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About this product
- DescriptionThe conditions for sustainable growth and development are among the most debated topics in ecomics, and the consensus is that institutions matter greatly in explaining why some ecomies are more successful than others over time. Understanding Long-Run Ecomic Growth explores the relationship between ecomic conditions, growth, and inequality, with a focus on how the mopolization of resources by the political elite limits incentives for ordinary people to invest in human capital or techlogical discovery. Among the topics discussed are the development of credit markets in France, the evolution of transportation companies in the United Kingdom and the United States, and the organization of invation in the United States.
- Author BiographyDora L. Costa is professor of economics at the University of California, Los Angeles; associate director of the California Population Research Center; and a research associate and director of the Cohort Studies Working Group at the NBER. Naomi R. Lamoreaux is professor of economics and history at Yale University, a fellow of the American Academy of Arts and Sciences, and a research associate of the NBER.
- PublisherThe University of Chicago Press
- Date of Publication13/09/2011
- SubjectEconomics: Professional & General
- Series TitleNational Bureau of Economic Research Conference Report
- Place of PublicationChicago, IL
- Country of PublicationUnited States
- ImprintUniversity of Chicago Press
- Content Note27 line drawings, 69 tables
- Weight680 g
- Width152 mm
- Height229 mm
- Spine30 mm
- Edited byDora L. Costa,Naomi R. Lamoreaux
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