Economics 270A,
Theory and Empirics of Economic growth
Fall 2009
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First part of The Course: Basic Models and Empirical methods Week 0,
Introduction: Some facts and Challenges of
Economic Growth Week 1 and 2: The basic Solow Model and its variations BS book
(Economic Growth, Second Edition, MIT press) Sections 1.1-1.2.1-1.2.6, 1.2.9. (or
Chapter 2 of the Ace book)
The Solow-Model based empirical methods: Regression analysis, growth
accounting and development accounting. Chapter 10, 11 and 12 of BS
book; Chapter 3 of Ace Book Lecture _3 (Mankiw Romer and Weil QJE 1992) Lecture 5 (Hansen and Prescott 2000)
Week
3 and 4:
Dynamic Optimization and the Neoclassical
Growth Model, One-Sector Model of Endogenous Growth: Physical Capital and
Growth BS
Chapter 2 and 3. Mainly
sections 2.1-2.6.5 and 3.2, 3.3 Mainly
Sections 4.1-4.4
Technological
Change: Models with Expanding variety of products
Technological
Change: Models with Improvements in the Quality of Products
Lectures 10-11
Second
Part of
the course: Topics from
the Acemoglu Book
Week
6:
Directed Technological Change
Chapter
15 of Acemoglu book and references there, especially:
Acemoglu
and Zilibotti 2001
Chapter
19 of Ace book and references there, especially:
Acemoglu
and Ventura 2002,
Frankel
and Romer 1999
Week
8: Structural Change and Economic growth Chapter 20 of Ace book and articles
cited there especially:
Acemoglu
and Guerrieri (2008)
Caselli
and Coleman (2001),
Gollin,
Parente and Rogerson (2001).
Week
9: Fundamental determinants of
differences in economics Performance
Ace
Book Chapter 4, and references there especially:
Hall
and Jones (1999),
Acemoglu, Johnson and Robinson, 2002 Acemoglu, Johnson and Robinson, 2001 and critique by
Weil
2007.
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