that leads to the stabilization of concentrations at 450 ppm. (2) North and South converge to a path of sustained growth at … year while South’s rates of growth are markedly higher. The transition paths require a drastic reduction of the share of … education in South. Surprisingly, in order to sustain North’s utility growth rate, some output must be transferred from South to …

Some natural resources—oil and minerals in particular—exert a negative and nonlinear impact on growth via their …

We study a dynamic model where growth requires both long-term investment and the selection of talented managers. When …

We find that trade and domestic market size are robust determinants of economic growth over the 1960-1996 period when … openness') however, trade and the size of domestic markets are often non-robust determinants of growth. We argue that real …

incentive to accumulate knowledge. As a result, countries with large barriers experience lower income and growth. Our results … level and growth of income. …

environment. We reject discounted utilitarianism and adopt, first, the Pure Sustainability Optimization (or Intergenerational … Maximin) criterion, and, second, the Sustainable Growth Optimization criterion, that maximizes the utility of the first … generation subject to a given future rate of growth. We apply these criteria to our calibrated model via a novel algorithm …

This paper studies the dynamic relationship between distribution and endogenous growth in an overlapping generations … per capita growth rates and inequality in the distribution of income. Family background effects and spillovers in the … stability of a constant growth equilibrium with a stationary distribution are derived. Increasing returns, idiosyncratic …

We investigate the impact of 20th--century European colonization on growth in Africa. We find that in the 1960 …--88 period growth has been faster for dependencies than for colonies; for British and French colonies than for Portuguese … growth accelerates after decolonization. Proxies for colonial heritage add explanatory power to growth regressions and make …

? We argue that if this was the case, financially developed countries should see faster growth in industries with … investment opportunities due to global demand and productivity shifts. Testing this cross-industry cross-country growth …