Economic Growth: its processes, causes and consequences for national welfare

The project involves joint authorship of an Oxford University Press book on economic growth, analysing diverse approaches to economic growth, including neo-classical growth theory, the 'new' theory of endogenous growth and evolutionary approaches. It will relate theories to the evidence on long-run growth patterns and to econometric studies on post-war growth and development. Related research encompasses a current project investigating international comparisons real living standards and a new project investigating the causes of convergence and divergence in post-war economic growth. Finally, the project will examine the relationship between economic performance and living standards or well-being.