THE DYNAMICS OF TECHNOLOGY, TRADE AND GROWTH - Hardcover

Hardcover

ISBN 10: 1852789220 ISBN 13: 9781852789220

Publisher: Edward Elgar Publishing Ltd, 1994

Synopsis

The rapid development of a series of technologically advanced, industrial economies in the post-war period has challenged conventional understandings of economic growth. The emergence of these economies has reinvigorated the long-standing debate about why some countries grow quickly, and reach high levels of productivity, while others fall behind.

Until the emergence of the new growth theory, few neoclassical economists focused upon this important issue despite the existence of a rich tradition among economic historians and economists from more heterodox traditions. The Dynamics of Technology, Trade and Growth draws upon contributions of scholars from different theoretical backgrounds to discuss why economies succeed, or fail, in creating the infrastructure, finance and technology to develop rapidly and 'catch-up' with others. After an overview by the editors of theoretical and practical developments in the economics of convergence and divergence, the book features chapters which discuss the origins of the post-war catch-up and convergence boom, convergence in trade and sectoral growth, capital accumulation, investment and resource allocation, specialization, technological change, and the potential contribution of information and communication technologies.

The distinguished contributors bring together in one volume a breadth of scholarship on economic growth, convergence and divergence, ensuring that this book will be widely read by economists interested in growth, technical change and economic development.

About this title

About the Author

Edited by Jan Fagerberg, Professor, Centre for Technology, Innovation and Culture (TIK), University of Oslo, Norway, Bart Verspagen, Professor of Macroeconomics of Innovation and New Technologies and Researcher at UNU-MERIT, a joint institute of the United Nations University and Maastricht University, the Netherlands and the late G.N. von Tunzelmann, formerly Professor in the Economics of Science and Technology, SPRU – Science and Technology Policy Research, University of Sussex, UK

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 1994
• Language: English
• ISBN 10: 1852789220
• ISBN 13: 9781852789220
• Binding: Hardcover
• Number of pages: 240
• Editor: Fagerberg Jan, Verspagen Bart, Von Tunzelmann G. N.