Abstract In 2018, Paul Romer and William Nordhaus shared the Sveriges Riksbank Prize in
Economic Sciences in Memory of Alfred Nobel. Romer was recognized “for integrating …

This paper contains a selective survey of the empirical literature on growth and
convergence. After reviewing some stylized facts and developing a framework for empirical …

Creating a Learning Society: A New Approach to Growth, Development, and Social Progress,
Reader's Edition Page 1 Creating a Learning Society KENNETH J. ARROW LECTURE SERIES …

The relationship between foreign direct investment (FDI), trade openness and economic
growth in host countries remains one of the most important issues in the economic literature …

Growth in this model is driven by technological change that arises from intentional
investment decisions made by profit-maximizing agents. The distinguishing feature of the …

This paper describes two strands of work that converged under the heading of 'endogenous
growth.'One strand, which is primarily empirical, asks whether there is a general tendency …

We analyze a model economy with many agents, each with a different productivity level.
Agents divide their time between two activities: producing goods with the production-related …

This essay relates recent developments in growth theory to problems and ideas that first
engaged RF Harrod, E. Domar, and their neoclassical successors. The body of 'new growth …

We model the invention of new technologies and their diffusion across countries. In our
model all countries grow at the same steady‐state rate, with each country's productivity …

In this book the Nobel Prize-winning economist Robert Lucas collects his writings on
economic growth, from his seminal On the Mechanics of Economic Development to his …