TY  - BOOK
AU  - Barro, Robert J.
TI  - Determinants of economic growth: a cross-country empirical study 
T2  - Lionel Robbins lectures
SN  - 0262024217
AV  - HD75 .B365 1997
U1  - 338.9 21
PY  - 1997///
CY  - Cambridge, Mass.
PB  - The MIT
KW  - Economic development
KW  - Cross-cultural studies
KW  - Economic policy
N1  - Includes bibliographical references p. 131-139 and index
N2  - Hundreds of empirical studies on economic growth across countries have highlighted the correlation between growth and a variety of variables. Determinants of Economic Growth, based on Robert Barro's Lionel Robbins Memorial Lectures, delivered at the London School of Economics in February 1996, summarizes this important literature; The book contains three essays. The first is a survey of the research on the determinants of long-term growth through the estimation of panels of cross-country data. The second essay details the interplay between growth and political freedom or democracy and finds some evidence of a nonlinear relationship. At low levels of political rights, an expansion of rights stimulates growth; however, once a moderate level of democracy has been obtained, a further expansion of rights reduces growth. The final essay looks at the connection between inflation and economic growth. Its basic finding is that higher inflation goes along with a lower rate of economic growth
ER  -