Technology Dissemination and Economic Growth: Some Lessons for the New Economy |
Common terms and phrases
analysis Assume average product Barro and Sala-i-Martin capita depreciation capita income capital accumulation capital per worker changes China class of models consumers consumption converges Danny Quah Defn demand-side Denote developments economic growth economists Economy Elhanan Helpman endogenous growth engineering equation equilibrium growth rate Finland first-order conditions Freeman Dyson gives global goods-physical human capital human capital accumulation implies increases inputs Internet investment knowledge labor productivity Lagrange multiplier Lucas Mankiw marginal productivity mc/mc neoclassical growth model nomic optimization output paper paradox partial derivatives Paul Krugman physical and human physical capital Policy production function PFO productivity paradox Purpose Technologies rate g Rebelo returns to scale Romer section 7.4 seigniorage Solow steady-state growth rate supply side Technical Appendix technical progress technology-adjusted trade unique solution worker human capital Xavier Sala-i-Martin zero ән