rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Barriers to riches
  name:
    name part: Parente, Stephen L.
    role:
      role term: creator
  name:
    name part: Prescott, Edward C.
  type of resource: text
  genre: bibliography
  genre: Electronic books.
  origin info:
    place:
      place term: mau
    place:
      place term: Cambridge, Mass
    place:
      place term: London
    publisher: Mit
    date issued: 2002, ©2000
    date issued: 2002
    copyright date: 2000
    edition: 1st MIT Press ed.
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource (xvii, 164 pages) : illustrations.
  abstract: 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.
  note: Stephen L. Parente and Edward C. Prescott.
  subject:
    topic: Economic development
  subject:
    topic: ECONOMICS/Trade & Development
  subject:
    topic: ECONOMICS/Political Economy
  classification: HD75 .P375 2002
  classification: 338.9
  identifier: 0262281252
  identifier: 9780262281256
  identifier: 0262661306
  identifier: 9780262661300
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: OCoLC-P
    record creation date: 131113
    record change date: 20221121162526.4
    record identifier: in00004601708
    language of cataloging:
      language term: eng