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The lectures will give an overall view of the economic thinking on what
factors determines the differences in the long-term economic growth rate
among various countries.
Students will learn progress in growth
theories starting from Slow-Swan model and explore various studies of
ggrowth accountingh trying to identify the sources of growth. It also
covers more recent development of gGrowth regressionsh.
Students will learn whether such
theories are supported by the actual country data in the past decades. You
use a simple regression model to identify which indicators have
significant impact on economic growth. You can also apply the same
regression model to different country groups.
Finally students will apply these
results to their specific countries to write a report on the strategies to
create economic growth.
Students planning to take this course are expected to read
the Web pages of
Economic Growth, and submit your preferences on the following
three items: (a) which country do you want
to examine as the case study of economic growth, and (b) which topic you want to study in detail in
creating such innovation system?
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Pre-Assignment: