Determinants of Economic Growth: A Cross-Country Empirical Study

by Robert J. Barro

Book Overview

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...

• Format: Paperback
• Language: English
• ISBN: 0262522543
• ISBN13: 9780262522540
• Release Date: July 1998
• Publisher: MIT Press
• Length: 160 Pages
• Weight: 0.45 lbs.
• Dimensions: 0.6" x 5.4" x 8.0"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher

Customer Reviews

For advanced students

The person who buys this book must be really acquainted with economics (senior or master). It involves, as the title states, the determinants of growth and inflation, along with political matters. I really liked this book because it gathers econometric models to support the essays that consists in many political variables just as democracy and civil rights. Barro, as a Harvard professor, has a well-known academic life. So I would suggest for every macroeconomic student to buy this book, it really helps for courses just as Macroecon or Development Economics.

A careful study.

This book is essentially a report on a series of analyses of the determinants of growth, democracy, civil liberties, and inflation. As a statistical analysis with interpretation, it is excellent. If you want to know what factors really affect these variables, you will find answers here. However, the utility for modelers is limited, because the author inexplicably omits to report the extimated constant terms in any of his regressions. One hopes that succeeding publications will provide more help to those who are trying to construct dynamic models of economic growth.