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| Tekijä: | Carlaw, K. I. Lipsey, R. G. |
| Otsikko: | GPT-driven, endogenous growth |
| Lehti: | Economic Journal
2006 : JAN, VOL. 116:508, p. 155-174 |
| Asiasana: | |
| Vapaa asiasana: | endogenous general purpose technologies |
| Kieli: | eng |
| Tiivistelmä: | This article discusses a model in which sustained growth is driven by a succession of general purpose technologies that is technically simpler than the early models and still captures stylised facts that were omitted from them. The suthors present diminishing returns to inputs, and endogenous, incremental technological changes from R&D, interrupted by the occasional introduction of new general purpose technologies. |
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