Showing 1 - 4 of 4
period is considered. The ‘role of the state’ theory performs better until 1970 whereas after the Golden Age, technology and …
Persistent link: https://www.econbiz.de/10005870563
GPT can be defined as "a technology that initially has much scope for improvement and evntually comes to be widely used …). Subsequently, as the scope of the technology is finally exhausted, its impact on growth will fade away. If, at that point, a new …
Persistent link: https://www.econbiz.de/10005870597
In an influential article Saxonhouse and Wright argued that the quality of local cottonwas the single most important factor in explaining national preferences for ring ormule spinning. For Britain, they argue that mills using more flexible mule spindlescould exploit arbitrage opportunities...
Persistent link: https://www.econbiz.de/10005870603
The usual way to evaluate the implications of new technology for economic growth is through growth accounting … technology (ICT) and the results have dominated thinking on the post-1995 growth resurgence in the United States (Oliner and …
Persistent link: https://www.econbiz.de/10005870950