Economic growth and economic development 9

Introduction to Modern Economic Growth
22.2.
22.3.
22.4.
22.5.
22.6.
22.7.
Chapter
23.1.
23.2.
23.3.
23.4.

Human Capital Accumulation with Imperfect Capital Markets
Income Inequality and Economic Development
Financial Development and Economic Growth
Taking Stock
References and Literature
Exercises

754
761
761
761
761
761

23. Population Growth and the Demographic Transition
Patterns of Demographic Changes
Population and Growth: Different Perspectives
A Simple Model of Demographic Transition

Exercises

763
763
763
763
763

Part 8.

Political Economy of Growth

765

Chapter 24. Institutions and Growth
24.1. The Impact of Institutions on Long-Run Development

767
767

Chapter
25.1.
25.2.
25.3.
25.4.

777
781
795
798

802

25. Modeling Non-Growth Enhancing Institutions
Baseline Model
Technology Adoption and Holdup
Inefficient Economic Institutions
Exercises

Chapter 26. Modeling Political Institutions
26.1. Understanding Endogenous Political Change
26.2. Exercises

803
803
815

Part 9.

817

Conclusions

Chapter 27. Putting It All Together: Mechanics and Causes of Economic
Growth

819

Chapter 28. Areas of Future Research

821

Part 10.

823

Chapter
29.1.
29.2.
29.3.

Mathematical Appendix

29. Review of Basic Set Theory
Open, Closed, Convex and Compact Sets
Sequences, Subsequences and Limits
Distance, Norms and Metrics

Chapter 30. Functions of Several Variables
30.1. Continuous Functions
30.2. Convexity, Concavity, Quasi-Concavity
ix

825
825
825
825
827
827
827