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Author:Munasinghe, L.
O'Flaherty, B.
Danninger, S.
Title:Globalization and the Rate of Technological Progress: What Track and Field Records Show
Journal:Journal of Political Economy
2001 : OCT, VOL. 109:5, p. 1132-1149
Index terms:GLOBALIZATION
TECHNOLOGY
TECHNOLOGICAL CHANGE
FIELD RESEARCH
ANALYTICAL REVIEW
Language:eng
Abstract:The past century and a quarter has seen frequent improvements in track and field records. The authors attempt to estimate what proportion of the speed of record breaking is due to globalization (competitors from more countries) and what proportion is due to technological progress (better equipment and training techniques). It appears that technological change is the chief driving force but that technological progress is improving the performance of seasoned elite athletes faster than it is improving the performance of adolescents. Both the authors' results and the authors' methods may have wider application.
SCIMA record nr: 235513
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