Increasingly weightless economies
نویسنده
چکیده
In this article Danny T Quah examines how, when an economy grows, its patterns of production and consumption systematically change. He describes one such large-scale evolution, namely, the increasing weightlessness of aggregate output across advanced economies. In all fast-growing successful countries, growth in information technology has contributed positively both to increasing weightlessness and to economic growth. In the sample of countries studied here, the richer the country the higher the contribution to growth of information technology and services; in no country has manufacturing, as traditionally construed, continued to be as important.
منابع مشابه
Information, Knowledge and New Economy
Modern economy is based more and more on knowledge. Terms such as management of knowledge, organisational learning and intelligent organisations are becoming more widespread amongst world leading companies. Over the past few years, intangible resources, based on the exploitation of ideas, have turned progressively into the real motor behind developed economies, giving place to the so-called the...
متن کاملDemand-driven knowledge clusters in a weightless economy by
That knowledge and technology matter for economic growth and performance is widely accepted. However, most formal analyses of knowledge-driven economies have focused on the supply side: productivity, and research and development. In modern high-tech economies where information and communications technologies figure prominently, just as important is the demand side of markets for goods akin to k...
متن کاملThe human capital transition and the role of policy
A potentially important source of green growth in the future is the expansion of the weightless or dematerialised knowledge economy. Along with information and communication technology (ICT) and infrastructure, and the innovation system, human capital is a key pillar of this knowledge economy with its scope for increasing returns. With this in mind, the purpose of this paper is to investigate h...
متن کاملTridimensional Pattern Reconstruction by Using Weightless Artificial Neural Networks
1. ABSTRACT This paper describes the structure and behavior of a system, composed by a set of weightless artificial neural networks, which is capable of learning different images and then reconstructing an image according to the closest learned pattern. This paper presents a technique which considers Hamming distance for pattern learning and reconstruction, therefore it is posible to study the ...
متن کامل