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Productivity, Technology and Economic Growth (Hardcover, 2000 ed.)
Loot Price: R6,348
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Productivity, Technology and Economic Growth (Hardcover, 2000 ed.)
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Productivity, Technology and Economic Growth presents a selection
of recent research advances on long term economic growth. While the
contributions stem from both economic history, macro- and
microeconomics and the economics of innovation, all papers depart
from a common viewpoint: the key factor behind long term growth is
productivity, and the latter is primarily driven by technological
change. Most contributions show implicitly or explicitly that
technological change is at least partly dependent on growth itself.
Furthermore, technology appears to interact strongly with
investment in physical and human capital as well as with changes in
historical, political and institutional settings. Together these
papers are an up-to-date account of the remarkable convergence in
theoretical and empirical work on productivity and growth over the
past decades. The first part deals with the characteristics of
growth regimes over longer periods, ranging from 20 years to two
centuries. The next four chapters study the determinants of
productivity growth and, in some cases, productivity slowdown
during the last quarter of the twentieth century. The final five
chapters focus on the role of technology and innovation as the key
determinants of growth. Productivity, Technology and Economic
Growth is, therefore, a welcome collection for academic scholars
and graduate students in economics, history and related social
sciences as well as for policy makers.
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