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Growth, Trade and Endogenous Technology: A Study of OECD Manufacturing

Growth, Trade and Endogenous Technology: A Study of OECD Manufacturing

Hardcover

Business GeneralEconomics

ISBN10: 0312158459
ISBN13: 9780312158453
Publisher: Palgrave
Published: Jan 11 1997
Pages: 198
Weight: 0.79
Height: 0.86 Width: 5.56 Depth: 8.70
Language: English
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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