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Long-Run Growth and the Evolution of Technological Knowledge
Hakenes, Hendrik; Irmen, Andreas - 2007
The long-run evolution of per-capita income exhibits a structural break often associated with the Industrial Revolution. We follow Mokyr (2002) and embed the idea that this structural break reflects a regime switch in the evolution of technological knowledge into a dynamic framework, using Airy...
Persistent link: https://www.econbiz.de/10011422148
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A historical perspective on patents and industry growth in Finland: Connections and lags
Nikulainen, Tuomo - 2008
This paper aims to establish how the innovative activity in Finland has changed over time in the transition from a resource-driven economy to a knowledge-driven economy. The paper first takes a historical perspective on innovation and industrial activity in Finland through a descriptive...
Persistent link: https://www.econbiz.de/10010273069
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Exhaustible Resources, Technology Choice and Industrialization of Developing Countries
Färnstrand Damsgaard, Erika - 2010
How should the world economy adapt to the increased demand for exhaustible resources from countries like China and … India? To address that issue, this paper presents a dynamic model of the world economy with two technologies for production … with a delay. Next, the model is calibrated to analyze the effects of industrialization of developing countries on the …
Persistent link: https://www.econbiz.de/10010320331
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Degrees of development: how geographic latitude sets the pace of industrialization and demographic change
Strulik, Holger - 2008
Successful economic development is usually characterized by two salient phenomena: industrialization and demographic …
Persistent link: https://www.econbiz.de/10010264936
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Technological revolution and economic growth: The "age of steam" reconsidered
Castaldi, Carolina; Nuvolari, Alessandro - 2004
Persistent link: https://www.econbiz.de/10010328375
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Female labor Force Participation in an Era of Organizational and Technological Change
Adshade, Marina - 2007
This paper examines the endogenous interaction between the rise in female labor force participation and changes in both the method and mode of production that occurred during the early part of the 20th century. Within a dynamic general equilibrium framework, an exogenous expansion in the skill...
Persistent link: https://www.econbiz.de/10011940744
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Trading population for productivity
Galor, Oded; Mountford, Andrew - 2003
determinant of the distribution of world population and a prime cause of the Great Divergence in income per capita across …
Persistent link: https://www.econbiz.de/10010318876
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Trading population for productivity: Theory and evidence
Galor, Oded; Mountford, Andrew - 2008
This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment...
Persistent link: https://www.econbiz.de/10010284056
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Interpreting productivity growth in the new economy: Some agnostic notes
Gundlach, Erich - 2001
The growth rate of total factor productivity seems to have increased recently, at least in the United States. Higher US productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However, the size of the estimated growth rate of total...
Persistent link: https://www.econbiz.de/10010277425
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New economy in growth and development
Pohjola, Matti - 2002
The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use of information and communication technology seems to have had a substantial impact on the performance of the United States economy, the evidence for other countries is much...
Persistent link: https://www.econbiz.de/10010279209