LEADER 03042oam 22006133a 450 001 9910779830503321 005 20190503073425.0 010 $a0-262-28125-2 010 $a0-585-44262-2 035 $a(CKB)111056485416682 035 $a(OCoLC)50757511 035 $a(SSID)ssj0000108896 035 $a(PQKBManifestationID)11129575 035 $a(PQKBTitleCode)TC0000108896 035 $a(PQKBWorkID)10044761 035 $a(PQKB)10181760 035 $a(MiAaPQ)EBC3338430 035 $a(OCoLC)906261436$z(OCoLC)923251588 035 $a(OCoLC-P)906261436 035 $a(MaCbMITP)1519 035 $a(Au-PeEL)EBL3338430 035 $a(CaPaEBR)ebr2001025 035 $a(OCoLC)923251588 035 $a(EXLCZ)99111056485416682 100 $a20131113h20022000 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aBarriers to riches /$fStephen L. Parente and Edward C. Prescott 205 $a1st MIT Press ed. 210 $aCambridge, Mass. ;$aLondon $cMit$d2002, ©2000 215 $a1 online resource (183 p.) 225 1 $aThe Walras-Pareto lectures ;$v3 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-262-66130-6 311 $a0-262-16193-1 320 $aIncludes bibliographical references (p. [151]-156) and index. 330 $aWhy isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches, Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries erect barriers to the efficient use of readily available technology. The purpose of these barriers is to protect industry insiders with vested interests in current production processes from outside competition. Were this protection stopped, rapid TFP growth would follow in the poor countries, and the whole world would soon be rich. Barriers to Riches reflects a decade of research by the authors on this question. Like other books on the subject, it makes use of historical examples and industry studies to illuminate potential explanations for income differences. Unlike these other books, however, it uses aggregate data and general equilibrium models to evaluate the plausibility of alternative explanations. The result of this approach is the most complete and coherent treatment of the subject to date. 410 0$aWalras-Pareto lectures ;$v3. 606 $aEconomic development 610 $aECONOMICS/Trade & Development 610 $aECONOMICS/Political Economy 615 0$aEconomic development. 676 $a338.9 700 $aParente$b Stephen L$0614103 701 $aPrescott$b Edward C$0127092 801 0$bOCoLC-P 801 1$bOCoLC-P 906 $aBOOK 912 $a9910779830503321 996 $aBarriers to riches$938632 997 $aUNINA