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The new growth theory and development economics: A survey

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  • Vernon Ruttan

Abstract

Since their emergence as distinct fields of inquiry in the early post-Second World War period there has been an uneasy relationship between growth economics and development economics. The emergence of a richer 'new growth economics' has opened up the possibilities of a more fruitful dialogue between the two subdisciplines. In spite of recent advances, particularly with respect to the human capital, an understanding of differences in growth rates and income levels across countries remains elusive. Further advances will require that growth economists broaden their research agenda to embrace a number of concepts that have become conventional in development economics.

Suggested Citation

  • Vernon Ruttan, 1998. "The new growth theory and development economics: A survey," Journal of Development Studies, Taylor & Francis Journals, vol. 35(2), pages 1-26.
    • Handle: RePEc:taf:jdevst:v:35:y:1998:i:2:p:1-26
    DOI: 10.1080/00220389808422562
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    Citations

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    Cited by:

    1. Klaus Wälde & Christina Wood, 2004. "The empirics of trade and growth: where are the policy recommendations?," International Economics and Economic Policy, Springer, vol. 1(2), pages 275-292, January.
    2. Vernon W. Ruttan, 2002. "Can Economic Growth Be Sustained? A Post‐Malthusian Perspective," Population and Development Review, The Population Council, Inc., vol. 28(1), pages 1-12, March.
    3. Agnieszka Gehringer, 2011. "Pecuniary Knowledge Externalities across European Countries—Are there Leading Sectors?," Industry and Innovation, Taylor & Francis Journals, vol. 18(4), pages 415-436.
    4. Mario Biggeri, 2003. "Key Factors of Recent Chinese Provincial Economic Growth," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 1(2), pages 159-183.
    5. Irz, Xavier T. & Roe, Terry L., 2000. "Growth Pattern, Sustainability And Trade In A Land Constrained Economy," 2000 Annual meeting, July 30-August 2, Tampa, FL 21762, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Łukasz Jabłoński, 2008. "Ewolucja poglądów na temat konwergencji w ekonomii rozwoju," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 5-6, pages 25-46.
    7. Ruttan, Vernon W., 2001. "Imperialism and competition in anthropology, sociology, political science and economics: a perspective from development economics," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 30(1), pages 15-29, January.
    8. Jonathan Temple, 2005. "Dual Economy Models: A Primer For Growth Economists," Manchester School, University of Manchester, vol. 73(4), pages 435-478, July.
    9. Vadym Konchyn, 2008. "Evolution of Ukrainian Economy: New Trade Theory Evidence," The IUP Journal of Applied Economics, IUP Publications, vol. 0(2), pages 80-110, March.
    10. Sunanda Sen, 2005. "Forum 2005," Development and Change, International Institute of Social Studies, vol. 36(6), pages 1011-1029, November.
    11. Jonathan Temple & Ludger Wößmann, 2006. "Dualism and cross-country growth regressions," Journal of Economic Growth, Springer, vol. 11(3), pages 187-228, September.
    12. Kenny, Charles & Williams, David, 2001. "What Do We Know About Economic Growth? Or, Why Don't We Know Very Much?," World Development, Elsevier, vol. 29(1), pages 1-22, January.
    13. Łukasz Jabłoński, 2011. "Kapitał ludzki w wybranych modelach wzrostu gospodarczego," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1-2, pages 81-103.
    14. Amal Ben Abdallah & Sourour Guidara & Rima Aloulou & Maha Kalai & Kamel Helali, 2024. "Investigating the relationship between inflation and economic growth in Mauritania: an empirical analysis using the regime change model," SN Business & Economics, Springer, vol. 4(1), pages 1-25, January.
    15. Agbarakwe, Ugochukwu Henry & Anowor, Oluchukwu F, 2018. "Government Intervention and Economic Development: Lessons from Songhai Development Initiative Farm in Rivers State, Nigeria," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 4(1), pages 13-21, 01-2018.
    16. repec:got:cegedp:101 is not listed on IDEAS
    17. Javed A. Ansari & Rafique A. Khan, 1999. "Social Democratic Reform Proposals and the Future of Capitalism," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 38(4), pages 1211-1232.
    18. Sonali Deraniyagala & Ben Fine, 2000. "New Trade Theory Versus Old Trade Policy: A Continuing Enigma," Working Papers 102, Department of Economics, SOAS University of London, UK.
    19. Diana Barros (a) Aurora A.C. Teixeira (b), 2021. "A Portrait of Development Economics in the Last Sixty Years," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 46(2), pages 69-118, June.

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