Bridging the Gap Between Growth Theory and Policy in Asia: An Extension of the Solow Growth Model

Download or read book Bridging the Gap Between Growth Theory and Policy in Asia: An Extension of the Solow Growth Model written by Singh, Rup and published by IGI Global. This book was released on 2014-03-31 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although economic growth is amongst the oldest of debates in Economics, there has been little advancement in growth theory since the classic works of Solow. As such, clear-cut answers to the context-specific determinants of growth, especially for developing countries, are rare. Bridging the Gap Between Growth Theory and Policy in Asia: An Extension of the Solow Growth Model adds to the works of Solow by showing how his original model can be extended and used for policy, discussing issues in growth econometrics, including the theoretical underpinnings of growth models, and some of the important challenges in empirical studies on economic growth. This simpler manual will be highly useful for applied economists, policy makers, and graduate students.