Growth and Development Economics
Tuesday 12:45 - 14:15 in I-063
Lecture number: 800877
Time and Place: Mi 12-14   ZHG 101
Main Text: David Weil: Economic Growth, Pearson, 2009.
Course material for participants is available at the course material webpage
Course Plan
Theme I: Factor Accumulation
1. Introduction
Reference: Weil Chapter 1-2.
2. Capital Accumulation
Reference: Weil Chapter 3.1-3.4.
3. The Overlapping Generations Model
Reference: Acemoglu (2009) Introduction to Modern Economic Growth, Chapter 9.
4. Population and Economic Growth
Reference: Weil Chapter 4.1-4.2.
5. The Demographic Transition
Reference: Weil Chapter 4.3-4.5.
6. Human Capital: Health
Reference: Weil Chapter 6.1.
7. Human Capital: Education
Reference: Weil Chapter 6.2-6.3.
8. Why Doesn't Capital Flow from Rich to Poor Countries?
Reference: Lucas Jr, R., 1990, Why Doesn't Capital Flow from Rich to Poor Countries? American Economic Review, Vol. 80, 92-96.
Theme II: Productivity
1. Measuring Productivity
Reference: Weil Chapter 7.
2.The Role of Technology in Growth
Reference: Weil Chapter 8.
3. The Production of Technological Change
Reference: Weil Chapter 9.2-9.3
C. Jones, Introduction to Economic Growth, Norton, 1998, Chapter 5.
4. Technology and Growth in the Past
Reference: Weil Chapter 4.1 and 9.1
Michael Kremer, M., 1993, Population Growth and Technological Change: One Million B.C. to 1990, Quarterly Journal of Economics 108, 681-716.
5. The Production of Technological Change
Reference: Jones Chapter 5
Original article: Paul Romer, 1990, Endogenous Technological Change, Journal of Political Economy Vol. 98, 71-102
6. Creative Destruction
Reference: Philippe Aghion and Peter Howitt, 2006, Growth with Quality-Improving Innovations: An Integrated Framework , Handbook of Economic Growth, Chapter 2.1.
7. Structural Change
Reference: Weil Appendix to Chapter 10
Matsuyama, K., 1992, Agricultural Productivity, Comparative Advantage, and Long-Run
Growth, Journal of Economic Theory 58, 317-334.
8. Technology and Efficiency
Reference: Weil Chapter 10.
9. Openness, Diffusion of Technology, and Economic Growth
Reference: Weil Chapter 11.
Paul Krugman, 1979, A Model of Innovation, Technology Transfer, and the World Distribution of Income,
Journal of Political Economy 87, 253-266.