Essays On Technological Progress And Economic Growth
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Essays On Technological Progress And Economic Growth
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Author : Jakub Growiec
language : en
Publisher: Presses univ. de Louvain
Release Date : 2007
Essays On Technological Progress And Economic Growth written by Jakub Growiec and has been published by Presses univ. de Louvain this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
This thesis covers a broad range of topics in the general area of economic growth theory and economics of technological change. It is primarily about the ultimate sources of growth and its ultimate limitations. We scrutinize the implications of several specifications of long-run growth “engines” found in the theoretical literature and put forward their generalizations and extensions. At the highest level of generality, we provide a formal proof that balanced (i.e. exponential) growth requires knife-edge assumptions which cannot be satisfied by typical values of model parameters. This result implies that at least one such knife-edge assumption must be made if a given model is supposed to deliver balanced growth over the long run. Next, we deal with the issue of resource-based limits to long-run growth. We propose to promote technological progress which would improve the substitutability between non-renewable and renewable resources: if the elasticity of substitution between the two kinds of resources exceeds unity, production will not fall down to zero even after the non-renewable resources will have been completely depleted. Another question asked is whether it is plausible that R&D-based growth, fueled by steady increases in the world’s population, can be extended into indefinite time. We answer this question by introducing endogenous fertility choice, with population entering the utility functional multiplicatively, into an R&D-based semi-endogenous growth model. The next issue addressed here are the idea-based microfoundations of aggregate production functions. We discuss the correspondence between the shape of production functions, the direction of technical change, and the possibility of sustained endogenous growth. A broad class of production functions, nesting both the Cobb-Douglas and the CES function, is derived. Finally, we discuss the impact of the heterogeneity of innovations on long-run economic dynamics: we augment the semi-endogenous growth model with a distinction between radical and incremental innovations. Total R&D output is assumed to depend on technological opportunity which is depleted by incremental innovations but renewed by radical innovations. The dynamic interplay of the arrivals of the two types of innovations is shown to give rise to transitional oscillations.
Essays On Technological Progress Economic Growth And International Trade
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Author : Faruk Ashraf Khan
language : en
Publisher:
Release Date : 2003
Essays On Technological Progress Economic Growth And International Trade written by Faruk Ashraf Khan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with International trade categories.
Technical Choice Innovation And Economic Growth
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Author : Paul A. David
language : en
Publisher: Cambridge University Press
Release Date : 1975-02-28
Technical Choice Innovation And Economic Growth written by Paul A. David and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975-02-28 with Business & Economics categories.
Monograph on historical experiences of technological change, Innovation and economic growth in the USA and the UK during the 1800's - covers agricultural mechanization, industrial development and infrastructure change, etc. Bibliography pp. 315 to 324, graphs, references and statistical tables.
Thinking About Growth
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Author : Moses Abramovitz
language : en
Publisher: Cambridge University Press
Release Date : 1989-04-28
Thinking About Growth written by Moses Abramovitz and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-04-28 with Business & Economics categories.
The essays in this book explore the forces behind modern economic growth and, in particular, the causes of the extraordinary surge of growth since the Second World War. The introductory essay is an extended treatment of how economists now view the growth process and its causes. Other essays consider the contributions of capital formation, education, and the changed nature of industries and occupations. Professor Abramovitz asks why elevated incomes failed to bring the social progress and personal satisfaction that people had looked for. The final chapters in the book take up the causes of our discontent and consider whether the Welfare State has itself become an obstacle to further economic progress.The essays in this book explore the forces behind modern economic growth and, in particular, the causes of the extraordinary surge of growth since the Second World War. The introductory essay is an extended treatment of how economists now view the growth process and its causes. Other essays consider the contributions of capital formation, education, and the changed nature of industries and occupations. Professor Abramovitz asks why elevated incomes failed to bring the social progress and personal satisfaction that people had looked for. The final chapters in the book take up the causes of our discontent and consider whether the Welfare State has itself become an obstacle to further economic progress.
Essays On Technological Change And Economic Growth
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Author : Cheng Cheng
language : en
Publisher:
Release Date : 2017
Essays On Technological Change And Economic Growth written by Cheng Cheng and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
Innovation Economic Development And Policy
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Author : Jan Fagerberg
language : en
Publisher: Edward Elgar Publishing
Release Date : 2018-04-27
Innovation Economic Development And Policy written by Jan Fagerberg and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-27 with Business & Economics categories.
This authoritative and enlightening book focuses on fundamental questions such as what is innovation, who is it relevant for, what are the effects, and what is the role of (innovation) policy in supporting innovation-diffusion? The first two sections present a comprehensive overview of our current knowledge on the phenomenon and analyse how this knowledge (and the scholarly community underpinning it) has evolved towards its present state. The third part explores the role of innovation for growth and development, while section four is concerned with the national innovation system and the role of (innovation) policy in influencing its dynamics and responding to the important challenges facing contemporary societies.
The Diminishing Returns Of Technology
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Author : Orio Giarini
language : en
Publisher: Pergamon
Release Date : 1978
The Diminishing Returns Of Technology written by Orio Giarini and has been published by Pergamon this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Business & Economics categories.
Monograph on the internal limits and trends of economic growth deriving from the diminishing investment returns of technology - following an outline of historical links between economic growth and technological change (esp. In times of economic recession), examines the production function and other aspects of economic theory (incl. Productivity and efficiency) regarding innovations in technology, and includes considerations on the future of postindustrial society. Bibliography after each chapter, diagrams, graphs and statistical tables.
History Matters
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Author : Timothy Guinnane
language : en
Publisher: Stanford University Press
Release Date : 2003-10-31
History Matters written by Timothy Guinnane and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-10-31 with Business & Economics categories.
Combining theoretical work with careful historical description and analysis of new data sources, History Matters makes a strong case for a more historical approach to economics, both by argument and by example. Seventeen original essays, written by distinguished economists and economic historians, use economic theory and historical cases to explore how and why "history matters." The chapters, which range in subject matter from the economic theory of irreversible investment to the nineteenth-century decline in U.S. rural fertility to the English poor law reform, are unified by three themes. The first explores the significance, causes, and consequences of path dependence in the evolution of technology and institutions. The second relates to the ways in which economic and political behavior are profoundly shaped and constrained by the cultural and political context inherited from history at a particular point in time. The final theme demonstrates the importance of integrating economic theory into historical research in the gathering and interpretation of data.
Technology Innovations And Economic Development
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Author : Lakhwinder Singh
language : en
Publisher: SAGE Publications Pvt. Limited
Release Date : 2015-07-22
Technology Innovations And Economic Development written by Lakhwinder Singh and has been published by SAGE Publications Pvt. Limited this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-22 with Business & Economics categories.
Provides a fresh perspective to the ongoing debate on the core themes of development economics. This book, in honour of Robert E. Evenson, brings together diverse, yet interrelated, areas of innovations such as agricultural development, technology and industry while assessing their combined roles in developing an economy. Thematically structured, it covers innovation and economic development; technological progress and agricultural development; and technology transfer, national innovation systems and industrial development. With essays addressing the significant aspects in development economics, it offers a unique contribution in terms of focusing on problems from the perspective of developing economies.
Essays On Technology Investment And Business Cycles
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Author : Takuji Kawamoto
language : en
Publisher:
Release Date : 2004
Essays On Technology Investment And Business Cycles written by Takuji Kawamoto and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.