Economists have long been interested in searching for the causes and effects of the growth of income and wealth of countries. The relevant literature gradually was divided nto two banches: economic growth and development economics, with the former emphasizing the use of rigorous mathematical models describing the quantitative relationship between economic variables, and the latter paying more attention to economic structures and institutions.
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Paper provided by University of Washington, Department of Economics in its series Working Papers with number
96-07.
Find related papers by JEL classification: O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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