Economic Growth: Edition 4

In addition to thorough updates to the data throughout the book, this fourth edition responds to new research in the field since the last edition. Major changes include:

• new material on labor’s share of income
• updated material on health and education
• updated material on the impact of trade on productivity
• a heavily revised chapter on government, including an expanded section on legacy effects of colonialism
• a heavily revised chapter on income inequality, including an expanded section on mobility
• a heavily revised chapter on culture, including an expanded section on persistent effects of geographical factors
• updated material on climate change, including an expanded discussion of outcomes and policies related to global warming
• updated online learning resources

With its comprehensive and flexible organization, Economic Growth is ideal for a wide array of courses, including undergraduate and graduate courses in economic growth, economic development, macroeconomic theory, applied econometrics, and development studies.