This volume brings together contributions to the new research on endogenous growth, with an emphasis on the role of government, open economy aspects and empirical issues. Growth theory is currently changing directions - the orthodox neoclassical approach is being modified and extended by models of endogenous growth. Along with fresh contributions from the field, this volume provides a survey of the topic.
Endogenous Growth covers aspects such as growth effects of different trade, tax and public investment policies, as well as lobbying activities. Moreover, the relationships between growth, talent and income distribution are explored from different perspectives. The emphasis is on the effects of egalitarianism both within and across generation.