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Long run growth experienced - PowerPoint PPT Presentation


ITFD Growth and Development

ITFD Growth and Development

ITFD Growth and Development. LECTURE SLIDES SET 0 Professor Antonio Ciccone. Economic Growth: Important Facts. (1) Long Run Growth in the World (2) Balanced Growth in the US? (3) Long Run Effect of Growth Differentials (4) Spanish Economic Growth Compared

By guy-mayer
(155 views)

Economic Growth: Important Facts

Economic Growth: Important Facts

Economic Growth: Important Facts. (1) Long Run Growth in the World (2) Balanced Growth in the US? (3) Long Run Effect of Growth Differentials (4) Spanish Economic Growth Compared (5) World Income Distribution (Stability and Differences Rich/Poor)

By bert-duke
(123 views)


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Long-Run Growth

Long-Run Growth

Long-Run Growth. Robert Lucas.

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Long-Run Growth

Long-Run Growth

Long-Run Growth. Economic Growth. Economic growth refers to an increase in the total output of an economy. Defined by some economists as the increase of real GDP per capita.

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Long-Run Economic Growth

Long-Run Economic Growth

Long-Run Economic Growth. Potential Real GDP. Actual GDP. Potential GDP. The Business Cycle. Some Basic Business Cycle Definitions. The Business Cycle. The Business Cycle. How Do We Know When the Economy Is in a Recession?. The U.S Business Cycle. What Happens during the Business Cycle?.

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Long-Run Economic Growth

Long-Run Economic Growth

Long-Run Economic Growth. Real GDP per Capita. Key statistic to track economic growth Real GDP (adjusted for inflation) per capita (to remove effect of population changes) Income of “typical” family normally grows in proportion to per capita income. Growth Rates.

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Long-Run Economic Growth

Long-Run Economic Growth

Long-Run Economic Growth. Prof Mike Kennedy. Growth experiences: Three large groups of countries. Growth experiences: The developing world. Growth experiences: Advanced economies seem to move together. Why growth matters: Small changes make a big difference over a lifetime.

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Chp6: Long-Run Economic Growth

Chp6: Long-Run Economic Growth

Chp6: Long-Run Economic Growth. Focus: Determinants of Long Run Growth Rate and Standard of Living Growth Accounting Neo-Classical Growth Model Endogenous Growth Model. Growth Accounting. Growth Accounting: Decomposition of growth in output in terms of its sources.

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Sources of Long-run Growth

Sources of Long-run Growth

Sources of Long-run Growth. Chapter 8-2. Ultimate Source of Growth. Long-run growth depends almost entirely on one ingredient: Rising Productivity. Productivity. Labor productivity, often referred to simply as productivity, is output per worker. Population Growth.

By lilli (359 views)

Infrastructure and Long Run Economic Growth

Infrastructure and Long Run Economic Growth

Infrastructure and Long Run Economic Growth. David Canning Infrastructure and Growth: Theory, Empirical Evidence and policy Lessons Cape Town 29-31 May 2006. Theory. Public goods Raises issues of level of provision This argument is weakening with new technology

By adair (174 views)

Infrastructure and Long Run Economic Growth

Infrastructure and Long Run Economic Growth

Infrastructure and Long Run Economic Growth. David Canning Infrastructure and Growth: Theory, Empirical Evidence and policy Lessons Cape Town 29-31 May 2006. Theory. Public goods Raises issues of level of provision This argument is weakening with new technology

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