Education, Technological Progress and Economic Growth

Chapter 4 Technological Progress and Economic Growth

Technological Progress and Economic Transformation

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Economic Growth :Importance of Education and Technological Development

FOREWORD The purpose of this paper is to examine the lessons economists have learned about economic growth and development, particularly the lessons from crosscountry comparisons. The paper then asks how these lessons can be applied to regional/state growth and development within the United States. As it turns out, the similarities between countries and regions are many. Definitions of growth, ...

Energy consumption , technological progress and economic policy ∗

We rst provide an empirical study of the energy-saving technological progress on the ENERDATA database. Energy intensity is shown to decrease over the period 1971-1999 in OECD countries, indicating a signi cant energy-saving technical progress trend. We also show via semi-parametric partially linear estimations that: (i) this trend is positively correlated with the investment rate, and (ii) the...

Education, technical progress, and economic growth: the case of Taiwan

This paper investigates the effect of education and the role of technical progress on economic growth in Taiwan over the 1965–2000 period. A structural earnings function and indicator for average schooling years are applied to a measure of education, and a transcendental production function is used in the model. Findings reveal that education has a positive and significant effect on growth, but...