Large and sustained differences in marginal products of capital (MPKs) across countries are sharply at odds with the core implications of the neoclassical framework. Lucas (1990) and many subsequent studies have examined reasons for this MPK differential. In a recent contribution, Caselli and...

Machine generated contents note: Foreword by Sir John Templeton -- Author's Introduction -- Acknowledgments -- Chapter 1 Making Tracks: The Industrial Revolution, -- Canals, and Railways -- Chapter 2 Breaking Out: The Story of the U.S. Railroads -- Chapter 3 Investing at the Speed of Sound: --...

"[This book] provides an authoritative look at how green investments are shaping global economies. Highlighting emerging topics such as socio-economic systems, green performance strategies, forest ecosystems, and food security, this is a detailed reference resource for all practitioners,...