Introduction to Modern Economic Growth 18.1 18.2 18.3 18.4 18.5 Part The Bewley-Aiyagari Model Risk, Diversification and Growth Taking Stock References and Literature Exercises Technology Diffusion, Trade and Interdependences 711 711 711 711 711 713 Chapter 19.1 19.2 19.3 19.4 19.5 19.6 19.7 19.8 19.9 19.10 19 Diffusion of Technology Importance of Technology Adoption and Diffusion A Benchmark Model of Technology Diffusion Human Capital and Technology Technology Diffusion and Endogenous Growth Appropriate Technology and Productivity Differences Inappropriate Technologies Endogenous Technological Change and Appropriate Technology Taking Stock References and Literature Exercises 715 715 715 715 716 716 717 718 723 723 723 Chapter 20.1 20.2 20.3 20.4 20.5 20.6 20.7 20.8 20 Trade, Technology and Interdependences Trade, Specialization and the World Income Distribution Trade, Factor Price Equalization and Economic Growth Trade, Technology Diffusion and the Product Cycle Learning-by-Doing, Trade and Growth Trade and Endogenous Technological Change Taking Stock References and Literature Exercises 725 725 731 732 736 736 736 736 736 Part Economic Development and Economic Growth 737 Chapter 21.1 21.2 21.3 21.4 21.5 21.6 21.7 21.8 21 Structural Change and Economic Growth Non-Balanced Growth: The Demand Side Non-Balanced Growth: The Supply Side Structural Change: Migration Structural Change: Transformation of Productive Relationships Towards a Unified Theory of Development and Growth Taking Stock References and Literature Exercises Chapter 22 Poverty Traps, Inequality and Financial Markets 22.1 Multiple Equilibria From Aggregate Demand Externalities viii 739 739 743 743 743 743 743 743 743 745 745