We develop a model of growth driven by successive improvements in `General Purpose Technologies' (GPTs), such as the … second phase that growth starts in earnest. The historical record of productivity growth associated with electrification, and …

requiring plausible long-term projections of economic growth by country or region. The workshop included presentations by … leading academics and OECD staff from the Economics Department, the Directorates of the Environment, Science and Technology …

, global growth is likely to slow and become increasingly dependent on knowledge and technology, while the economic costs of … years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. For example …

but also a poor performance in important sectors, like the information and communication technology sector. Reforms to … raise long term productivity growth need to be pursued. Current project-based R&D-support and business subsidies seem … current targeted support. Capital taxation should be streamlined to improve incentives for entrepreneurship and growth. The …

and in relation to other countries, contributing to weak economic growth and an erosion in competitiveness. An examination …

in 'growth drivers' which can account for differences in supply-side performance, especially in periods in which major … processes of innovation and diffusion of a general purpose technology (GPT) take place. There is also an analysis of the … good results in technology policy combined with policies which aim towards social inclusiveness. …

This paper examines a model in which growth takes place through investment-specific technological change, which in turn … the growth rate can depend on the degree of substitability between research spending and new capital construction …. Research subsidies tend to have a larger impact on the growth rate than would an investment tax credit of the same magnitude …

We construct a model that combines elements of endogenous growth with the convergence implications of the neoclassical … growth model. In the long run the world growth rate is driven by discoveries in those economies that lead in their use of … technology. Followers converge towards leaders because copying is cheaper than innovation over some range. A tendency for copying …

used to re-examine the Benhabib and Spiegel (2005) model of technology diffusion in a horse-race with the competing …, extends beyond the Cobb–Douglas technology, and deals with endogeneity bias. Robust evidence confirms the significance of …