A Time to Sow and a Time to Reap: Growth Based on General Purpose Technologies
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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
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美国国家经济研究局创建时间：
1994-09-01
