Finance, Research, Education and Growth

  • Luigi Paganetto
  • Edmund S. Phelps

Table of contents

  1. Front Matter
    Pages i-xviii
  2. Finance and Growth

    1. Front Matter
      Pages 1-1
    2. Darius Palia, Edmund S. Phelps
      Pages 25-37
    3. Giancarlo Marini, Pasquale Scaramozzino
      Pages 38-48
  3. Research and Growth

    1. Front Matter
      Pages 49-49
    2. Charles I. Jones
      Pages 51-74
    3. Luigi Paganetto, Pasquale Lucio Scandizzo
      Pages 90-104
    4. Daniele Archibugi, Jonathan Michie
      Pages 133-156
  4. Education and Growth

    1. Front Matter
      Pages 157-157
    2. Edmund S. Phelps
      Pages 196-199

About this book


A crucial issue in the era of globalisation and internationalization, is whether the relationship between investment and finance is beneficial to growth and development. Received wisdom is that Research and Development is essential not only for maintaining productivity, but also for competing in the marketplace. Similar questions have been raised about education and its rate of 'social return; is education necessary for improving the skill of the workforce, or does it serve primarily to facilitate the adoption of these new technologies? This book brings together a case of leading international scholars to analyze the importance of education, research and human capital and the impact of financial systems on growth and development.


business cycle economic growth growth

Editors and affiliations

  • Luigi Paganetto
    • 1
  • Edmund S. Phelps
    • 2
  1. 1.University of Rome ‘Tor Vergata’Rome
  2. 2.Department of EconomicsColumbia UniversityNew YorkUSA

Bibliographic information

Industry Sectors
Finance, Business & Banking