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Springer Texts in Business and Economics

Economic Growth and Development

A Dynamic Dual Economy Approach

Authors: Das, Sibarata, Mourmouras, Alex, Rangazas, Peter C.

  • Develops dynamic two-sector models to explain sector differences in productivity, wages, hours worked, fertility, and saving rates, and how structural transformation impacts economic growth
  • Augments the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation
  • Provides end-of-chapter questions to solidify main points for less advanced students and model-based problems for more advanced students
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eBook $69.99
price for USA (gross)
  • ISBN 978-3-319-14265-4
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $89.99
price for USA
  • ISBN 978-3-319-14264-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $89.99
price for USA
  • ISBN 978-3-319-35795-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this Textbook

Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. This book is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach. Towards this end, the authors augment the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation, creating a single two-sector model of structural transformation. Based on applied research and practical experiences in macroeconomic development, the model in this book presents a more rigorous, quantifiable, and explicitly dynamic dual economy approach to development. Common microeconomic foundations and notation are used throughout, with each chapter building on the previous material in a continuous flow. With its single model and focus on data and policy analysis, this text is intended for beginning graduate students and policy makers interested in economic development.

Table of contents (9 chapters)

  • Overview

    Das, Sibabrata (et al.)

    Pages 1-8

  • Neoclassical Growth Theory

    Das, Sibabrata (et al.)

    Pages 11-50

  • Extensions to Neoclassical Growth Theory

    Das, Sibabrata (et al.)

    Pages 51-89

  • Two-sector Growth Models

    Das, Sibabrata (et al.)

    Pages 91-120

  • Wage and Fertility Gaps in Dual Economies

    Das, Sibabrata (et al.)

    Pages 123-160

Buy this book

eBook $69.99
price for USA (gross)
  • ISBN 978-3-319-14265-4
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $89.99
price for USA
  • ISBN 978-3-319-14264-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $89.99
price for USA
  • ISBN 978-3-319-35795-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Economic Growth and Development
Book Subtitle
A Dynamic Dual Economy Approach
Authors
Series Title
Springer Texts in Business and Economics
Copyright
2015
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-14265-4
DOI
10.1007/978-3-319-14265-4
Hardcover ISBN
978-3-319-14264-7
Softcover ISBN
978-3-319-35795-9
Series ISSN
2192-4333
Edition Number
1
Number of Pages
X, 272
Number of Illustrations and Tables
8 b/w illustrations, 8 illustrations in colour
Topics