Favorites of Fortune: Technology, Growth, and Economic Development Since the Industrial Revolution
Patrice L. R. Higonnet, David S. Landes, Henry Rosovsky, Coolidge Professor of History and Professor of Economics Emeritus David S Landes
Harvard University Press, 1991 - Počet stran: 558
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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Robert Solow published his paper “ Technical Change and the Aggregate
Production Function , ” which provided a theoretical basis for total factor
productivity indices by deriving the Divisia index from a neoclassical production
These indices are exact for the Leontief production function ( in the first two cases
) and the Cobb - Douglas function ( in the third case ) . Both of these functions are
first - order approximations to an arbitrary neoclassical production function .
12 ) is undefined for p = 0 , but in that case the Cobb - Douglas function is its limit
. Table 7 . 5 shows how the decomposition of costs varies with the elasticity of
substitution . With e = 0 , Britain is technically more efficient than America . With e
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 EconomicIndustrial
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