How much of economic growth is fueled by investment-specific technological progress?

Discovering how economies grow is vitally important for economists and policymakers alike. This Commentary shows that more than half of U.S. economic growth can be attributed to technological advance in equipment and structures.

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Year of publication:	1999
Authors:	Gort, Michael ; Greenwood, Jeremy ; Rupert, Peter
Published in:	Economic Commentary. - Federal Reserve Bank of Cleveland. - 1999, Mar, 1
Publisher:	Federal Reserve Bank of Cleveland
Subject:	Economic development \| Gross domestic product \| Technology

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005512952