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A Time to Sow and a Time to Reap: Growth Based on General Purpose Technologies

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NBER1994-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w4854
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资源简介:
We develop a model of growth driven by successive improvements in 'General Purpose Technologies' (GPT's), such as the steam engine, electricity, or micro-electronics. Each new generation of GPT's prompts investments in complementary inputs, and impacts the economy after enough such compatible inputs
提供机构:
美国国家经济研究局
创建时间:
1994-09-01
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