Favorites of fortune: technology, growth, and economic development since the Industrial Revolution
A galaxy of distinguished international economists and historians pit economic history against the shaky assumptions of the classical economic theory of natural growth. Their explanations consider the factors of technology, entrepreneurialism, and paths to economic growth, but each reflects an ideological wave of explanation that has marked the last two hundred years.
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The assumption of a Cobb-Douglas production function is especially interesting
since our index number model becomes very similar to the Lau- Yotopoulos
model of economic performance.4 This model was devised to compare the
Cobb-Douglas specification is chosen, this result provides further justification for
calling w'-j^/w'-jc3 a measure of price efficiency. The Efficiency of the British Iron
and Steel Industry in 1907 Let us use the nonoptimizing model to assess the ...
By contrast with the relatively small variation in savings rates, especially once
differences in per capita incomes are taken into account, differences in growth
rates (and hence in the efficiency with which accumulated resources are
Co říkají ostatní - Napsat recenzi
On Technology and Growth
Paul A David The Hero and the Herd in Technological
Rudolf Braun The Docile Body as an Economic1ndustrial
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