Introduction to Modern Economic Growth
18.1.
18.2.
18.3.
18.4.
18.5.
Part 6.
The Bewley-Aiyagari Model
Risk, Diversification and Growth
Taking Stock
References and Literature
Exercises
Technology Diffusion, Trade and Interdependences
711
711
711
711
711
713
Chapter
19.1.
19.2.
19.3.
19.4.
19.5.
19.6.
19.7.
19.8.
19.9.
19.10.
19. Diffusion of Technology
Importance of Technology Adoption and Diffusion
A Benchmark Model of Technology Diffusion
Human Capital and Technology
Technology Diffusion and Endogenous Growth
Appropriate Technology and Productivity Differences
Inappropriate Technologies
Endogenous Technological Change and Appropriate Technology
Taking Stock
References and Literature
Exercises
715
715
715
715
716
716
717
718
723
723
723
Chapter
20.1.
20.2.
20.3.
20.4.
20.5.
20.6.
20.7.
20.8.
20. Trade, Technology and Interdependences
Trade, Specialization and the World Income Distribution
Trade, Factor Price Equalization and Economic Growth
Trade, Technology Diffusion and the Product Cycle
Learning-by-Doing, Trade and Growth
Trade and Endogenous Technological Change
Taking Stock
References and Literature
Exercises
725
725
731
732
736
736
736
736
736
Part 7.
Economic Development and Economic Growth
737
Chapter
21.1.
21.2.
21.3.
21.4.
21.5.
21.6.
21.7.
21.8.
21. Structural Change and Economic Growth
Non-Balanced Growth: The Demand Side
Non-Balanced Growth: The Supply Side
Structural Change: Migration
Structural Change: Transformation of Productive Relationships
Towards a Unified Theory of Development and Growth
Taking Stock
References and Literature
Exercises
Chapter 22. Poverty Traps, Inequality and Financial Markets
22.1. Multiple Equilibria From Aggregate Demand Externalities
viii
739
739
743
743
743
743
743
743
743
745
745