economic growth. The theoretical literature has treated these two channels separately, with natural resources affecting growth … that in turn affect growth. Whether natural resources stimulate growth or induce a poverty-trap crucially depends on … inequality and higher cost of political participation, a high-growth and a poverty-trap equilibrium co-exist even with abundant …

Recent empirical studies find that the direct effect of corruption on growth is statistically insignificant. However … issue and offers a new perspective on growth effects of corruption and shows that direct and indirect growth effects of … growth effect of corruption. …

households have heterogeneous preferences, there is a balanced growth path on which all the optimality conditions of all …

The standard two-sector growth model with physical and human capital characterizes a process of material accumulation … involving simple dynamics; constant long run growth is observable when assuming conventional Cobb-Douglas production functions … choice rule that governs the decisions of individual agents, we propose a growth framework able to generate a significant …

In this paper I will examine the growth models of Romer (1986) and Lucas (1988) which constitute an important first … core to the endogenous growth theory, in order to understand the characteristics, to highlight the relationship between … knowledge and economic growth and / or emphasize the importance of human capital in the growth process. These models take …

This paper studies the relation between patterns of long-term economic growth and indeterminacy of equilibrium in an … endogenous growth model with human capital formation. By introducing sector-specific externalities and a non-separable utility … function into the Lucas model, we show that multiple balanced growth equilibria and indeterminacy of converging paths may …

The aim of this paper is to analyze the relationship between competition and growth in a model of human capital … specialization in order to have a better measure of competition. We find that the steady-state output growth rate depends on the … between competition and growth is inverse U shaped. This result that seems to be in line this empirical results (Aghion and …

Using sectoral growth accounting techniques from a structural perspective à la Lewis, the paper analyzes the structural …

We conduct a comprehensive study of macroeconomic modeling methods, new theories of economic growth and the impact of … technology and institutions on economic growth, in order to formulate the basic characteristics that are critical for efficient … usefulness in economic policy and forecasting. In the second chapter, we systematize the literature on endogenous economic growth …