Barriers to Riches pdf epub mobi txt 电子书 下载 2024


Barriers to Riches

简体网页||繁体网页
Stephen L. Parente
The MIT Press
2002-2
184
182.00元
Paperback
9780262661300

图书标签: economics   


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发表于2024-11-26

Barriers to Riches epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

Barriers to Riches epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

Barriers to Riches pdf epub mobi txt 电子书 下载 2024



图书描述

Why isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches , Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries erect barriers to the efficient use of readily available technology. The purpose of these barriers is to protect industry insiders with vested interests in current production processes from outside competition. Were this protection stopped, rapid TFP growth would follow in the poor countries, and the whole world would soon be rich. Barriers to Riches reflects a decade of research by the authors on this question. Like other books on the subject, it makes use of historical examples and industry studies to illuminate potential explanations for income differences. Unlike these other books, however, it uses aggregate data and general equilibrium models to evaluate the plausibility of alternative explanations. The result of this approach is the most complete and coherent treatment of the subject to date.

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著者简介

Stephen L. Parente is Associate Professor of Economics at the University of Illinois, Urbana-Champaign.

Edward C. Prescott is Regents' Professor at the University of Minnesota and Economic Advisor, Federal Reserve Bank of Minneapolis.


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