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Determinants of Economic Growth A Cross-Country Empirical Study cover
  • ISBN: 9780262522540
  • ISBN10: 0262522543

Determinants of Economic Growth A Cross-Country Empirical Study

by Robert J. Barro

  • List Price: $23.00
  • Binding: Paperback
  • Publisher: Mit Pr
  • Publish date: 10/01/1998
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Research on economic growth has exploded in the past decade. Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety of variables. Determinants of Economic Growth, based on Robert Barro's Lionel Robbins Memorial Lectures, delivered at the London School of Economics in February 1996, summarizes this important literature.

The book contains three essays. The first is a survey of the research on the determinants of long-run growth through the estimation of panels of cross-country data. The second essay details the interplay between growth and political freedom or democracy. The final essay looks at the connection between inflation and economic growth. Its basic finding is that higher inflation goes along with a lower rate of economic growth.

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