The Resource Barriers to riches, Stephen L. Parente and Edward C. Prescott
Barriers to riches, Stephen L. Parente and Edward C. Prescott
Resource Information
The item Barriers to riches, Stephen L. Parente and Edward C. Prescott represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of Missouri-St. Louis Libraries.This item is available to borrow from 1 library branch.
Resource Information
The item Barriers to riches, Stephen L. Parente and Edward C. Prescott represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of Missouri-St. Louis Libraries.
This item is available to borrow from 1 library branch.
- Summary
- Annotation Why isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches, Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries erect barriers to the efficient use of readily available technology. The purpose of these barriers is to protect industry insiders with vested interests in current production processes from outside competition. Were this protection stopped, rapid TFP growth would follow in the poor countries, and the whole world would soon be rich. Barriers to Riches reflects a decade of research by the authors on this question. Like other books on the subject, it makes use of historical examples and industry studies to illuminate potential explanations for income differences. Unlike these other books, however, it uses aggregate data and general equilibrium models to evaluate the plausibility of alternative explanations. The result of this approach is the most complete and coherent treatment of the subject to date
- Language
- eng
- Extent
- 1 online resource (xvii, 164 pages)
- Contents
-
- 5.
- Growth Theory with TFP Differences
- 6.
- Constraints on Firm Technologies and TFP
- 7.
- Evidence of Barriers to Efficiency
- 8.
- Monopoly Rights: A Theory of TFP Differences
- 9.
- Conclusion
- 1.
- Introduction
- 2.
- International Income Facts
- 3.
- Growth Theory with No TFP Differences
- 4.
- Growth Theory with a Human Capital Sector
- Isbn
- 9780585442624
- Label
- Barriers to riches
- Title
- Barriers to riches
- Statement of responsibility
- Stephen L. Parente and Edward C. Prescott
- Subject
-
- BUSINESS & ECONOMICS -- Development | Economic Development
- BUSINESS & ECONOMICS -- Development | General
- BUSINESS & ECONOMICS -- Government & Business
- BUSINESS & ECONOMICS -- Structural Adjustment
- Concurrence imparfaite
- Desenvolvimento econômico
- Développement économique
- Développement économique
- Economic development
- Economic development
- Economic development
- Economische ontwikkeling
- Electronic books
- Electronic books
- Handelsbelemmeringen
- POLITICAL SCIENCE -- Public Policy | Economic Policy
- Productivité
- Relations économiques internationales
- Richesse
- Technische ontwikkeling
- Économie du développement
- BUSINESS & ECONOMICS -- Development | Business Development
- Language
- eng
- Summary
- Annotation Why isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches, Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries erect barriers to the efficient use of readily available technology. The purpose of these barriers is to protect industry insiders with vested interests in current production processes from outside competition. Were this protection stopped, rapid TFP growth would follow in the poor countries, and the whole world would soon be rich. Barriers to Riches reflects a decade of research by the authors on this question. Like other books on the subject, it makes use of historical examples and industry studies to illuminate potential explanations for income differences. Unlike these other books, however, it uses aggregate data and general equilibrium models to evaluate the plausibility of alternative explanations. The result of this approach is the most complete and coherent treatment of the subject to date
- Cataloging source
- N$T
- http://library.link/vocab/creatorName
- Parente, Stephen L
- Dewey number
- 338.9
- Illustrations
- illustrations
- Index
- index present
- LC call number
- HD75
- LC item number
- .P375 2000eb
- Literary form
- non fiction
- Nature of contents
-
- dictionaries
- bibliography
- http://library.link/vocab/relatedWorkOrContributorName
- Prescott, Edward C
- Series statement
- Third Walras-Pareto lecture, University of Lausanne
- http://library.link/vocab/subjectName
-
- Economic development
- Développement économique
- POLITICAL SCIENCE
- BUSINESS & ECONOMICS
- BUSINESS & ECONOMICS
- BUSINESS & ECONOMICS
- BUSINESS & ECONOMICS
- BUSINESS & ECONOMICS
- Economic development
- Economic development
- Economische ontwikkeling
- Handelsbelemmeringen
- Technische ontwikkeling
- Desenvolvimento econômico
- Développement économique
- Concurrence imparfaite
- Relations économiques internationales
- Économie du développement
- Richesse
- Productivité
- Label
- Barriers to riches, Stephen L. Parente and Edward C. Prescott
- Bibliography note
- Includes bibliographical references (pages 151-156) and index
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
-
- 5.
- Growth Theory with TFP Differences
- 6.
- Constraints on Firm Technologies and TFP
- 7.
- Evidence of Barriers to Efficiency
- 8.
- Monopoly Rights: A Theory of TFP Differences
- 9.
- Conclusion
- 1.
- Introduction
- 2.
- International Income Facts
- 3.
- Growth Theory with No TFP Differences
- 4.
- Growth Theory with a Human Capital Sector
- Control code
- 51958126
- Dimensions
- unknown
- Extent
- 1 online resource (xvii, 164 pages)
- Form of item
- online
- Isbn
- 9780585442624
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other physical details
- illustrations.
- Specific material designation
- remote
- System control number
- (OCoLC)51958126
- Label
- Barriers to riches, Stephen L. Parente and Edward C. Prescott
- Bibliography note
- Includes bibliographical references (pages 151-156) and index
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
-
- 5.
- Growth Theory with TFP Differences
- 6.
- Constraints on Firm Technologies and TFP
- 7.
- Evidence of Barriers to Efficiency
- 8.
- Monopoly Rights: A Theory of TFP Differences
- 9.
- Conclusion
- 1.
- Introduction
- 2.
- International Income Facts
- 3.
- Growth Theory with No TFP Differences
- 4.
- Growth Theory with a Human Capital Sector
- Control code
- 51958126
- Dimensions
- unknown
- Extent
- 1 online resource (xvii, 164 pages)
- Form of item
- online
- Isbn
- 9780585442624
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other physical details
- illustrations.
- Specific material designation
- remote
- System control number
- (OCoLC)51958126
Subject
- BUSINESS & ECONOMICS -- Development | Economic Development
- BUSINESS & ECONOMICS -- Development | General
- BUSINESS & ECONOMICS -- Government & Business
- BUSINESS & ECONOMICS -- Structural Adjustment
- Concurrence imparfaite
- Desenvolvimento econômico
- Développement économique
- Développement économique
- Economic development
- Economic development
- Economic development
- Economische ontwikkeling
- Electronic books
- Electronic books
- Handelsbelemmeringen
- POLITICAL SCIENCE -- Public Policy | Economic Policy
- Productivité
- Relations économiques internationales
- Richesse
- Technische ontwikkeling
- Économie du développement
- BUSINESS & ECONOMICS -- Development | Business Development
Genre
Member of
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.umsl.edu/portal/Barriers-to-riches-Stephen-L.-Parente-and-Edward/k2WbLdguvxA/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.umsl.edu/portal/Barriers-to-riches-Stephen-L.-Parente-and-Edward/k2WbLdguvxA/">Barriers to riches, Stephen L. Parente and Edward C. Prescott</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.umsl.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.umsl.edu/">University of Missouri-St. Louis Libraries</a></span></span></span></span></div>
