Red X iconGreen tick iconYellow tick icon


    Examines theoretical and empirical aspects of economic growth and development, with emphasis on the role of institutions and human capital.

    This paper covers theories and evidence relating to the determinants of economic growth and development. The paper reviews neoclassical growth theories examining the accumulation of inputs, including the Overlapping Generations Model and the Ramsey-Cass-Koopmans Model, and theories that examine the "endogenous" development and transfer of technology. The paper also examines the institutional roots of economic growth and analyses alternative empirical models and experiments that have been used to test hypotheses about the determinants of economic growth and development arising from the theoretical literature.

    About this paper

    Paper title Growth, Institutions and Development
    Subject Economics
    EFTS 0.1667
    Points 20 points
    Teaching period Not offered in 2024 (On campus)
    Domestic Tuition Fees ( NZD ) $1,196.41
    International Tuition Fees Tuition Fees for international students are elsewhere on this website.
    ECON 375 and ECON 377
    ECON 428
    Recommended Preparation
    ECON 376
    Teaching staff

    To be advised when paper next offered.


    To be advised when paper next offered.

    Graduate Attributes Emphasised
    Global perspective, Interdisciplinary perspective, Lifelong learning, Scholarship, Communication, Critical thinking, Information literacy, Research, Self-motivation.
    View more information about Otago's graduate attributes.
    Learning Outcomes

    Students who successfully complete this paper will be able to:

    1. Manipulate standard growth models and appreciate their policy implications
    2. Read and critically assess recent empirical and experimental work in economic growth and development


    Not offered in 2024

    Teaching method
    This paper is taught On Campus
    Learning management system
    Back to top