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Technology and Economics (1991) / Chapter Skim
Currently Skimming:

Investing in Productivity Growth
Pages 57-64

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
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From page 60...
... The presence of the unexplained residual is useful in reminding us that additional economic research on the sources of productivity growth will be needed to provide a complete explanation. The first line of this table shows that productivity growth has averaged 2.10 percent per year over the postwar period 1947-1985.
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From page 61...
... Taking these two contributions together, the relative importance of investment in tangible assets has declined from 47 to 43 percent of productivity growth. Unfortunately, we do not have the data required to estimate the contribution of investment in research and development to productivity growth separately for the period 1979-1985 and the postwar period as a whole.
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From page 63...
... . A few of his academic appointments have included director, Program on Technology and Economic Policy, Kennedy School of Government, Harvard University; professor of economics, Adversity or aorta, tier he ey; vlslUng professor ot economics, Stanford University; visiting professor of statistics, Oxford University; and Ford Foundation Research Professor of Economics, University of Chicago.
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Key Terms

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  • unchanged produces
  • labor quality

  • complete explanation
  • overall conclusion
  • swedish academy
  • included director
  • remained unchanged

  • ford foundation
  • foundation research
  • abbe professor
  • data required
  • investment resources

  • research professor
  • substitution constitute
  • quality accounts
  • entire postwar
  • royal swedish

  • academic appointments
  • growth separately
  • explaining productivity
  • frederic eaton
  • kennedy school


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