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General Purpose Technologies and Economic Growth

General Purpose Technologies and Economic Growth PDF Author: Elhanan Helpman
Publisher: MIT Press
ISBN: 9780262082631
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
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.