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Can general purpose technology theory explain economic growth? : electrical power as a case study
Ristuccia, Cristiano Andrea; Solomou, Solomos - 2014
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010252126
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Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study
Ristuccia, Cristiano Andrea; Solomou, Solomos - 2014
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010333435
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General Purpose Technologies and Economic Growth: Electricity Diffusion in the Manufacturing Sector Before WWII
Ristuccia, C.A.; Solomou, S. - Faculty of Economics, University of Cambridge - 2010
proceeds to evaluate the hypotheses of a productivity slowdown and of a productivity bonus as postulated by many existing GPT …
Persistent link: https://www.econbiz.de/10008642853
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Can general purpose technology theory explain economic growth? Electrical power as a case study
Ristuccia, Cristiano Andrea; Solomou, Solomos - Department of Economic and Social History, University …
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010895319
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Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study
Ristuccia, Cristiano Andrea; Solomou, Solomos - CESifo - 2014
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010748306
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Electricity Diffusion and Trend Acceleration in Inter-War Manufacturing Productivity
Ristuccia, C.A.; Solomou, S. - Faculty of Economics, University of Cambridge - 2002
This paper evaluates the link between the diffusion of electricity and the increase in labour productivity growth in … that the trend acceleration in labour productivity is common to all these countries except Germany and is correlated with … electricity diffusion. Germany’s labour productivity growth was nevertheless sustained in 1925 - 1938. The USA saw an earlier …
Persistent link: https://www.econbiz.de/10005783739
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Electricity Diffusion and Trend Acceleration in Inter-War Manufacturing Productivity
Ristuccia, Cristiano Andrea; Solomou, Solomos - 2012
This paper evaluates the link between the diffusion of electricity and the increase in labour productivity growth in … that the trend acceleration in labour productivity is common to all these countries except Germany and is correlated with … electricity diffusion. Germany's labour productivity growth was nevertheless sustained in 1925 - 1938. The USA saw an earlier …
Persistent link: https://www.econbiz.de/10014119330
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Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study
Ristuccia, Cristiano Andrea - 2015
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10013033865
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Estimation of Historical Inflation Expectations
Binder, Carola Conces - 2016
Expected inflation is a central variable in economic theory. Economic historians have estimated historical inflation expectations for a variety of purposes, including studies of the Fisher effect, the debt deflation hypothesis, central bank credibility, and expectations formation. I survey the...
Persistent link: https://www.econbiz.de/10012989845
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150 years of Italian political unity and economic dualism: An Introduction
Fratianni, Michele - Money and Finance Research group (Mo.Fi.R.) - 2012
This Special Issue of Rivista Italiana degli Economisti celebrates the 150th anniversary of Italy's political unity. Since 1861, Italy has evolved from a poor, backward and agrarian economy to a rich and industrial economy; has gone though bouts of economic insularity and integration; has swung...
Persistent link: https://www.econbiz.de/10010878438