Technology and American Economic Growth


Book Description

In 1982, Vaclav Smil turned upside down traditional perceptions of China as a green paradise in "The Bad Earth". Updating and expanding its basic arguments and perceptions, this volume is an inquiry into the fundamental factors, needs, prospects, and limits of modern Chinese society.




The Rise and Fall of American Growth


Book Description

How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.




Technology and the Pursuit of Economic Growth


Book Description

Technology's contribution to economic growth and competitiveness has been the subject of vigorous debate in recent years. This book demonstrates the importance of a historical perspective in understanding the role of technological innovation in the economy. The authors examine key episodes and institutions in the development of the U.S. research system and in the development of the research systems of other industrial economies. They argue that the large potential contributions of economics to the understanding of technology and economic growth have been constrained by the narrow theoretical framework employed within neoclassical economies. A richer framework, they believe, will support a more fruitful dialogue among economists, policymakers, and managers on the organization of public and private institutions for innovation. David Mowery is Associate Professor of Business and Public Policy at the School of Business Administration, University of California, Berkeley. Nathan S. Rosenberg is Fairleigh Dickinson Professor of Economics at Stanford University. He is the author of Inside the Black Box: Technology and Economics (CUP, 1983).




Productivity: Information technology and the American growth resurgence


Book Description

A study of information technology and economic growth since 1995 that tracks the American growth resurgence to its sources within individual industries. The American economy has experienced renewed growth since 1995, with this surge rooted in the development and deployment of information technology (IT). This book traces the American growth resurgence to its sources within individual industries, documents the critical role of IT, and shows how U.S. nvestment in IT has important parallels in other developed countries.In analyzing the experience in the United States, the authors identify four IT-producing industries, 17 IT-using industries, and 23 non-IT industries and show that the IT-producing and IT-using industries play a disproportionate role in the American growth resurgence. These industries account for only about 30 percent of US GDP but contributed half of the acceleration in economic growth. The study finds that differences in the relative importance of IT-producing industries in other G7 countries have contributed to wide disparities in the impact of IT on economic growth. Productivity, Volume 3 will be of special interest to analysts of the "new economy" and its remarkable persistence through periods of boom and recession.







General Purpose Technologies and Economic Growth


Book Description

Traditionally, economists have considered the accumulation of conventional inputs such as labour and capital to be the primary force behind economic growth. In the late-1990s however, many economists place technological progress at the centre of the growth process. This shift is due to theoretical developments that allow researchers to link microeconomic outcomes.




Information Technologies and Economic Development in Latin America


Book Description

Information and communication technologies have expanded dramatically in Latin America. During the last two decades, mobile phones have penetrated more quickly in this region than in developed regions at a remarkable rate. Similarly, the per capita growth rates of Internet users have been higher in developing countries than in developed countries. The really fast diffusion of newer technologies such as mobile telephony, broadband and Internet has opened up big opportunities for using these technologies in the delivery of information in businesses and social service providers in Latin America and the Caribbean. 'Information Technologies in Latin America' provides a collection of rigorous empirical studies that contributes to a better understanding of the role and impact of old and new information technologies on Latin American economic development. It provides evidence using randomized and quasi-experimental designed studies for different ICT interventions. In evaluating their development impact a critical concern has been to contribute to the little existing evidence. In fact, whereas many ICT projects in the developing world have been promoted by multilateral organizations, bilateral aid agencies and nongovernmental organizations in recent years, the extent to which these interventions and policies actually contribute to the development of the region is unclear. The book provides evidence on what works and what does not. An important objective is to test one of the frustrating benefits of randomized controlled trials, namely, their ability to show that a program works when it does not and in fact, important policy lessons can be gained from failed field experiments. This collection of essays aims to provide valuable insight on both the promise and the pitfalls of trying to replace conventional, high-cost outreach with technological alternatives. Thus, it may be relevant both to researchers working in the area of information technologies and development, as well as to practitioners pondering how to leverage technology to improve outreach and reach clients in innovative ways.










Harnessing Science and Technology for America's Economic Future


Book Description

This book is largely based on a 1998 forum where participants from across America discussed ways to improve the utilization of science and technology for economic growth over the next several decades. A steering committee of prominent Americans, co-chaired by SEMATECH Chairman William Spencer and former Pennsylvania Governor and U.S. Attorney General Dick Thornburgh, developed consensus recommendations from the forum input. Harnessing Science and Technology for America's Economic Future puts forward long-term goals for the nation and associated action items. It includes background papers and talks from the forum, covers the economics of science and technology-based growth, industry trends, the role of government, education, research universities, and the international context.