Technology And Economic Growth
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General Purpose Technologies and Economic Growth
| Author | : Elhanan Helpman |
| Publisher | : MIT Press |
| Total Pages | : 348 |
| Release | : 1998 |
| Genre | : Business & Economics |
| ISBN | : 9780262082631 |
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Traditionally, economists have considered the accumulation of conventional inputs such as labour and capital to be the primary force behind economic growth. In the late-1990s however, many economists place technological progress at the centre of the growth process. This shift is due to theoretical developments that allow researchers to link microeconomic outcomes.
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