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• Cover
• Publisher’s Notice
• Half Title
• Title Page
• Copyright
• Dedication
• Contents
• Preface
• Chapter 1: Introduction: The Facts of Economic Growth
• 1.1 The Data of Growth and Development
• 1.2 Other Stylized Facts about Growth
• 1.3 The Remainder of This Book
• Chapter 2: The Solow Model
• 2.1 Production and Distribution
• 2.2 Capital Accumulation
• 2.3 Comparative Statics and Transitional Growth
• 2.4 Consumption and the Golden Rule
• 2.5 Evaluating the Solow Model
• Exercises
• Chapter 3: Empirical Applications of the Solow Model
• 3.1 Case Studies of Transitional Growth
• 3.2 Cross-Country Differences in GDP per Capita
• 3.3 Convergence and Differences in Growth Rates
• 3.4 The World Distribution of Income
• 3.5 Growth Accounting
• Exercises
• Chapter 4: The Economics of Ideas
• 4.1 Productivity and Technology
• 4.2 Data on Ideas
• 4.3 Ideas and Imperfect Competition
• 4.4 Scale and Population
• 4.5 Summary
• Exercises
• Chapter 5: The Romer Model
• 5.1 The Basic Elements of the Romer Model
• 5.2 The Economics of Innovation in the Romer Model
• 5.3 Summary
• Exercises
• Chapter 6: Growth through Creative Destruction
• 6.1 The Basic Elements of the Schumpeterian Model
• 6.2 The Economics of Innovation in the Schumpeterian Model
• 6.3 Comparing the Romer and Schumpeterian Models
• 6.4 Competition and Innovation
• 6.5 Business Dynamism
• 6.6 Optimal R and D
• 6.7 Summary
• Exercises
• Chapter 7: Growth and Development
• 7.1 Development Accounting
• 7.2 Technology Adoption and Diffusion
• 7.3 Globalization and Development
• 7.4 Misallocation and Productivity
• 7.5 Understanding Differences in Growth Rates
• Exercises
• Chapter 8: Social Infrastructure and Long-Run Economic Performance
• 8.1 An Investment Problem
• 8.2 Empirical Evidence
• 8.3 The Choice of Social Infrastructure
• 8.4 Growth Miracles and Disasters
• 8.5 Summary
• Exercises
• Chapter 9: Population and the Origin of Sustained Growth
• 9.1 Population and Living Standards
• 9.2 The Malthusian Economy
• 9.3 Endogenous Technological Change
• 9.4 The Transition to Sustained Growth
• 9.5 The Economics of Population Growth
• 9.6 Comparative Development
• 9.7 Summary
• Exercises
• Chapter 10: Natural Resources and Economic Growth
• 10.1 Nonrenewable Resources
• 10.2 Prices and Scarcity
• 10.3 Explanations for a Declining Factor Share
• 10.4 Growth and the Environment
• 10.5 Summary
• Exercises
• Chapter 11: Alternative Theories of Endogenous Growth
• 11.1 Simple Endogenous Growth: The AK Model
• 11.2 Intuition and Other Growth Models
• 11.3 Externalities and the AK Model
• 11.4 Evaluating Endogenous Growth Models
• 11.5 What Is Endogenous Growth?
• Exercises
• Chapter 12: The Future of Growth
• 12.1 Historical versus Long-Run Growth
• 12.2 Demographic Changes
• 12.3 Automation
• 12.4 Summary
• Exercises
• Chapter 13: Understanding Economic Growth
• 13.1 Why Are Some Countries So Rich While Others Remain So Poor?
• 13.2 What Is the Engine of Economic Growth?
• 13.3 How Do We Understand Growth Miracles?
• 13.4 Conclusion
• Appendix A: Mathematical Review
• A.1 Derivatives and Integrals
• A.2 Properties of Logs
• A.3 Growth Rates and Logs
• A.4 Present Discounted Value
• A.5 Dynamics
• Appendix B: Additional Model Results
• B.1 The Traditional Solow Diagram
• B.2 An Exact Solution to the Solow Model
• B.3 An Exact Solution for the Romer Model
• B.4 Constant Elasticity of Substitution Production
• Appendix C: Additional Reading
• Bibliography
• Index