Countries enjoy the benefits of industrialization for economic growth after surpassing a certain threshold of technological integration in manufacturing. Some available data do not reject this hypothesis. This feature of development is consistent with the observed gaps in long-run growth rates...

The last decades have witnessed a breaking down of the hitherto quasimonopoly in industrial and technological development by highly industrialized countries. Man-made changes in comparative advantage due to rapid accumulation of human capital, development of technical institutions, and public...

The fourth technological (industrial) revolution is based primarily on digital technologies, but also on their synthesis with other technologies, both traditional and conventional, as well as advanced, such as nanotechnologies and bio-technologies. The emergence of disruptive technologies causes...

This study investigates the efficiency growth of advanced technology-generating sectors within the European Union (EU). Using a stochastic frontier analysis of annual sector-level panel data from 2000 to 2019, we examine sectoral (NACE two-digit level) and territorial implications. Our findings...

We show theoretically and empirically that standard methods give downward biased estimates of productivity growth if technical change is factor-biased. We show how to correct for this bias and construct more reliable measures of the productivity gains from technical progress. We consider two...

This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...