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The Contributions of Endogenous Growth Theory to the Analysis of Development Problems: An Assessment

Pranab Bardhan

No 233382, Center for International and Development Economics Research (CIDER) Working Papers from University of California-Berkeley, Department of Economics

Abstract: In this paper we provide a critical assessment of the contributions of new growth theory to the theory of economic development. We focus positively on the new emphasis on fixed costs and nonconvexities in the process of introduction of new goods and technologies, particularly in the realm of trade and technological diffusion for a developing country, and on the formalization of coordination failures and inderdevelopment traps.

Keywords: International; Development (search for similar items in EconPapers)
Pages: 32
Date: 1994-07
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Related works:
Chapter: The Contributions of Endogenous Growth Theory to the Analysis of Development Problems: An Assessment (1998)
Chapter: The contributions of endogenous growth theory to the analysis of development problems: An assessment (1995) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ucbewp:233382

DOI: 10.22004/ag.econ.233382

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