General Purpose Technologies: Characteristics And Impact On Economic Growth
نویسندگان
چکیده
منابع مشابه
Input-Output Multipliers, General Purpose Technologies, and Economic Development
Intermediate goods are another produced factor of production, like capital. Simple examples suggest that the multiplier associated with intermediate goods can be substantial, even larger than the one resulting from physical capital accumulation. This paper evaluates this insight using a model in which N goods are produced using all of the other goods as intermediate inputs. Calibrating the mode...
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Did innovations in core processes during the Industrial Revolution tend to generate innovations in downstream technologies? Here a theoretical model examines the effect of a political shock in a non-innovating society in which there is high potential willingness to cooperate. The result is regional specialization in the innovation process by degree of cooperation. Tests with a Poisson specifica...
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ژورنال
عنوان ژورنال: International Journal of Academic Research in Business and Social Sciences
سال: 2019
ISSN: 2222-6990
DOI: 10.6007/ijarbss/v9-i2/5611