Technological complexity and economic growth

Technological Complexity and Economic Growth

The last fifty years have witnessed large secular increases in educational attainment and R&D intensity. The fact that these trends have not stimulated more rapid income growth has been a persistent puzzle for growth theorists. We construct a model of endogenous economic growth in which income growth, R&D intensity, and educational attainment depend on the complexity of new technologies. An inc...

Innovation , Technological Interdependence , and Economic Growth ̊ Douglas

There is substantial heterogeneity across industries in the level of interdependence between new and old technologies. I propose a measure of this interdependence–an index of sequentiality in innovation–which is the transfer rate of patents in a particular industry. I find that highly sequential industries have higher profitability, higher variance of firm growth, lower exit rates, and lower ra...

Chapter 4 Technological Progress and Economic Growth

an investigation about the relationship between insurance lines and economic growth; the case study of iran

مطالعات قبلی بازار بیمه را به صورت کلی در نظر می گرفتند اما در این مطالعه صنعت بیمه به عنوان متغیر مستفل به بیمه های زندگی و غیر زندگی شکسته شده و هم چنین بیمه های زندگی به رشته های مختلف بیمه ای که در بازار بیمه ایران سهم قابل توجهی دارند تقسیم میشود. با استفاده از روشهای اقتصاد سنجی داده های برای دوره های 48-89 از مراکز ملی داده جمع آوری شد سپس با تخمین مدل خود بازگشتی برداری همراه با تعدادی ...

Economic Growth :Importance of Education and Technological Development

FOREWORD The purpose of this paper is to examine the lessons economists have learned about economic growth and development, particularly the lessons from crosscountry comparisons. The paper then asks how these lessons can be applied to regional/state growth and development within the United States. As it turns out, the similarities between countries and regions are many. Definitions of growth, ...