Growth, Trade and Endogenous Technology: A Study of OECD Manufacturing,New

Growth, Trade and Endogenous Technology: A Study of OECD Manufacturing,New

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SKU: DADAX0312158459
UPC: 9780312158453
Brand: MACMILLAN
Condition: New
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What part does technological knowledge accumulation play in modern economic growth? This book investigates and examines the predictions of new growth theory, using OECD manufacturing data. Its empirical findings portray a novel and complex picture of the features of longterm growth, where technological knowledge production and diffusion play a central part, alongside variations in capital and employment. A parallel examination of longrun trade patterns and government policy issues completes a broader account of how knowledgebased growth in industrial output is at the heart of modern economic prosperity.

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