE-588)4128160-3 (DE-588)4123623-3 |
| title | Introduction to modern economic growth |
| title_auth | Introduction to modern economic growth |
| title_exact_search | Introduction to modern economic growth |
| title_exact_search_txtP | Introduction to modern economic growth |
| title_full | Introduction to modern economic growth Daron Acemoglu |
| title_fullStr | Introduction to modern economic growth Daron Acemoglu |
| title_full_unstemmed | Introduction to modern economic growth Daron Acemoglu |
| title_short | Introduction to modern economic growth |
| title_sort | introduction to modern economic growth |
| topic | Wirtschaftsentwicklung Economic development Macroeconomics Wirtschaftswachstum (DE-588)4066527-6 gnd Wachstumstheorie (DE-588)4128160-3 gnd |
| topic_facet | Wirtschaftsentwicklung Economic development Macroeconomics Wirtschaftswachstum Wachstumstheorie Lehrbuch |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016717889&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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