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Growth, Trade and Endogenous Technology

Growth, Trade and Endogenous Technology

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9780333651094
Condition
New
Product Description

What part does technological knowledge accumulation play in modern economic growth? This book investigates and examines the predictions of new growth theory, using OECD manufacturing data. Its empirical findings portray a novel and complex picture of the features of long-term growth, where technological knowledge production and diffusion play a central part, alongside variations in capital and employment. A parallel examination of long-run trade patterns and government policy issues completes a broader account of how knowledge-based growth in industrial output is at the heart of modern economic prosperity.

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