How Long to Read Barriers to Riches

How Long Does it Take to Read Barriers to Riches?

It takes the average reader 3 hours and 14 minutes to read Barriers to Riches by Stephen L. Parente

Assuming a reading speed of 250 words per minute. Learn more

Description

Why isn't the whole world as rich as the United States? Conventional views holds that differences in the share of output invested by countries account for this disparity. Not so, say Stephen Parente and Edward Prescott. In Barriers to Riches, Parente and Prescott argue that differences in Total Factor Productivity (TFP) explain this phenomenon. These differences exist because some countries erect barriers to the efficient use of readily available technology. The purpose of these barriers is to protect industry insiders with vested interests in current production processes from outside competition. Were this protection stopped, rapid TFP growth would follow in the poor countries, and the whole world would soon be rich. Barriers to Riches reflects a decade of research by the authors on this question. Like other books on the subject, it makes use of historical examples and industry studies to illuminate potential explanations for income differences. Unlike these other books, however, it uses aggregate data and general equilibrium models to evaluate the plausibility of alternative explanations. The result of this approach is the most complete and coherent treatment of the subject to date.

How long is Barriers to Riches?

Barriers to Riches by Stephen L. Parente is 188 pages long, and a total of 48,504 words.

This makes it 63% the length of the average book. It also has 59% more words than the average book.

How Long Does it Take to Read Barriers to Riches Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 25 minutes to read Barriers to Riches aloud.

What Reading Level is Barriers to Riches?

Barriers to Riches is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Barriers to Riches?

Barriers to Riches by Stephen L. Parente is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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