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Technological Foundations Of Cyclical Economic Growth
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Book Synopsis Technological Foundations of Cyclical Economic Growth by : Nathan Edmonson
Download or read book Technological Foundations of Cyclical Economic Growth written by Nathan Edmonson and published by Routledge. This book was released on 2017-10-06 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- Preface -- Introduction -- 1. Basic Concepts -- 2. The Nineteenth Century's Legacy: Invention and Discovery to 1910 -- 3. Innovation and Prosperity: 1900-1930 -- 4. Technology and Depression -- 5. Materials: Enablers in the Twentieth Century -- 6. Government Fostering of Invention/Innovation after 1940 -- 7. Government Regulation and Technology -- 8. Computers and Other Electronics -- 9. Light -- 10. Medical and Related Technology -- 11. On Technology and the Postwar Economy -- 12. Technologies that Develop Slowly -- 13. On Invention and Innovation -- 14. On Choice among New Technologies -- 15. Conclusions and Policy Implications -- Bibliography -- Index
Book Synopsis Technology Cycles and U.S. Economic Policy in the Early 21st Century by : Nathan Edmonson
Download or read book Technology Cycles and U.S. Economic Policy in the Early 21st Century written by Nathan Edmonson and published by Routledge. This book was released on 2017-09-08 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overarching theme of this volume is the cyclical nature of technological change, its impact on economic growth, and the limits of government intervention. Technological revolutions are infrequent; there were only three in all of the twentieth century. When they occur, their possibilities are often not immediately apparent. Technology revolutions induce capital investment, not just because they stimulate the need to acquire the new technology, but also because of the need to replace obsolete capacity and new infrastructure. While government has encouraged general economic progress by carrying out highly risky innovations unrelated to fostering economic growth, it seldom succeeds with specific efforts to foster growth. Recent examples of success include the Internet and the global positioning system (GPS), which trace their origins to defense-related research. In contrast, the countercyclical economic stimuli of 2007-2009 have achieved little in the way of general growth. The lack of data about the technology cycle makes formulating appropriate monetary and other policy countercyclical interventions difficult. A technology-founded upswing animated the American economy after 1990, and the -great recession- of 2007- 2009 reflected the waning of the investment boom that this revolution generated. Edmonson argues that the impact of technology revolutions on general economic growth has never received the attention it deserves. This volume will contribute much to debates on economic policy.
Book Synopsis Technological Foundations of Cyclical Economic Growth by : Nathan Edmonson
Download or read book Technological Foundations of Cyclical Economic Growth written by Nathan Edmonson and published by Routledge. This book was released on 2017-09-08 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: New technology is intimately associated with increased economic growth. The tools people have and when they acquired them tells us much about cyclical patterns of growth. Those interested in encouraging economic growth would do well to look to the conditions that spur the origins, development, and impact of technology - as well as the circumstances that spur prolific periods of invention, the mother of technology. Despite general recognition of the connection between technology and growth, economists rarely have gotten to the heart of the relationship. Joseph Schumpeter and John Hicks were aware of the role of technology in cyclical variability, but their thoughts were not elaborated upon after they passed from the scene. Edmonson goes beyond formal theory, reviewing the record of economic growth and the role of technology in this growth. What does the technology future hold? One clue is where past prototype inventions that that have fomented massive technological innovations have come from. Some parts of the private sector, such as Bell Labs, have been important. The government, particularly in its sponsorship of defense related research, has delivered a number of inventions. Universities are very much in the picture in certain fields, such as nanotechnology. The challenges we face at the onset of the twenty-first century are covered in depth and with imagination by Edmonson. The book will spur much rethinking about economic futures.
Book Synopsis Technology and Industrial Progress by : G. N. Von Tunzelmann
Download or read book Technology and Industrial Progress written by G. N. Von Tunzelmann and published by Edward Elgar Publishing. This book was released on 1995-01-01 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: What has dictated the rate and direction of technological change? How central has it been to industrial progress? How has it related to other determinants of economic growth and development? In Technology and Industrial Progress, Dr von Tunzelmann examines theoretical views on the nature and contribution of technology, and the empirical evidence from the major industrializing countries from the 18th century to the present day. The experiences of countries regarded in their time as the leaders of industrialization - Britain in the 18th century, the United States in the 19th century and Japan in the 20th century - are critically compared by the author. The following chapters study the transfer of each of these patterns of technology and growth to later industrializers, such as continental Europe, the Soviet Union, and today's newly industrializing countries. Adopting approaches drawn from evolutionary economics, Dr von Tunzelmann links micro-level phenomena relating to individual firms and technologies to macro-level outcomes as reflected in economic growth and development. This long-awaited book is exceptional both in the range of countries surveyed and the breadth of topics analysed, encompassing changes in production processes, products and marketing, management and finance.
Book Synopsis New Perspectives on Economic Growth and Technological Innovation by : F. M. Scherer
Download or read book New Perspectives on Economic Growth and Technological Innovation written by F. M. Scherer and published by Brookings Institution Press. This book was released on 2011-10-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and British-North American Committee publication Two hundred years ago, the first Industrial Revolution sparked a dramatic acceleration in the quantity of goods and services available to the average citizen--a trend of steadily increasing real income per capita that continues to this day. Since that time, economists have struggled to develop systematic explanations for what caused the sudden, rapid increase, why the economy keeps growing, and why the rate of growth varies in different time periods and nations. In this book, F. M. Scherer traces the evolution of economic growth theory from the Industrial Revolution to the present. Emphasizing technological change as the most crucial dynamic force for growth, Scherer analyzes early hypotheses that paid little attention to new technologies, follows the emergence of theories that increasingly emphasized technological change, and reviews the current state of economic growth theory. Pointing out a lack of solid microbehavioral foundations to support contemporary "new growth" ideas, Scherer then supplies some foundational "bricks" concerning financial investment and human capital, and concludes by exploring the prospects for sustaining rapid growth into the next century.
Book Synopsis Economic Growth and Business Cycles by : Paolo Sylos Labini
Download or read book Economic Growth and Business Cycles written by Paolo Sylos Labini and published by Edward Elgar Publishing. This book was released on 1993 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this study, Professor Sylos Labini offers an analysis of growth that is at once theoretical, historical and statistical. The central aim of neo-classical economics has been to discover the equilibrium values of prices, incomes, employment and production. This text by contrast, seeks to understand the logic behind the movement of these quantities over time.
Book Synopsis Hysteresis and Business Cycles by : Ms.Valerie Cerra
Download or read book Hysteresis and Business Cycles written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2020-05-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Book Synopsis Technology and American Economic Growth by : Nathan Rosenberg
Download or read book Technology and American Economic Growth written by Nathan Rosenberg and published by . This book was released on 1972 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Frontiers of Business Cycle Research by : Thomas F. Cooley
Download or read book Frontiers of Business Cycle Research written by Thomas F. Cooley and published by Princeton University Press. This book was released on 1995-02-26 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: This introduction to modern business cycle theory uses a neoclassical growth framework to study the economic fluctuations associated with the business cycle. Presenting advances in dynamic economic theory and computational methods, it applies concepts to t
Book Synopsis Technology Cycles and U.S. Economic Policy in the Early 21st Century by : Nathan Edmonson
Download or read book Technology Cycles and U.S. Economic Policy in the Early 21st Century written by Nathan Edmonson and published by Routledge. This book was released on 2017-09-08 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overarching theme of this volume is the cyclical nature of technological change, its impact on economic growth, and the limits of government intervention. Technological revolutions are infrequent; there were only three in all of the twentieth century. When they occur, their possibilities are often not immediately apparent. Technology revolutions induce capital investment, not just because they stimulate the need to acquire the new technology, but also because of the need to replace obsolete capacity and new infrastructure. While government has encouraged general economic progress by carrying out highly risky innovations unrelated to fostering economic growth, it seldom succeeds with specific efforts to foster growth. Recent examples of success include the Internet and the global positioning system (GPS), which trace their origins to defense-related research. In contrast, the countercyclical economic stimuli of 2007-2009 have achieved little in the way of general growth. The lack of data about the technology cycle makes formulating appropriate monetary and other policy countercyclical interventions difficult. A technology-founded upswing animated the American economy after 1990, and the -great recession- of 2007- 2009 reflected the waning of the investment boom that this revolution generated. Edmonson argues that the impact of technology revolutions on general economic growth has never received the attention it deserves. This volume will contribute much to debates on economic policy.
Book Synopsis Technology Shocks and Aggregate Fluctuations by : Mr.Pau Rabanal
Download or read book Technology Shocks and Aggregate Fluctuations written by Mr.Pau Rabanal and published by International Monetary Fund. This book was released on 2004-12-01 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our answer: Not so well. We reached that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the strong positive comovement between output and labor input measures.
Book Synopsis General Purpose Technologies and Economic Growth by : Elhanan Helpman
Download or read book General Purpose Technologies and Economic Growth written by Elhanan Helpman and published by MIT Press. This book was released on 1998 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The technology imperative by : Gregory Tassey
Download or read book The technology imperative written by Gregory Tassey and published by Edward Elgar Publishing. This book was released on 2007 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Women, Business and the Law 2021 by : World Bank
Download or read book Women, Business and the Law 2021 written by World Bank and published by World Bank Publications. This book was released on 2021-04-05 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Women, Business and the Law 2021 is the seventh in a series of annual studies measuring the laws and regulations that affect women’s economic opportunity in 190 economies. The project presents eight indicators structured around women’s interactions with the law as they move through their lives and careers: Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension. This year’s report updates all indicators as of October 1, 2020 and builds evidence of the links between legal gender equality and women’s economic inclusion. By examining the economic decisions women make throughout their working lives, as well as the pace of reform over the past 50 years, Women, Business and the Law 2021 makes an important contribution to research and policy discussions about the state of women’s economic empowerment. Prepared during a global pandemic that threatens progress toward gender equality, this edition also includes important findings on government responses to COVID-19 and pilot research related to childcare and women’s access to justice.
Book Synopsis Frontier Information Technology and Systems Research in Cooperative Economics by : Aleksei V. Bogoviz
Download or read book Frontier Information Technology and Systems Research in Cooperative Economics written by Aleksei V. Bogoviz and published by Springer Nature. This book was released on 2020-09-24 with total page 1072 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the very first book-length study devoted to the advances in technological development and systems research in cooperative economics. The chapters provide, first of all, a coherent framework for understanding and applying the concepts and approaches of complexity and systems science for the advanced study of cooperative networks and particular cooperative enterprises and communities. Second, the book serves as a unique source of reliable information on the frontier information technologies available for the production, consumer, credit, and agricultural cooperative enterprises, discussing predominant strategies, potential drivers of change, and responses to complex problems. Given the diverse range of backgrounds and advanced research results, researchers, decision-makers, and stakeholders from all fields of cooperative economics in any country of the world will undoubtedly benefit from this book.
Book Synopsis Economic Growth and Long Cycles by : Nikolaos Chatzarakis
Download or read book Economic Growth and Long Cycles written by Nikolaos Chatzarakis and published by Taylor & Francis. This book was released on 2024-06-03 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary capitalism is characterized by periods of vigorous economic growth and periods of slow or even negative growth. This book draws on the classical political economy approach to consider both economic cycles and economic growth and draw conclusions about the inherent instability of the modern economy. The book shows that the work of the old classical economists (Smith and Ricardo) and Marx is theoretically sound and capable of providing answers to both growth and cycles. It also demonstrates the potential and natural integration of growth and cycles in a single model. The microeconomic foundation of this model is the labor theory of value, which continues with the General Law of Capital Accumulation, the Law of the Falling Rate of Profit, and the movement of the Industrial Reserve Army of Labour. Finally, a dynamic model of growth-cum-cycles is constructed consisting of the evolution and interaction of five key variables, namely, the rate of profit, the propensity to invest in fixed capital, technological change, the reserve army of labour, and the rate of capital devaluation. The analysis demonstrates that economic growth and cycles are not disconnected from each other, as they have been treated in the literature, but rather interdependent aspects of the same evolutionary process of a capitalist economy. This book will interest readers in the history of economic thought, economic growth and development, macroeconomics, and political economy.
Author :United States. Congress. House. Committee on Science and Technology. Subcommittee on Science, Research, and Technology Publisher : ISBN 13 : Total Pages :1416 pages Book Rating :4.F/5 ( download)
Book Synopsis Technology and Employment by : United States. Congress. House. Committee on Science and Technology. Subcommittee on Science, Research, and Technology
Download or read book Technology and Employment written by United States. Congress. House. Committee on Science and Technology. Subcommittee on Science, Research, and Technology and published by . This book was released on 1984 with total page 1416 pages. Available in PDF, EPUB and Kindle. Book excerpt:
