Readings by Other Authors for Econ 705

The following readings by other authors may be downloaded here in PDF format.

Section 2

Parente, Stephen, and Edward Prescott. "Changes in the Wealth of Nations." Federal Reserve Bank of Minneapolis Quartely Review, 1993.

NEW! Update of Parent and Prescott using data from PWT v. 9.0.

Pritchett, Lant, “Divergence, Big Time.” Journal of Economic Perspectives 11, 3 (Summer 1997): 3– 17.

Sala-i-Martin, "The World Distribution of Income: Falling Poverty and ... Convergence, Period." Quarterly Journal of Economics, 2005.

Summers, Robert, and Heston, Alan. “The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988.” Quarterly Journal of Economics 108 (May 1991): 327 – 68.

Section 3

North, Douglas. Structure and Change in Economic History. Chapter 7: "The First Economic Revoluion".


Section 4

Barro, Robert. On the Determinants of Economic Growth. Chapter 1 and Chapter 2.

Jones, Charles. “On the Evolution of the World Income Distribution.” Journal of Economic Perspectives 11, 3 (Summer 1997): 19–36.

Mankiw, Greg. “The Growth of Nations.” Brookings Papers on Economic Activity Part 1, 1995, pp. 275-326.

Solow, Robert. "Technnical Change and the Aggregate Production Function." Review of Economics and Statistics, 39, no. 3 (August 1957): 312–320.

Section 5

Acemoglu, Daron, and Simon Johnson, "Disease and Development: The Effect of Life Expectancy on Economic Growth." Journal of Political Economy 115 (December 2007): 925 – 985.

Dasgupta, Partha, “The Population Problem: Theory and Evidence.” Journal of Economic Literature, December, 1995.

Kremer, Michael, “Population Growth and Technological Change: One Million B. C. to the Present,” Quarterly Journal of Economics 108 (August 1993): 681 – 716.

Romer, Paul, “Why Indeed in America? Theory, History, and the Origins of Modern Economic Growth.” American Economic Review 86 (May 1996): 202 – 06.

Tranter, Neil. Three Papers by Tucker, Gray, and Rickards.

Section 6

Goodfriend, Marvin, and McDermott, John, “Early Development,” American Economic Review 85 (March 1995): 116 - 133.

Kremer, Michael. “The O-Ring Theory of Economic Development”. Quarterly Journal of Economics 108 (August 1993): 551–575.

John McDermott. "Negative Growth: Sophistication and Familiarity". Working paper, November 2008.

Romain Wacziarg. “Review of Easterly’s Elusive Quest for Growth” Journal of Economic Literature Vol XL (September 2002): 907-918.

Section 7

Acemoglu, D., J. Robinson, and P. Yared, "Income and Democracy", American Economic Review 98 (June 2008): 808 - 842.

Baumol, W., “Entrepreneurship: Productive, Unproductive, and Destructive,” Journal of Political Economy, 98 (October 1990): 893 – 921.

Breuer, J. B., and John McDermott, "Economic Depression in the World". Working Paper, USC, 2011.

Breuer, J. B., and John McDermott, "Respect, Responsibility, and Development". Journal of Development Economics, 2012.

Bruton, Henry, "A Reconsideration of Import Substitution". Journal of Economic Literature 36 (June 1998): 903 – 36.

Hall, Robert, and Charles Jones, "Why Do Some Countries Produce So Much More Output Per Worker Than Others?" Quarterly Journal of Economics 154 (February 1999): 83 – 116.

Murphy, K., Shleifer, A., and Vishny, R., “The Allocation of Talent: Implications for Growth,” Quarterly Journal of Economics 106 (May 1991): 503 – 30.

Shleifer, A., and Vishny, R., “Corruption,” Quarterly Journal of Economics 108 (August 1993): 599 – 617.

McDermott, John. “Mercantilism and Modern Growth.” Journal of Economic Growth (March 1999): 55 – 81.

McDermott, John, “Exploitation and Growth.” Journal of Economic Growth 2 (September 1997): 251 – 278.

Mauro, Paulo. “Corruption and Growth.” Quarterly Journal of Economics CX (August 1995): 681 – 712.

Section 8

1. Acemoglu, Daron, Simon Johnson, James A. Robinson, and Pierre Yared. "Income and Democracy". American Economic Review, (June 2008): 808 - 842.

Basu, Kaushik. "Globalization and the Politics of International Finance: The Stiglitz Verdict." Journal of Economic Literature 41 (September 2003): 885– 899.

Kristoff, Nicholas. "Cambodian Workers and Globalization." New York Times, January 14, 2003.

Goodfriend, Marvin, and McDermott, John, “Industrial Development and the Convergence Question”, American Economic Review, December 1998.

Arrow, et al. "Are We  Consuming Too Much?" Journal of Economic Literature, 18 / 3, pp. 1147 - 172, Summer 2004.

Section 9

Acemoglu, Daron, Johnson, Simon, and Robinson, James, “Reversal of Fortune: Geography and Institutions in the Making of Modern World Income Distribution.” Quarterly Journal of Economics CXVII (November 2002): 1231 – 1264.

Acemoglu, Daron, Johnson, Simon, and Robinson, James, “The Colonial Origins of Comparative Development: An Empirical Investigation.” American Economic Review 91 (2001).

McArthur, John, and Sachs, Jeffrey, “Institutions and Geography: A Comment on Acemoglu, Johnson, and Robinson.” NBER Working Paper 8114, February 2001.

Sachs, Jeffrey. “Tropical Underdevelopment.” CID Working Paper, December 2000.

Sachs, Jeffrey. “Institutions Don’t Rule: Direct Effects of Geography on Per Capita Income.” NBER Working Paper 9490. February 2003.