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The contributions of endogenous growth theory to the analysis of development problems: An assessment

In: Handbook of Development Economics

Author

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  • Bardhan, Pranab

Abstract

In this paper we provide a critical assessment of the contributions of new growth theory to the theory of economic development. We focus positively on the new emphasis on fixed costs and nonconvexities in the process of introduction of new goods and technologies, particularly in the realm of trade and technological diffusion for a developing country, and on the formalization of coordination failures and inderdevelopment traps.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Bardhan, Pranab, 1995. "The contributions of endogenous growth theory to the analysis of development problems: An assessment," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 46, pages 2983-2998, Elsevier.
    • Handle: RePEc:eee:devchp:4-46
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    Cited by:

    1. Ayoki, Milton & Tumwebaze, Henry & Bbaale, Edward, 2018. "Innovation and employment in Sub-Saharan Africa: Evidence from Uganda Microdata," MPRA Paper 109278, University Library of Munich, Germany.
    2. K. Wälde & M. Kemp & M. Perlman & R. Disney & D. Checchi & M. Vendrik & J. Hölscher, 1999. "Book reviews," Journal of Economics, Springer, vol. 69(2), pages 189-216, June.
    3. Nathaniel Lane, 2020. "The New Empirics of Industrial Policy," Journal of Industry, Competition and Trade, Springer, vol. 20(2), pages 209-234, June.
    4. Nazrul Islam, 2003. "What have We Learnt from the Convergence Debate?," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 309-362, July.
    5. Sonia Bhalotra, 2001. "Growth and welfare provisioning: lessons from the English Poor Laws?," Journal of International Development, John Wiley & Sons, Ltd., vol. 13(7), pages 1083-1096.
    6. Hudson, John & Minea, Alexandru, 2013. "Innovation, Intellectual Property Rights, and Economic Development: A Unified Empirical Investigation," World Development, Elsevier, vol. 46(C), pages 66-78.
    7. Schneider, Patricia Higino, 2005. "International trade, economic growth and intellectual property rights: A panel data study of developed and developing countries," Journal of Development Economics, Elsevier, vol. 78(2), pages 529-547, December.
    8. Konchyn, Vadym, 2006. "The Evolution of Ukrainian Economy: New Trade Theory Evidence," MPRA Paper 588, University Library of Munich, Germany, revised 07 Sep 2006.
    9. Ugur, Mehmet & Mitra, Arup, 2014. "Effects of innovation on employment in low-income countries: A mixed-method systematic review," MPRA Paper 58214, University Library of Munich, Germany, revised 27 Aug 2014.
    10. Behrman, Jere R., 1996. "Measuring the effectiveness of schooling policies in developing countries: Revisiting issues of methodology," Economics of Education Review, Elsevier, vol. 15(4), pages 345-364, October.
    11. Christopher S. Adam & Stephen O'Connell, 1997. "Aid, taxation and development: analytical perspectives on aid effectiveness in sub-Saharan Africa," CSAE Working Paper Series 1997-05, Centre for the Study of African Economies, University of Oxford.

    More about this item

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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