Intermediate goods and weak links in the theory of economic development

American Economic Journal: Macroeconomics

Volumn 3, Issue 2, 2011, Pages 1-28

  Jones, Charles I ^a,b  

^a STANFORD UNIVERSITY   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 79955626101     PISSN: 19457707     EISSN: 19457715     Source Type: Journal    
DOI: 10.1257/mac.3.2.1     Document Type: Article

References (62)

1. Acemoglu, Daron, and Simon Johnson. 2005. "Unbundling Institutions." Journal of Political Economy, 113(5): 949-95.
2. Acemoglu, Daron, and James A. Robinson. 2005. Economic Origins of Dictatorship and Democracy. Cambridge, MA: Cambridge University Press.
3. Acemoglu, Daron, Simon Johnson, and James A. Robinson. 2001. "The Colonial Origins of Comparative Development: An Empirical Investigation." American Economic Review, 91(5): 1369-1401.
4. Armenter, Roc, and Amartya Lahiri. 2006. "Endogenous Productivity and DevelopmentAccounting." Unpublished.
5. Banerjee, Abhijit V., and Esther Duflo. 2005. "Growth Theory through the Lens of Development Economics." In Handbook of Economic Growth, Vol. 1A, ed. Philippe Aghion and Steven N. Durlauf, 473-552. Amsterdam: Elsevier.
6. Bartelsman, Eric, John Haltiwanger, and Stefano Scarpetta. 2008. "Cross Country Differences in Productivity: The Role of Allocative Efficiency." www-leland.stanford.edu/group/...9/.../bartelsman_alloc_eff_july3108.pdf.
7. Basu, Susanto. 1995. "Intermediate Goods and Business Cycles: Implications for Productivity and Welfare." American Economic Review, 85(3): 512-31.
8. Becker, Gary S., and Kevin M. Murphy. 1992. "The Division of Labor, Coordination Costs, and Knowledge." Quarterly Journal of Economics, 107(4): 1137-60.
9. Benabou, Roland. 1996. "Heterogeneity, Stratification, and Growth: Macroeconomic Implications of Community Structure and School Finance." American Economic Review, 86(3): 584-609.
10. Blanchard, Olivier, and Michael Kremer. 1997. "Disorganization." Quarterly Journal of Economics, 112(4): 1091-1126.
11. Burstein, Ariel T., Joao C. Neves, and Sergio Rebelo. 2003. "Distribution Costs and Real Exchange Rate Dynamics during Exchange-Rate-Based Stabilizations." Journal of Monetary Economics, 50(6): 1189-1214.
12. Caselli, Francesco, and Wilbur John Coleman II. 2006. "The World Technology Frontier." American Economic Review, 96(3): 499-522.
13. Caselli, Francesco, and Nicola Gennaioli. 2005. "Dynastic Management." personal.lse.ac.uk/casellif/papers/dynastic.pdf.
14. Chamley, Christophe. 1986. "Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives." Econometrica, 54(3): 607-22.
15. Chari, V. V., Patrick J. Kehoe, and Ellen R. McGrattan. 1997. "The Poverty of Nations: A Quantitative Investigation." Federal Reserve Bank of Minneapolis Staff Report 204.
16. Chari, V. V., Patrick J. Kehoe, and Ellen R. McGrattan. 2007. "Business Cycle Accounting." Econometrica, 75(3): 781-836.
17. Chenery, Hollis, Sherman Robinson, and Moshe Syrquin. 1986. Industrialization and Growth: A Comparative Study. New York: Oxford University Press for the World Bank.
18. Ciccone, Antonio. 2002. "Input Chains and Industrialization." Review of Economic Studies, 69(3): 565-87.
19. Conley, Timothy G., and Bill Dupor. 2003. "A Spatial Analysis of Sectoral Complementarity." Journal of Political Economy, 111(2): 311-52.
20. Diamond, Peter A., and James A. Mirrlees. 1971. "Optimal Taxation and Public Production: I--Production Efficiency." American Economic Review, 61(1): 8-27.
21. Dupor, Bill. 1999. "Aggregation and Irrelevance in Multi-sector Models." Journal of Monetary Economics, 43(2): 391-409.
22. Eaton, Jonathan, and Samuel Kortum. 2002. "Technology, Geography, and Trade." Econometrica, 70(5): 1741-79.
23. Epifani, Paolo, and Gino A. Gancia. 2009. "Trade, Markup Heterogeneity and Misallocations." Center for Economic and Policy Research (CEPR) Discussion Paper 7217.
24. Erosa, Andres, Tatyana Koreshkova, and Diego Restuccia. 2006. "On the Aggregate and Distributional Implications of Productivity Differences Across Countries." Unpublished.
25. Gabaix, Xavier. 2005. "The Granular Origins of Aggregate Fluctuations." Unpublished.
26. Gollin, Douglas. 2002. "Getting Income Shares Right." Journal of Political Economy, 110(2): 458-74.
27. Grossman, Gene M., and Giovanni Maggi. 2000. "Diversity and Trade." American Economic Review, 90(5): 1255-75.
28. Hall, Robert E., and Charles I. Jones. 1999. "Why Do Some Countries Produce So Much More Output per Worker than Others?" Quarterly Journal of Economics, 114(1): 83-116.
29. Hirschman, Albert O. 1958. The Strategy of Economic Development. New Haven, CT: Yale University Press.
30. Horvath, Michael. 1998. "Cyclicality and Sectoral Linkages: Aggregate Fluctuations from Independent Sectoral Shocks." Review of Economic Dynamics, 1(4): 781-808.
31. Howitt, Peter. 2000. "Endogenous Growth and Cross-Country Income Differences." American Economic Review, 90(4): 829-46.
32. Hsieh, Chang-Tai, and Peter J. Klenow. 2007. "Misallocation and Manufacturing TFP in China and India." National Bureau of Economic Research Working Paper 13290.
33. Hsieh, Chang-Tai, and Peter J. Klenow. 2009. "Misallocation and Manufacturing TFP in China and India." Quarterly Journal of Economics, 124(4): 1403-48.
34. Hulten, Charles R. 1978. "Growth Accounting with Intermediate Inputs." Review of Economic Studies, 45(3): 511-18.
35. Jones, Charles I. 2010. "Misallocation, Economic Growth, and Input-Output Economics." http://www.stanford.edu/~chadj/shanghai050.pdf.
36. Jorgenson, Dale W., Frank M. Gollop, and Barbara M. Fraumeni. 1987. Productivity and U.S. Economic Growth. Cambridge, MA: Harvard University Press.
37. Judd, Kenneth L. 1985. "Redistributive Taxation in a Simple Perfect Foresight Model." Journal of Public Economics, 28(1): 59-83.
38. Klenow, Peter J., and Andrés Rodríguez-Clare. 1997. "The Neoclassical Revival in Growth Economics: Has It Gone Too Far?" In NBER Macroeconomics Annual 1997, ed. Ben S. Bernanke and Julio J. Rotemberg, 73-103. Cambridge, MA: MIT Press.
39. Klenow, Peter J., and Andrés Rodríguez-Clare. 2005. "Extenalities and Growth." In Handbook of Economic Growth, Vol. 1A, ed. Philippe Aghion and Steven N. Durlauf, 817-64. Amsterdam: Elsevier.
40. Kremer, Michael. 1993. "The O-Ring Theory of Economic Development." Quarterly Journal of Economics, 108(3): 551-75.
41. Lagos, Ricardo. 2006. "A Model of TFP." Review of Economic Studies, 73(4): 983-1007.
42. Leontief, Wassily W. 1936. "Quantitative Input and Output Relations in the Economic System of the United States." Review of Economics and Statistics, 18(3): 105-25.
43. Long, John B., Jr., and Charles I. Plosser. 1983. "Real Business Cycles." Journal of Political Economy, 91(1): 39-69.
44. Mankiw, N. Gregory, David Romer, and David N. Weil. 1992. "A Contribution to the Empirics of Economic Growth." Quarterly Journal of Economics, 107(2): 407-37.
45. Manuelli, Rodolfo E., and Ananth Seshadri. 2005. "Human Capital and the Wealth of Nations." http://www.ssc.wisc.edu/~manuelli/research/humcapw.
46. Marimon, Ramon, and Vincenzo Quadrini. 2006. "Competition, Innovation and Growth with Limited Commitment." www.urrutiaelejalde.org/WinterWorkshop/2007/marimon.pdf.
47. Milgrom, Paul, and John Roberts. 1990. "The Economics of Modern Manufacturing: Technology, Strategy, and Organization." American Economic Review, 80(3): 511-28.
48. Murphy, Kevin M., Andrei Shleifer, and Robert W. Vishny. 1989. "Industrialization and the Big Push." Journal of Political Economy, 97(5): 1003-26.
49. Nunn, Nathan. 2007. "Relationship-Specificity, Incomplete Contracts, and the Pattern of Trade." Quarterly Journal of Economics, 122(2): 569-600.
50. Parente, Stephen L., and Edward C. Prescott. 1999. "Monopoly Rights: A Barrier to Riches." American Economic Review, 89(5): 1216-33.
51. Parente, Stephen L., Richard Rogerson, and Randall Wright. 2000. "Homework in Development Economics: Household Production and the Wealth of Nations." Journal of Political Economy, 108(4): 680-87.
52. Prescott, Edward C. 1998. "Needed: A Theory of Total Factor Productivity." International Economic Review, 39(3): 525-51.
53. Restuccia, Diego, and Richard Rogerson. 2008. "Policy Distortions and Aggregate Productivity with Heterogeneous Establishments." Review of Economic Dynamics, 11(4): 707-20.
54. Restuccia, Diego, Dennis Tao Yang, and Xiaodong Zhu. 2006. "Agriculture and Aggregate Productivity: A Quantitative Cross-Country Analysis." Unpublished.
55. Rodríguez-Clare, Andrés. 1996. "Multinationals, Linkages, and Economic Development." American Economic Review, 86(4): 852-73.
56. Rodrik, Dani. 1996. "Coordination Failures and Government Policy: A Model with Applications to East Asia and Eastern Europe." Journal of International Economics, 40(1-2): 1-22.
57. Romer, Paul. 1994. "New Goods, Old Theory, and the Welfare Costs of Trade Restrictions." Journal of Development Economics, 43(1): 5-38.
58. Rosen, Sherwin. 1981. "The Economics of Superstars." American Economic Review, 71(5): 845-58.
59. Rotemberg, Julio J., and Michael Woodford. 1995. "Dynamic General Equilibrium Models with Imperfectly Competitive Product Markets." In Frontiers of Business Cycle Research, ed. Thomas F. Cooley, 243-93. Princeton, NJ: Princeton University Press.
60. Waugh, Michael E. 2007. "International Trade and Income Differences." Unpublished.
61. Yamano, Norihiko, and Nadim Ahmad. 2006. "The OECD Input-Output Database: 2006 Edition." OECD STI Working Paper 2006/8.
62. Yi, Kei-Mu. 2003. "Can Vertical Specialization Explain the Growth of World Trade?" Journal of Political Economy, 111(1): 52-102.