Some Macroeconomics for the 21st Century
By Robert E. Lucas. 2000
328 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/9c74b0ae587eb3bbb6421a5bfd76eb81bf67df9a
How researchers see this paper
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In Economics and Econometrics
- Charles I. Jones
- L. R. Ngai
- Diego Restuccia
- Xiaodong Zhu
- Salvador Barrios
- Robert Tamura
- Eric Strobl
- W. Naudé
Citations in the corpus
- If Technology Has Arrived Everywhere, Why Has Income Diverged? (2013, neutral): “9 between Western countries and the rest of the world since the Industrial Revolution. Hence, most of the variation (82%) in the income gap between Western and non-Western countries in the last two centuries is accounted for. The simulation does also well in replicating the time series income evolut”
- Globalization and Inequality: Historical Trends (2001, background): “Lucas (2000) describes how divergence might coincide with globalization, in the context of a simple general model.”
- R/D, Implementation, and Stagnation: A Schumpeterian Theory of Convergence Clubs (2005, neutral): “Thus, for example Lucas (2000) believes that the great divergence is a transitory phenomenon, arising from the fact that different countries have made the transition to modern economic growth at different points in time.”
- Globalization in History: A Geographical Perspective (2001, background): “…addresses: N.F.R. Crafts Dept of Economic History London School of Economics Houghton Street London WCA 2AE, UK. email: n.crafts@lse.ac.uk A.J. Venables Dept of Economics London School of Economics Houghton Street London WCA 2AE, UK. email: a.j.venables@lse.ac.uk http://econ.lse.ac.uk/staff/ajv/ 2”
- The dynamics of regional inequalities (2009, methodology): “The next section present a simple growth model derived from Lucas (2000) where the transmission of growth occurs essentially through spillovers.”
- How to Measure the Unobservable: a panel technique for the analysis of TFP convergence (2005, neutral): “Remarkable differences in TFP have also been detected in highly integrated areas or across regions of a single country(2) and, nowadays, few economists would dispute these findings(3). More controversial is the question of whether such differences in TFP are constant or not – that is, whether TFP co”
- How Important are Capital and Total Factor Productivity for Economic Growth (2006, positive): “…procedure for all the series other than schooling, for which we assume constant arithmetic growth. worker.9 Some regions narrow the gap with the Western Countries, whereas other regions fall behind, a result similar to that emphasized by Quah (1996), Pritchett (1997), Jones (1997) and Lucas (2000).”
- The Facts of Economic Growth (2015, background): “Lucas (2000), in his “Macroeconomics for the 21st Century,” suggests that from the standpoint of the year 2100, the most striking fact of macroeconomics may end up being how many countries have moved close to the frontier.”
- The role of trade in structural transformation (2010, neutral): “As Matsuyama (1992) explains, the early industrialization of Belgium and New England was possible because of their agri1See, for example, Caselli (2005), Gollin, Parente, and Rogerson (2004), or Restuccia, Yang, and Zhu (2008).”
- Less Than 2 °C Warming by 2100 Unlikely (2017, positive): “For GDP per capita we use a Bayesian hierarchical model for all countries based on the idea of a world technology frontier (represented by the U.S. for the period of our data), towards which countries may converge 16 ; see Supplementary Information Figure 1.”