GROWTH, DISTRIBUTION AND TECHNOLOGICAL CHANGE

Growth, Development, and Technological Change

Growth, Development, and Technological Change The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of economic growth and development. In this chapter we survey important contributions in the field by focussing on the basic structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important im...

Technological change, productivity growth, and unemployment

Constructing total factor productivity growth numbers free of the effects of business cycle variations is, as the large recent literature on the topic has shown, a difficult exercise. But the trend evolutions are clear. In most countries, TFP growth has been lower-often much lower-than it was before the mid-1970s. And the decrease in the underlying TFP growth rate appears to have been quite abr...

Technological Change and Technological Strategy

Technological progress, structural change and productivity growth: a comparative study

The relationship between the economic structure of a country and its productivity growth has received a lot of attention in recent decades. For instance, several theoretical models in this area now suggest that countries that specialize in technologically progressive industries will enjoy high rates of growth compared to other countries. This paper focuses on the impact of specialization and st...

Economic Growth, Technological Change, and Human Well-Being

if present trends continue, the world in 2000 will be more crowded, more polluted, less stable ecologically, and more vulnerable to disruption than the world we live in now. Serious stresses involving population, resources, and environment are clearly visible ahead. Despite greater material output, the world’s people will be poorer in many ways than they are today. The Global 2000 Report to the...